11

1045 N HARPER AVE West Hollywood, CA 90046

$6,800,000

Bedrooms

Total Baths

Full Baths

11,658

Square Feet

0.16

Acres

1963

Year Built

18 days

On Website

Active

Status

We are pleased to present the opportunity to acquire 1045 N. Harper Avenue, a 15 - unit apartment building located in prime West Hollywood, California. The property offers investors a unique value -add opportunity with over 60% of the units being delivered vacant and ready to renovate at the close of escrow. The subject property, built in 1963 consists of nine (9) one-bedroom/one-bathroom units, and six (6) two-bedroom/two-bathroom units. The upper floors have incredible views of either the Hollywood Hills, or the City, and select units have private patios. Its 6,981 square foot lot is located within a highly desirable neighborhood in West Hollywood. It is within walking distance to Santa Monica Boulevard and provides convenient access to daily errands, retail, restaurants, and entertainment venues. The subject property allows an astute investor to acquire an exceptionally well-located property and immediately begin to reposition the asset without the challenges of having to relocate tenants.

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Details


Interior
Living Area
11,658 SqFt.

Building And Construction
Number Of Units Total
15
Property Sub Type
Multi Family
Property Type
Residential Income
Year Built
1963

Exterior And Lot
Lot Size Acres
0.1603
Lot Size Square Feet
6982
Lot Size Units
Square Feet
Parking Total
15
Zoning
WDR3A*

Utilities
Heating
None

Area And Schools
City
West Hollywood
County Or Parish
Los Angeles

Financial Info
Buyer Agency Compensation
2%

Listing By Marcus & Millichap – Saadia 'Sam' Liberow

MLS# 21792974

Data Last Updated 6:12AM - 10/25/2021

California Regional MLS

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright© 2021 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright© 2021 California Regional Multiple Listing Service, Inc. All rights reserved.

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