We are pleased to present a very rare opportunity to acquire 948- 950 Palm Avenue, an 8-Unit multifamily building located in the prestigious Norma Triangle neighborhood ofWest Hollywood. Available for the first time since 1985, the property is ideally situated between the Sunset Strip and Santa MonicaBoulevard, within a close… Read More distance to some of Los Angeles' most iconic dining, nightlife, and shopping destinations.This property boasts a prime West Hollywood location with exceptionally high tenant demand and easy access to other coveted employer hubs including Beverly Hills, Century City, Hollywood, and the Miracle Mile. Read Less
Property listed by CBRE, John Boyett
Listing Snapshot
Days Online
62
Last Updated
Property Type
Other
Beds
7
Square Ft.
4,904
Lot Size
0.28 Acres
Year Built
1909
MLS Number
25582145
30 Days Snapshot Of 90069
$1.91M
-14%
(avg) sold price
21
-4%
homes sold
77
-18%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1909, Building area total: 4,904, Levels: MultiSplit, Living area: 4904, 5 buildings
Income
Gross income: $203,700, Net operating income: $117,602
Lot
0.2825 acres, 12,305 square feet, Size: 12,305
Property
Zoning: WDR4*
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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