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$2,495,000
Est. payment /mo
6 Beds
6 Baths
6,718 Sqft Lot
UPDATED:
11/12/2024 03:17 PM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR24221483
Bedrooms 6
HOA Y/N No
Lot Size 6,718 Sqft
Property Description
This fully-occupied income producing property is located north of the world famous Sunset Blvd (Sunset Strip) and features (4) four distinct fully-rented units on a 6,718 Square feet R4 zoned lot, offering unparalleled potential for continued rental income or redevelopment. The Unit mix consists of One 2+2+Den, One 2+1.5, One 1+1+Den and one 1+1 units. The potential for Redevelopment is immense with the R4 zoning, A+ Location, Breathtaking views and Expansive Lot Size. Whether you envision modern luxury condos, exclusive high-end townhomes or multi-family apartments, the possibilities with this property are endless. The area is a hot bed for redevelopment. This subject property boasts stunning views, serene surroundings and is located close to the vibrant heart of West Hollywood, Los Angeles and Beverly Hills. The subject property is right below the coveted Bird streets and Trousdale Estates which feature homes in the tens of millions of dollars. Sunset Boulevard in West Hollywood is a dynamic mix of culture, entertainment and luxury, making it a must-visit destination in Los Angeles. Some of the highlights of the Sunset Strip in West Hollywood include iconic destinations such as The Roxy Theater, The Viper Room, Chateau Marmont, The Comedy Store, Sunset Plaza, Whiskey A Go Go, Skybar at Mondrian along with many iconic hotels. This is an incredible opportunity to any astute investor to acquire a generational property. Location! Location! Location!
This fully-occupied income producing property is located north of the world famous Sunset Blvd (Sunset Strip) and features (4) four distinct fully-rented units on a 6,718 Square feet R4 zoned lot, offering unparalleled potential for continued rental income or redevelopment. The Unit mix consists of One 2+2+Den, One 2+1.5, One 1+1+Den and one 1+1 units. The potential for Redevelopment is immense with the R4 zoning, A+ Location, Breathtaking views and Expansive Lot Size. Whether you envision modern luxury condos, exclusive high-end townhomes or multi-family apartments, the possibilities with this property are endless. The area is a hot bed for redevelopment. This subject property boasts stunning views, serene surroundings and is located close to the vibrant heart of West Hollywood, Los Angeles and Beverly Hills. The subject property is right below the coveted Bird streets and Trousdale Estates which feature homes in the tens of millions of dollars. Sunset Boulevard in West Hollywood is a dynamic mix of culture, entertainment and luxury, making it a must-visit destination in Los Angeles. Some of the highlights of the Sunset Strip in West Hollywood include iconic destinations such as The Roxy Theater, The Viper Room, Chateau Marmont, The Comedy Store, Sunset Plaza, Whiskey A Go Go, Skybar at Mondrian along with many iconic hotels. This is an incredible opportunity to any astute investor to acquire a generational property. Location! Location! Location!
This fully-occupied income producing property is located north of the world famous Sunset Blvd (Sunset Strip) and features (4) four distinct fully-rented units on a 6,718 Square feet R4 zoned lot, offering unparalleled potential for continued rental income or redevelopment. The Unit mix consists of One 2+2+Den, One 2+1.5, One 1+1+Den and one 1+1 units. The potential for Redevelopment is immense with the R4 zoning, A+ Location, Breathtaking views and Expansive Lot Size. Whether you envision modern luxury condos, exclusive high-end townhomes or multi-family apartments, the possibilities with this property are endless. The area is a hot bed for redevelopment. This subject property boasts stunning views, serene surroundings and is located close to the vibrant heart of West Hollywood, Los Angeles and Beverly Hills. The subject property is right below the coveted Bird streets and Trousdale Estates which feature homes in the tens of millions of dollars. Sunset Boulevard in West Hollywood is a dynamic mix of culture, entertainment and luxury, making it a must-visit destination in Los Angeles. Some of the highlights of the Sunset Strip in West Hollywood include iconic destinations such as The Roxy Theater, The Viper Room, Chateau Marmont, The Comedy Store, Sunset Plaza, Whiskey A Go Go, Skybar at Mondrian along with many iconic hotels. This is an incredible opportunity to any astute investor to acquire a generational property. Location! Location! Location!
Location
State CA
County Los Angeles
Area West Hollywood (90069)
Zoning Assessor
Interior
Cooling Central Forced Air, Wall/Window
Exterior
Roof Type Composition
Building
Lot Description Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Monthly Total Fees $190
Space Rent $4,635
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Listed by Kunal S. Sethi • Sync Brokerage, Inc.
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Najla Dearie Wehbe Dipp
Broker Associate | License ID: 02024371
Broker Associate License ID: 02024371