9001-1/2 Elevado Street

    West Hollywood, CA 90069
    • $1,665,000
    • STATUS: Closed
    • ON SITE: 168 days
    • ID#: 18318478
    Sold - 05/30/2018
    $1,665,000
    SOLD - 05/30/2018
    • 0
      BEDS
    • 0.09
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,346
      SQFT
    • $710
      $/SQFT
    Type:
    Multi-Family
    Built:
    1938
    County:

    School Ratings & Info

    Description

    Presenting this prime property in the Norma Triangle Neighborhood, just steps from Doheny & iconic Sunset Blvd. This is a +/-2,346 SF building on a +/-3,972 SF lot. There are three existing units, one of the 3 may be non-conforming.* There is one 2-bed + 1.5-bath (to be delivered vacant), and two 1-bed + 1-bath (one to be delivered vacant and one rented at $2,120). This is an excellent investment with upside in rents, stable and predictable cash flow, and has the potential of having excellent cash flow. This would also be great for development or for an owner to live in one of the units while collecting rent from the other units. With it's upside potential and location so close to Sunset Blvd and all the high end shops, restaurants, businesses and clubs it will go fast!*Disclosure: Listing broker has not verified if this property is 2 units or 3 units. Broker obtained CoreLogic property profile showing 2 units, 3 units on the property, Rent Stabilization Dept shows 3, buyer to verify

    Sold by Marcie Graham of Mg Realty Investment, Inc..

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-08-16T14:33:35.557. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.teamforss.com/homes/81155641

    9001-1/2 Elevado Street West Hollywood, CA 90069

    • Price: $1,750,000
    • Status: Closed
    • Updated: 52 min ago
    • ID#: 18318478
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.09
    Acres
    2,346
    SQFT
    $710
    $/SQFT
    1938
    Built
    Neighborhood:
    C10 - West Hollywood Vicinity
    County:
    Los Angeles
    Area:
    C10 - West Hollywood Vicinity
    Property Description
    Presenting this prime property in the Norma Triangle Neighborhood, just steps from Doheny & iconic Sunset Blvd. This is a +/-2,346 SF building on a +/-3,972 SF lot. There are three existing units, one of the 3 may be non-conforming.* There is one 2-bed + 1.5-bath (to be delivered vacant), and two 1-bed + 1-bath (one to be delivered vacant and one rented at $2,120). This is an excellent investment with upside in rents, stable and predictable cash flow, and has the potential of having excellent cash flow. This would also be great for development or for an owner to live in one of the units while collecting rent from the other units. With it's upside potential and location so close to Sunset Blvd and all the high end shops, restaurants, businesses and clubs it will go fast!*Disclosure: Listing broker has not verified if this property is 2 units or 3 units. Broker obtained CoreLogic property profile showing 2 units, 3 units on the property, Rent Stabilization Dept shows 3, buyer to verify
    Exterior Features

    Lot Size Source See Remarks Lot Size Units Square Feet Parking Features Garage - Two DoorDriveway Parking YN Yes

    Interior Features

    Laundry Features See Remarks

    Property Features

    Gross Multiplier 16.92 Gross Operating Income 100337.00 Improvements Amount 310821 Land Value 329471 Laundry YN Yes Net Operating Income 69228.00 Special Listing Conditions Standard Total Expenses 31109.00 Zoning Wdr1b*

    Listing provided courtesy of Marcie Graham of Mg Realty Investment, Inc..


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-08-16T14:33:35.557. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
    Allison James Estates and Homes
    45100 Redhawk Parkway
    Temecula CA, 92592