928 N San Vicente Blvd 24 Unit Apartment Building $8,875,000 ($369,792/Unit) 4.17% Cap Rate West Hollywood, CA 90069
INVESTMENT HIGHLIGHTS
- Very affluent area with great views.
- Close to all downtown/beaches/Marina Del Rey close to Crescent Heights to San Fernando Valley
EXECUTIVE SUMMARY
FOR SALE: Prime West Hollywood - Best Sunset Strip Location - 24 UNIT Security Complex with Pool and Secured Subterranean Parking. One block south of Famous Sunset Strip - Walking distance to Restaurants, Shopping, Markets and Clubs. Very strong - In Demand Rental Location. Just down the street from The London Hotel and The Whiskey A Go Go on the sunset Strip. This beautiful trendy property with Pool and Courtyard offers 20 - ONE BEDROOM UNITS. Your perfect West Hollywood Investment Opportunity With Great Upside potential. For more information, please call Maurice at 310 597-6507.
PROPERTY FACTS
| Price | $8,875,000 |
| Price Per Unit | $369,792 |
| Sale Type | Investment |
| Cap Rate | 4.17% |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 18,414 SF |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 1.19/1,000 SF |
UNIT AMENITIES
- Balcony
- Cable Ready
- Kitchen
- Breakfast Nook
SITE AMENITIES
- Recycling
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 24 | - | 17,762 |
1 of 1
Walk Score®
Walker's Paradise (92)
PROPERTY TAXES
| Parcel Number | 4339-018-025 | Improvements Assessment | $1,976,760 |
| Land Assessment | $4,608,972 | Total Assessment | $6,585,732 |
ZONING
| Zoning Code | WDR4* (Multiple Dwelling) |
CONTACT
-
Maurice Simone - Condon Realty Group