1023-1027 N Sierra Bonita Ave 14 Unit Apartment Building $4,000,000 ($285,714/Unit) 5.21% Cap Rate West Hollywood, CA 90046

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Oakmore Inc., on behalf of ownership, is pleased to exclusively offer for sale the opportunity to acquire the 100% fee simple interest in a classic vintage multi family building at 1023-1027 N Sierra Bonita Ave, West Hollywood, CA 90046 (the “Property”). The Property consists of 14 units totaling approximately ±12,018 SF on ±0.29 acre (±12,630 SF) parcels of land. The Property comprises 14 units: (8) 1 bedroom 1 bath units, (2) 2 bedroom and 1 bath units, and (4) 2 bedroom and 2 bath units. Two of the units have private and secluded patio front yard areas.
This is an excellent investment with immediate cash flow. Moreover, it is offered with attractive 4% assumable financing. This offering provides the rare opportunity to acquire a multi family leased investment in one of the most sought-after markets in the United States.
Nestled just steps away from the prime strip of the bustling Santa Monica Boulevard, the Property affords excellent proximity to iconic entertainment, dining, and retail establishments. Santa Monica Blvd is a major thoroughfare and boasts several national retailers and artisan stores, providing easy access to neighborhood amenities for the area’s residents. The Property boasts a walk score of 92/100, so most errands can be accomplished on foot.
Rarely does an investor have the chance to acquire a multi-family property of such distinction in a prime Los Angeles location. Attractively offered at $4,000,000, 1023-1027 N Sierra Bonita Ave is more than just a property; it’s a generational investment opportunity in one of Los Angeles’ most desirable neighborhoods. This exclusive offering promises unparalleled potential and long-term appreciation. Don’t miss this exclusive opportunity.