$5,000,000
$4,995,000
0.1%For more information regarding the value of a property, please contact us for a free consultation.
501 N San Vicente BLVD West Hollywood, CA 90048
5,570 SqFt
Key Details
Sold Price $5,000,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,570 sqft
Price per Sqft $897
MLS Listing ID 21789366
Sold Date 12/10/21
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1975
Lot Size 8,276 Sqft
Acres 0.19
Property Description
Price improvement -- Seller Motivated! 2 buildings on side by side lots with modern units all VACANT in the heart of West Hollywood. 6 fully furnished and ready to be rented at full market rents, or great family compound. 2 parcels, 6 units plus a non-conforming one bedroom w/loft (buyer to do their own investigations) for a total of 7 units. 8 parking spaces inside two gated entrances. Penthouse unit is 2 bedroom 2 bath, 1350 square feet with loft and would make a great Owners Unit; fully furnished with modern furnishings, and ready to go. All have washer & dryers, all vacant, pick your own rents and tenants, next to Cedars Sinai and the Pacific Design Center, one block from Melrose and the Robertson Design District. Future upside as both buildings have Tenant In Common paperwork so units can be sold as individual units at any time in the future. Buildings were totally renovated 8 years ago with top quality materials (PVC roofs), very low maintenance, and everything separately metered including water. Incredible investor opportunity to own beautiful modern units in excellent condition with great upside potential.
Location
State CA
County Los Angeles
Area C10 - West Hollywood Vicinity
Zoning WDR1B*
Rooms
Ensuite Laundry Laundry Closet, Stacked
Interior
Laundry Location Laundry Closet,Stacked
Heating Central
Cooling Central Air
Flooring Vinyl
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Disposal, Range, Refrigerator, Range Hood
Laundry Laundry Closet, Stacked
Exterior
Garage Attached Carport, Assigned, Concrete, Covered, Carport, Electric Gate, Gated, Private
Carport Spaces 3
Pool None
Community Features Gated
Amenities Available Controlled Access, Maintenance Grounds, Insurance
View Y/N Yes
View City Lights
Accessibility None
Parking Type Attached Carport, Assigned, Concrete, Covered, Carport, Electric Gate, Gated, Private
Total Parking Spaces 8
Private Pool No
Building
Faces East
Story 2
Entry Level Two
Sewer Sewer Tap Paid
Architectural Style Modern
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled
Others
HOA Fee Include Sewer
Senior Community No
Tax ID 4336005039
Security Features Gated Community,24 Hour Security,Key Card Entry,Smoke Detector(s)
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Will Tiao • The Collective Realty