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8218 De Longpre Ave West Hollywood, CA 90046
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Key Details
Sold Price $4,710,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 15,090 sqft
Price per Sqft $312
MLS Listing ID 25543767
Bedrooms 21
Year Built 1955
Lot Size 0.299 Acres
Property Sub-Type Multi-Family
Property Description
INCREDIBLE PRICE IMPROVEMENT. 4.9 CAP RATE. 8218 De Longpre Avenue is a prestigious opportunity to acquire a true pride of ownership property in one of the best locations in prime West Hollywood. Set prominently on an idyllic tree lined street, the beautiful open courtyard property boasts an ideal unit mix consisting of large 1 and 2-bedroom units and two dramatic two-story townhome style units, one with 3 bedrooms and one with 4 bedrooms (in addition, there is one studio unit). Each of the units is very spacious, has a terrific floor plan, and offers an abundance of natural light. Built in 1955 and owned by the current ownership's family for over 40 years, the property is an ideal mid-century gem. Units feature hardwood floors (select units), spacious kitchens/bedrooms/ bathrooms, and large closets. Other property features include an updated electrical system, a well landscaped courtyard, a large sparkling pool, an on-site laundry facility, a pitched roof, and on-site parking. All soft story retrofit work has been completed by ownership. Close to some of the Westside's best dining, retail, and nightlife, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset in one of the best rental locations in all of Los Angeles.
Location
State CA
County Los Angeles
Area West Hollywood Vicinity
Zoning WDR4*
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Other
Equipment Other
Exterior
Parking Features Assigned, Covered Parking
Garage Spaces 15.0
Building
Story 2
Others
Special Listing Condition Standard
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Bought with Remax Commercial and Investment Realty
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