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8231 De Longpre AVE West Hollywood, CA 90046
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Key Details
Sold Price $3,500,000
Property Type Residential Income
Listing Status Sold
Purchase Type For Sale
Square Footage 10,137 sqft
Price per Sqft $345
MLS Listing ID 25565239
Bedrooms 14
Year Built 1957
Lot Size 8,664 Sqft
Property Description
First time to be sold in over 26 years! 5.86% Cap Rate and 11.08 GRM in Prime West Hollywood. AAA+ location just steps away from the world renowned Sunset Blvd! This building has an excellent unit mix offering studio, one-bedroom, and two-bedroom layouts. Recent capital expenditures include a brand new electrical panel, all copper plumbing, all subpanels have been replaced, and seismic gas shut off valves have been installed. On site amenities feature 10 gated parking spots, common laundry, and pool. Select units offer private balcony/patio space and sky lights. There is also a camera system throughout the property. Approximately over 20% in rental upside!
Location
State CA
County Los Angeles
Area C10 - West Hollywood Vicinity
Zoning WDR4*
Interior
Heating Central
Exterior
Parking Features Covered
Building
Story 2
New Construction No
Others
Special Listing Condition Standard
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Bought with Jordan Asheghian Lyon Stahl Investment Real Estate, Inc.
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