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.
Listing By Marcus & Millichap – Saadia 'Sam' Liberow
Data Last Updated 6:12AM - 10/25/2021
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