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8759-8763 Santa Monica Blvd
West Hollywood, CA 90069
Hancock Lofts · Multifamily Property For Sale
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33 Units
Investment Highlights
- Rare Opportunity to Acquire a Prominent Multi-Tenant Retail Condo Investment in Downtown West Hollywood
- Multi-Level Parking Lot & Additional Income Included
- Dense Southern California Demographics: West Hollywood boasts a vibrant and affluent population with a high concentration of young professionals
- Stabilized Investment with Strong Tenancy: The Shops at Hancock Lofts is currently fully occupied and leased to three (3) established businesses
- Improving Returns: The existing leases contain strong upcoming scheduled rent increases and the parking income has shown strong year-over-year growth
- High Barriers to Entry: Supply constrained, densely populated, infill trade area with limited sites available for future development or redevelopment
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Stainless Steel Appliances
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 20 | - | 1,043 - 1,199 |
| 2+2 | 4 | - | 1,217 - 1,861 |
| 2+2.5 | 9 | - | 1,550 - 1,867 |
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