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    1343 N Sierra Bonita Avenue

    West Hollywood, CA 90046
    • $3,999,000
    • STATUS: Active
    • ON SITE: 51 days
    • ID#: 21705012
    UPDATED: 26 min ago
    $3,999,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,924
      SQFT
    • $448
      $/SQFT
    Type:
    Multi-Family
    Built:
    1959
    County:

    School Ratings & Info

    Description

    This very well maintained 10-unit apartment complex is located in one of the most desirable rental markets, one of the premier locations w/high demand rentals in California. Comprised of excellent unit mix of 6 (1bed/1bath) and 4 (2bed/2bath) units with parking ratio of 1.7/per unit. Laundry facility on-site with additional approx. $3k income per/yr. There is a non-conforming single unit on ground floor potentially an ADU for additional income (currently used as an office/storage) Great upside potential in rents. Soft story retrofit completed in 2020. Separate meters for gas/electricity. Centrally located south of Sunset and North of Fountain Ave with walk score of 88 close to all area shops, dining, transportation and entertainment hot spots. West Hollywood post office address. Property is managed by the owner. Drive by and please do not disturb tenants.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-06T15:38:05.02. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The DeBonis Team | Keller Williams Realty. Licensed in the State of California, USA.
    www.debonishomes.com/homes/115127606
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    1343 N Sierra Bonita Avenue West Hollywood, CA 90046

    • Price: $3,999,000
    • Status: Active
    • Updated: 26 min ago
    • ID#: 21705012
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    8,924
    SQFT
    $448
    $/SQFT
    1959
    Built
    Neighborhood:
    C10 - West Hollywood Vicinity
    County:
    Los Angeles
    Area:
    C10 - West Hollywood Vicinity
    Property Description
    This very well maintained 10-unit apartment complex is located in one of the most desirable rental markets, one of the premier locations w/high demand rentals in California. Comprised of excellent unit mix of 6 (1bed/1bath) and 4 (2bed/2bath) units with parking ratio of 1.7/per unit. Laundry facility on-site with additional approx. $3k income per/yr. There is a non-conforming single unit on ground floor potentially an ADU for additional income (currently used as an office/storage) Great upside potential in rents. Soft story retrofit completed in 2020. Separate meters for gas/electricity. Centrally located south of Sunset and North of Fountain Ave with walk score of 88 close to all area shops, dining, transportation and entertainment hot spots. West Hollywood post office address. Property is managed by the owner. Drive by and please do not disturb tenants.
    Exterior Features

    Carport YN Yes Construction Materials Stucco Direction Faces West Foundation Details Slab Lot Features Rectangular Lot Parking Features Attached CarportCovered Pool Features None Pool Private YN No Spa Features None Spa YN No View None View YN No

    Property Features

    Additional Parcels YN No Buyer Financing CashConventionalPrivate Community Features Gated Disclosures Rent ControlSeller Disclosure Gross Income 233820 Insurance Expense 4500 Land Lease YN No Laundry Features Common AreaLaundry RoomOutside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Maintenance Expense 7500 Net Operating Income 191215 New Taxes Expense 16370 Possession Close Of Escrow Rent Control YN Yes Security Features Gated Community Senior Community YN No Sewer Other Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 230820 Trash Expense 3135 Vacancy Allowance Rate 0 Water Sewer Expense 10200 Zoning Lar3

    Listing provided courtesy of Azita Tahsini of Beverlywood Estates


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-06T15:38:05.02. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The DeBonis Team | Keller Williams Realty. Licensed in the State of California, USA.
     
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