$21,900,000
Active
60 Days Online
2 Beds79 Baths38,688 SQFT
Active

1253 Havenhurst Drive West Hollywood, CA 90046

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Assumable loan of $11, 227, 000 at 3.2% fixed until 5/1/28. The loan has a value of over $1, 350, 000 compared to a new loan at 6.2%. Significant (33%) upside in rents. 12.6 x Gross & 4.9% Cap with existing rents; 9.5 x Gross & 7.6% Cap with rents at market. 6.8% return on down payment at closing; 12.2% return with rents at market. Seller has renovated 50% of the units and common areas at a cost of over $1, 070, 000. Controlled access, pool, gated parking.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site60 Days
  • MLS StatusActive
  • MLS ID Number24371159
  • Home Size Source N/A
  • Year Built1956
  • Lot Size0.6979 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Community Structure
  • Parking Spaces 75
  • Number of Stories 22
  • Acreage 0.6979
  • Zoning WDR4*
  • Listing Conditions Standard

Exterior Features

  • Pool Features Community

Community Features

  • Senior Community No
  • MLS Area C10 - West Hollywood Vicinity

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Monthly Payment (Est.)

$116,796
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