West Hollywood, CA 90046,1223 Havenhurst DR
West Hollywood, CA 90046,1223 Havenhurst DR
West Hollywood, CA 90046,1223 Havenhurst DR
$1,530,000
Est. payment /mo
$1,650,000
7.3%
Est.Price: ?

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8 Beds
6 Baths
4,807 SqFt
SOLD DATE : 06/14/2024

Key Details

Sold Price $1,530,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,807 sqft

Price per Sqft $318

MLS Listing ID 24394565

Sold Date 06/14/24

Bedrooms 8

HOA Y/N No

Year Built 1962

Lot Size 7,318 Sqft

Property Description

We are pleased to offer for sale an incredible multifamily asset located at 1223 Havenhurst Drive in the heart of West Hollywood. Originally built in 1962 and ideally situated on a large lot zoned R4, the building exemplifies mid-century charm. Available for the first time in decades, the property consists of generous sized efficiency, 1-bedroom, 2-bedroom, and 3-bedroom layouts with each unit offering a terrific spacious floor plan flooded with natural light. With 2 separate structures set around mature landscaped grounds, the property offers the astute investor with a quintessential value add opportunity. As current rents hover around $1.83/sqft, there is tremendous rental upside through a comprehensive renovation program as units turn. Additionally, the property offers its residents with amenities such as a sparkling pool and ample on-site parking. A walker's paradise, 1223 Havenhurst Drive is a great asset in an undeniably attractive location that will surely pay long-term dividends to a savvy investor. This rare offering presents an astute investor or developer with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset in one of the best rental locations in all of Los Angeles.

Location

State CA

County Los Angeles

Area C10 - West Hollywood Vicinity

Zoning WDR4*

Interior

Heating Wall Furnace

Fireplace No

Exterior

Garage Assigned

Parking Type Assigned

Total Parking Spaces 4

Building

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5554016010

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Jonathan Taksa • Remax Commercial and Investment Realty
Bought with Jonathan Taksa • Remax Commercial and Investment Realty

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Monique H. Ott-Beacham

+1(619) 757-3109

Broker | License ID: DRE #01448692

Broker License ID: DRE #01448692

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