Rarely does an investment opportunity of this caliber arise in the heart of West Hollywood, one of Los Angeles' most coveted rental submarkets. This impeccably maintained 27-unit complex offers a sophisticated blend of vintage architectural charm and modern infrastructure, perfectly positioned to capture the high-income demographics of this supply-constrained neighborhood.… Read More The property boasts a highly functional and balanced unit mix - comprising (4) studios, (19) one-bedrooms, and (4) two-bedrooms - ensuring consistent cash flow through a strategic combination of steady turnover and long-term stability. Units are thoughtfully appointed with engineered wood flooring, upgraded double-pane windows, and improved sliding doors; eleven units feature private balconies, while select residences offer upgraded HVAC systems, including central air or Mitsubishi mini-splits. Perhaps the most significant competitive advantage is the expansive parking, offering 28 spaces (32 total spots), a rare luxury that far exceeds local standards and simplifies urban living for residents. On-site amenities further elevate the tenant experience, including a refreshing pool, controlled access, and owner-owned laundry facilities providing an additional revenue stream of approximately $400 per month. With primarily copper plumbing, separately metered utilities, and a reliable water heating system (including a 2017-installed 100-gallon unit), the property is engineered for low-maintenance ownership. Residents enjoy unparalleled proximity to the Sunset Strip, world-class entertainment studios, and the premier job centers of Beverly Hills and Century City, making this a true trophy asset for any discerning portfolio. Read Less
Property listed by Marcus & Millichap, Saadia 'Sam' Liberow 310-259-7556
Listing Snapshot
Days Online
0
Last Updated
Beds
23
Square Ft.
20,631
Lot Size
0.39 Acres
Year Built
1959
MLS Number
26828009
Additional Details
Building
Built in 1959, Living area: 20631.0, 1 building, Levels: Two
Community
Pool
Heating
WallFurnace
Income
Gross Income: $757,459, Net Operating Income: $462,232
Lot
0.3866 acres
Parking
32 total parking spaces, Gated
Pool
Community
Taxes
Parcel Number: 5554014014, 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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