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936 N Orange Grove Ave
West Hollywood, CA 90046
11.97 GRM and 5.35 CAP in West Hollywood · Multifamily Property For Sale
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11 Units
Investment Highlights
- UNDER 12X GRM AND 5.35 CAP in a Premier West Hollywood location
- Significant rental upside (current rent/SQFT of $2.43)
- Large 6,499 SQFT lot zoned R3C-WD
- Excellent unit mix (3-bedroom, 2-bedroom, 1-bedroom, and studio floor plans)
- Quintessential value-add investment opportunity
- In close proximity to high-end dining, retail, and entertainment venues along the Sunset Strip and Santa Monica Blvd.
Property Facts
| No. Units | 11 | Building Size | 9,757 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1961 |
| Building Class | C | Parking Ratio | 0.91/1,000 SF |
| Lot Size | 0.15 AC | ||
| Zoning | R3, West Hollywood - Multiple Dwelling | ||
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 9,757 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 0.91/1,000 SF |
| Zoning | R3, West Hollywood - Multiple Dwelling |
Amenities
Unit Amenities
- Balcony
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 3 | - | - |
| 1+1 | 3 | - | - |
| 2+2 | 4 | - | - |
| 3+2 | 1 | - | - |
Property Taxes
| Parcel Number | 5530-026-003 | Improvements Assessment | $817,523 |
| Land Assessment | $1,137,429 | Total Assessment | $1,954,952 |
Property Taxes
Parcel Number
5530-026-003
Land Assessment
$1,137,429
Improvements Assessment
$817,523
Total Assessment
$1,954,952
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