REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

TNG Real Estate Consultants

info@tngrealestate.com +1(714) 987-3310

$2,149,000

Est. payment - /mo

7 Beds

6 Baths

3,208 SqFt

Save

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,208 sqft

Price per Sqft $669

MLS Listing ID 26876391

Bedrooms 7

HOA Y/N No

Year Built 1920

Lot Size 7,562 Sqft

Property Description

Located in the heart of West Hollywood, this 3-unit property is a standout opportunity for investors seeking income and long-term upside. The front house, a beautifully renovated 3 bedroom, 2 bathroom home updated within the past year, is complemented by a rear building of two identical stacked 2 bedroom, 2 bathroom units, each with access to covered carport parking. Every unit is currently leased, providing reliable and consistent income from day one with a current cap rate of about 5.03%. With market value rents, this property projects a cap rate of about 6.14%. Adding to the appeal, the property comes with plans for a 4-unit townhome development, giving the next owner a clear path toward future value creation. Ideally positioned near Santa Monica Blvd, this is a rare chance to own an income-producing asset with meaningful room to grow, just minutes from the shops and dining West Hollywood has to offer.

Location

State CA

County Los Angeles

Area C10 - West Hollywood Vicinity

Zoning WDR3C*

Interior

Interior Features Ceiling Fan(s)

Flooring Tile, Wood

Fireplaces Type Bath, Dining Room, Family Room, Kitchen

Fireplace Yes

Appliance Built-In, Microwave, Oven, Range, Refrigerator, Dryer, Washer

Laundry In Carport

Exterior

Parking Features Carport, Driveway

Carport Spaces 3

Pool None

Total Parking Spaces 6

Private Pool No

Building

Lot Description Front Yard

Faces West

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5530003014

Special Listing Condition Standard

Read Less Info

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Jacob Greene Douglas Elliman of California, Inc. #01933997

Nearby Locations

GET MORE INFORMATION

TNG Real Estate Consultants

+1(714) 987-3310

Agent License ID: 01886242

1154 N Ogden DR West Hollywood, CA 90046

TNG Real Estate Consultants

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

GET MORE INFORMATION