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1316 N Fairfax Avenue

West Hollywood, CA 90046
  • $2,600,000
  • STATUS: Active
  • ON SITE: 149 Days
  • ID#: 24389019
UPDATED: 187 min ago
$2,600,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1967
County:

School Ratings & Info

Listing Agent(s): Grey Blavin of Power Brokers (424-738-5900)


Description

Prime investment opportunity on the edge of West Hollywood! This 8 unit building features 4 spacious 2br/2bath units, and 4 large 1br/1bath units with parking. Units have been renovated as vacancies occur. Walkable to the Weho Whole Foods and the trendy restaurants and shops of the Sunset Strip, this location is as desirable for its neighborhood feel as it is for its easy accessibility to the Weho nightlife. This is a unique opportunity in a prime location.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-10-06T00:28:34.57. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Go Gabby | RE/MAX Estate Properties. Licensed in the State of California, USA.
www.gogabby.com/homes/150349939
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1316 N Fairfax Avenue West Hollywood, CA 90046

  • Price: $2,600,000
  • Status: Active
  • On Site: 149 Days
  • Updated: 187 min ago
  • ID#: 24389019
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1967
Built
Neighborhood:
C20 - Hollywood
County:
Los Angeles
Area:
C20 - Hollywood
Property Description
Prime investment opportunity on the edge of West Hollywood! This 8 unit building features 4 spacious 2br/2bath units, and 4 large 1br/1bath units with parking. Units have been renovated as vacancies occur. Walkable to the Weho Whole Foods and the trendy restaurants and shops of the Sunset Strip, this location is as desirable for its neighborhood feel as it is for its easy accessibility to the Weho nightlife. This is a unique opportunity in a prime location.
Exterior Features

Construction Materials Stucco Lot Features LandscapedNear ParkNear Public TransitRectangular LotSprinklers ManualValue In Land Parking Total 8 Roof AsphaltCommon Roof

Interior Features

Heating Natural GasWall Furnace Heating YN Yes

Property Features

Association Fee 0 Buyer Financing CashConventional Cap Rate 4.47 Community Features Park Disclosures Rent Control Electric Standard Electric Expense 360 Insurance Expense 11282 Laundry Features Common AreaLaundry Room Lease Assignable YN No Listing Agreement Seller Reserved Listing Service Full Service Listing Terms Conventional Maintenance Expense 0 Net Operating Income 152142 Rent Control YN Yes Security Features Carbon Monoxide Detector(s)Fire Rated DrywallSmoke Detector(s)Window Bars Special Listing Conditions Standard Tax Year 2024 Trash Expense 3720 Water Source Public Zoning R2-1XL



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-10-06T00:28:34.57. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Go Gabby | RE/MAX Estate Properties. Licensed in the State of California, USA.
 
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Go Gabby | RE/MAX Estate Properties
1901 S Catalina Ave.
Redondo Beach CA, 90277
Listing Agent(s): Grey Blavin of Power Brokers (424-738-5900)