1316 Havenhurst DR, West Hollywood, CA 90046

$6,500,000

$6,950,000

6.5%

Est.Price: ?

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Est. payment -/mo

28 Beds

28 Baths

17,374 SqFt

SOLD DATE : 08/20/2024

Key Details

Sold Price $6,500,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 17,374 sqft

Price per Sqft $374

MLS Listing ID 23331565

Sold Date 08/20/24

Bedrooms 28

HOA Y/N No

Year Built 1942

Lot Size 0.357 Acres

Property Description

Assume $3,529,000 loan at 3.2% fixed until 5/1/28. Prime West Hollywood. 100% occupied. Significant (42%) upside in rents. 12.6 x Gross & 4.7% Cap with existing rents; 8.9 x Gross & 7.8% Cap with rents at market. 6.3% return on down payment at closing; 12.7% return with rents at market

Location

State CA

County Los Angeles

Area C10 - West Hollywood Vicinity

Zoning WDR4*

Interior

Fireplace No

Exterior

Parking Features None

Building

Story 1

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5554008008

Special Listing Condition Standard

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Gatehouse Properties

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Listed by Hamid Soroudi • Keller Williams Beverly Hills
Bought with Jared Battat • Keller Williams Beverly Hills

+1(714) 743-9882

info@gatehouseproperties.com

Costa Mesa, CA, 92626, United States

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