$1,995,000 Price Analysis   ♡   West Hollywood, CA 90069 6 bed 6 bath 2,554 SqFt ($781/SqFt) 6,527SqFt lot. Built 1918 Listed 2024-04-17, Taxes $9,200 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
We are pleased to present a four (4)
* No Longer For Sale *
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Unit apartment building located at 8997 Keith Avenue in West Hollywood, California. The subject property is situated in a prime West Hollywood location, north of Santa Monica Boulevrd and east of N Doheny Drive. Built in 1918, this property contains a extraordinary unit mix of two (2) one-bedroom / one-bathroom units and two (2) two-bedroom / two-bathroom units. One (1) one-bedroom unit and one (1) two-bedroom unit have open rooftop patios. The units are well-maintained with each unit having in-unit washers and dryers or a dedicated washer and dryer in the laundry room for that specific unit.
Equipped with a long gated driveway this complex also offers full on-site parking and a small dedicated laundry room. Tenants will love living down the street from the Sunset Strip to the north and Beverly Hills to the west. This pocket allows immediate access to incredible local amenities including the Troubador Theater, Sur Restaurant and Lounge, Soho House, Rocco's and Insomnia Cookies. Situated in a prime West Hollywood location, this offering presents an excellent opportunity for any investor to capitalize on a Seller carried first new loan or 30-year fixed residential financin g to acquire a character, Spanish style asset with strong rental upside potential.
Presented by Jason Tuvia at
Marcus & Millichap.
Property MLS #24-381389 from TheMLSCLAW
Full Bathrooms: 6
Laundry Features: In Unit, Laundry Area
Kitchen Features: Remodeled
Heating Features: Wall
Patio Features: Roof Top Deck, Patio Open
Lot Size Acres: 0.1498393
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6527
Parking Total: 4
Other Equipment: Built-Ins, Dishwasher, Refrigerator, Range/Oven, Washer, Dryer, Stackable W/D Hookup
Security Features: Gated
Vacancy Allowance: 3657
Calculated Total Monthly Association Fees: 0
Number of Units: 4
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 2800, 2 BedsTotal: 2, 2 BathsTotal: 2, 2 SquareFeet: 2900, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 3250, 4 BedsTotal: 2, 4 BathsTotal: 2, 4 SquareFeet: 3550
Source Listing Status: Sold
County: Los Angeles
Cap Rate: 4.26
Directions: The subject property is situated in a prime West Hollywood location, north of Santa Monica Boulevard and east of N Doheny Drive.
Source Property Type: Residential Income
Area: West Hollywood Vicinity
Source Neighborhood: West Hollywood Vicinity
Parcel Number: 4340-015-006
Postal Code Plus 4: 4903
Property Location: City
Zoning: WDR2
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $284,371 + $369,315 $653,686 | $9,200 |
| 2021 | $278,796 + $362,074 $640,870 | $9,084 |
| 2020 | $275,938 + $358,362 $634,300 | $9,140 |
| 2019 | $270,528 + $351,336 $621,864 | $8,766 |
| 2018 | $265,224 + $344,448 $609,672 | $8,590 |
| 2017 | $260,024 + $337,695 $597,719 | $8,423 |
| 2016 | $254,926 + $331,074 $586,000 | $8,212 |
| 2015 | $251,097 + $326,101 $577,198 | $8,096 |
| 2014 | $246,179 + $319,714 $565,893 | $8,099 |
| 2013 | $245,067 + $318,270 $563,337 | $8,071 |
| 2012 | $240,262 + $312,030 $552,292 | $8,110 |
| 2010 | $235,551 + $305,912 $541,463 | $7,888 |
| 2009 | $234,347 + $304,348 $538,695 | $7,589 |
| 2009 | $233,791 + $303,626 $537,417 | $7,589 |
| 2008 | $229,752 + $298,381 $528,133 | $7,302 |
| 2007 | $225,248 + $292,531 $517,779 | $7,066 |
$1,900,000
TheMLSCLAW
Price Changed 2024-05-21
$1,995,000
TheMLSCLAW
Listed 2024-04-17
$2,100,000
TheMLSCLAW
Sold 1999-06-23
$442,500
Public Record
Sold 1992-01-31
$300,000
Public Record
Year Built: 1918
Levels: Multi Levels
Living Area Source: Vendor Enhanced
Property Age: 106
Property Condition: Updated/Remodeled
Levels or Stories: 2
Building Total Stories: 2
House Style: Spanish
Year Built Source: Vendor Enhanced
Architectural Style: Spanish
Map directions Map directions Map directions Map directionsThe property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.