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1253 Havenhurst Drive, West Hollywood, CA 90046 (MLS # 24371159)

Price $21,900,000
Status Active
Beds 2
Baths 79 Baths
Home size 38,688 sqft
Lot Size 30,401 sqft
Days on Market 40
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 Type(s): Residential Income
Last Updated 3/22/2024 Year Built 1956
Community West Hollywood Vicinity County Los Angeles

Additional Details

AREA West Hollywood Vicinity
BUYER'S BROKERAGE COMPENSATION 1.250 %
GARAGE Community Structure
LOT 0.7 acre(s)
PARKING Community Structure
POOL Yes
POOL DESCRIPTION Community
STORIES 2
ZONING WDR4*

Location

 

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Listed with Keller Williams Beverly Hills

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