Active
1253 Havenhurst Dr
West Hollywood CA, 90046
$20,900,000
$540.22 per sqft
Active
2 Beds
79 Baths
38,688 sqft
Multi-family
Built in 1956
Assumable loan of $11,227,000 at 3.2% fixed until 5/1/28. The loan has a value of over $1,350,000 compared to a new loan at 6.2%. Significant (32%) upside in rents. 11.9 x Gross & 5.3% Cap with existing rents; 9 x Gross & 8% Cap with rents at market. 6.8% return on down payment at closing; 12.2% return with rents at market. Seller has renovated 50% of the units and common areas at a cost of over $1,070,000. Controlled access, pool, gated parking.
24-371159
MLSⓇ ID
March 20, 2024
Listed
September 13, 2024
Updated
Map
1253 Havenhurst Dr
West Hollywood CA, 90046
Interior Features
Total Stories
2
Bedrooms
2
Total Bathrooms
79
Appliances
Other
Fireplace
No
Cooling
Yes
Cooling Description
Wall Unit(s)
Heating
Yes
Heating Description
Other
Exterior/Building Features
Lot Size
0.7 Acres
Other Property Details
Area Name
West Hollywood Vicinity
Days on Market
119
Garage
Yes
Parking
Community Garage
Parking Total
75
View
No
County
Los Angeles
Pool
No
Pool Features
Community
Zoning
WDR4*
Listed by Hamid Soroudi with Keller Williams Beverly Hills
Listing Contact: 310-432-6547
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Data last updated 9/13/2024