$2,249,000
Location! Location! Prime West Hollywood, Norma Triangle - An amazing value legacy property, Excellent GRM/CAP income with future Upside Potential and always rented! All 5 units, each with private courtyard/garden space, made up of 2-Two bedroom townhouses, 1-One bedroom and 2-Studio apartments. Located in one of the most exclusive West Hollywood neighborhoods, known as the Norma Triangle, adjacent to Beverly Hills and steps from the Pacific Design Center and the shopping & entertainment avenues of Robertson, Doheny, Melrose, Santa Monica & Sunset Blvd. A gated, Spanish style, garden architectural compound. Excellent income Plus future upside value, with three of the units already updated, and offering good higher income potential for the other 2 units. An amazing opportunity for this A+ location with a 93 Walk-Score! Buyer has the opportunity to assume an excellent assumable loan ($880,000) with 30 year fixed financing at 4.97%! This allows investors an opportunity to acquire a high cash-flowing well-located asset poised for strong long-term appreciation. Please note that the subject property is being sold "As-Is" . Showing with accepted offer only.
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Listed by Ladd Jackson with Carolwood Estates (310) 623-3600
Property Type
Residential Income
Status
Active
MLS Number
25588627
Year Built
1947
Lot Size
4,299 sq ft