8997 Keith Avenue , West Hollywood, CA - 90069, West Hollywood CA is for sale :

Call For Appointment to See This Home
Dmitry Litvishkov (310)-709-4920

8997 Keith Avenue , West Hollywood, CA - 90069 is For Sale

Details

Price : $2,100,000

Address : 8997 Keith Avenue

City : West Hollywood

State : CA

Area : C10 - West Hollywood Vicinity

Property Type : Residential Income

Property Style : Spanish

Sq M : 606 M²

Total Units : 4

CAP rate : $4

Gross Operating Income : $120,568

Net Operating Income : $86,038

MLS# : 24381389

Lot Size (Acres) : 0.1498 ac

Property Description

West Hollywood Home For Sale. We are pleased to present a four (4) unit apartment building located at 8997 Keith Avenue in West Hollywood, California. The subject property is situated in a prime West Hollywood location, north of Santa Monica Boulevard and east of N Doheny Drive. Built in 1918, this property contains a great unit mix of two (2) one-bedroom / one-bathroom units and two (2) two-bedroom / two-bathroom units. One (1) one-bedroom unit and one (1) two-bedroom unit have spacious rooftop patios. The units are well-maintained with each unit having in-unit washers and dryers or a dedicated washer and dryer in the laundry room for that specific unit. Equipped with a long gated driveway this complex also offers full on-site parking and a small dedicated laundry room. Tenants will love living just down the street from the Sunset Strip to the north, and Beverly Hills to the west. This pocket allows immediate access to incredible local amenities including the Troubador Theater, Sur Restaurant and Lounge, Soho House, Rocco's, and Insomnia Cookies. Situated in a prime West Hollywood location, this offering presents an excellent opportunity for any investor to capitalize on 30-year fixed residential financing and a seller who is willing to carry a new first loan to acquire a character, Spanish style asset with strong rental upside potential.

Listed By

Marcus & Millichap

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