9001-1/2 Elevado Street

    West Hollywood, CA 90069
    • $1,750,000
    • STATUS: Active Under Contract
    • ON SITE: 83 days
    • MLS #: 18318478
    Under Contract
    UPDATED: 22 min ago
    $1,750,000
    • 5
      BEDS
    • 0.09
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,346
      SQFT
    • $746
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1938
    County:

    School Ratings & Info

    Description

    Presenting this prime property in the Norma Triangle Neighborhood, just steps from Doheny & iconic Sunset Blvd. This is a +/-2,346 SF building on a +/-3,972 SF lot. There are three existing units, one of the 3 may be non-conforming.* There is one 2-bed + 1.5-bath (to be delivered vacant), and two 1-bed + 1-bath (one to be delivered vacant and one rented at $2,120). This is an excellent investment with upside in rents, stable and predictable cash flow, and has the potential of having excellent cash flow. This would also be great for development or for an owner to live in one of the units while collecting rent from the other units. With it's upside potential and location so close to Sunset Blvd and all the high end shops, restaurants, businesses and clubs it will go fast!*Disclosure: Listing broker has not verified if this property is 2 units or 3 units. Broker obtained CoreLogic property profile showing 2 units, 3 units on the property, Rent Stabilization Dept shows 3, buyer to verify

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    ©2018 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hacienda Group Inc. Based on information from the California Desert Association of Realtors as of 2018-05-23T06:37:30.533. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

    Licensed in the State of California, USA
    www.haciendagroupinc.com/homes/81155922

    9001-1/2 Elevado Street West Hollywood, CA 90069

    • Price: $1,750,000
    • Status: Active Under Contract
    • Updated: 22 min ago
    • MLS #: 18318478
    5
    Beds
    0
    Baths
    0
    ½ Baths
    0.09
    Acres
    2,346
    SQFT
    $746
    $/SQFT
    1938
    Built
    Neighborhood:
    West Hollywood Vicin
    County:
    Los Angeles
    Area:
    West Hollywood Vicin
    Property Description
    Presenting this prime property in the Norma Triangle Neighborhood, just steps from Doheny & iconic Sunset Blvd. This is a +/-2,346 SF building on a +/-3,972 SF lot. There are three existing units, one of the 3 may be non-conforming.* There is one 2-bed + 1.5-bath (to be delivered vacant), and two 1-bed + 1-bath (one to be delivered vacant and one rented at $2,120). This is an excellent investment with upside in rents, stable and predictable cash flow, and has the potential of having excellent cash flow. This would also be great for development or for an owner to live in one of the units while collecting rent from the other units. With it's upside potential and location so close to Sunset Blvd and all the high end shops, restaurants, businesses and clubs it will go fast!*Disclosure: Listing broker has not verified if this property is 2 units or 3 units. Broker obtained CoreLogic property profile showing 2 units, 3 units on the property, Rent Stabilization Dept shows 3, buyer to verify
    Exterior Features

    Carport Or Covered Spaces 0 Pool No Total Other Spaces 0 Total Parking Spaces 2

    Interior Features

    Avg Sq Ft Studio 0 Avg Sq Ft1 Bedroom 0 Avg Sq Ft2 Bedroom 0 Avg Sq Ft3 Bedroom 0 Bathrooms 4.00 Heating Type Other

    Property Features

    Act Total Rent 0.00 Adj Gross Income 103440.00 Annual Gross Rent 0.00 Annual Land Lease Amount 0.00 Disclosures Property As IsRent Control Green Year Certified 0 Gross Annual Income 0.00 Gross Operating Inc 100337.00 Gross Schedule Inc 0.00 Lot Size Source (Other) MLS Claw Mls Monthly Gross Income 0.00 Net Operating Inc 69228.00 Number Of Buildings 2 Operating Expenses 0.00 Property Subtype Residential Income Realtor Association Palm Springs Assocation Of Realtors Sale Type Standard Sale Square Footage Source Other Tax Rate 0.00 Total Annual Op Exp 31109.00 Total Taxes 0.00

    Listing information © 2018 California Desert Association of Realtors.
    Listing provided courtesy of Marcie Graham of Mg Realty Investment, Inc..
    ©2018 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hacienda Group Inc. Based on information from the California Desert Association of Realtors as of 2018-05-23T06:37:30.533. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

    Licensed in the State of California, USA
     
    Hacienda Group Inc
    77935 Calle Tampico # 201
    La Quinta CA, 92253