West Hollywood, CA 90046
$1,785,000
Mark Quesada
Broker / Owner
DRE #02101365
Exceptional owner-user or investment opportunity in one of West Hollywood's most desirable residential neighborhoods. Offering a 5.41% CAP, 13.16 GRM, $96,643 NOI and $135,600 in gross annual income, this four-unit property combines strong current returns with an attractive owner-user opportunity. The beautifully updated 2-bedroom front residence is ideal for owner-user occupancy and features its own large, private and secluded yard and patio, while the three additional units currently generate $7,300 per month in rental income.Set behind mature hedging on a 6,157-square-foot lot, the property offers exceptional privacy, multiple outdoor spaces and a true residential feel. Each unit features updated kitchens and baths, in-unit laundry and private outdoor areas.An outstanding opportunity for an owner-user looking to enjoy the privacy and outdoor space of a single-family residence while benefiting from substantial rental income, or an investor seeking strong current returns in a prime West Hollywood location. Moments from Melrose Avenue, Santa Monica Boulevard and some of the area's best dining, shopping and entertainment. Some photos have been virtually staged.
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$13,174/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
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Construction
Lot & parking
Listed by Brian Joy, Berkshire Hathaway HomeServices California Properties
Co-listed by Nancy Sanborn, Berkshire Hathaway HomeServices California Properties
MLS# 26842389 · Active
$1,611,050
Median sale price
48 days
Avg days on market
98.1% of list
Sells for
Closed sales in 90046 over the last 6 months, all home types.
Actual closed sales from the MLS — not estimates.
History reflects records reported to the MLS and may be incomplete.
