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    935 Hancock Ave

    West Hollywood, CA 90069
    • $2,195,000
    • STATUS: Active
    • ON SITE: 311 days
    • MLS #: 19-531280
    UPDATED: 66 min ago
    $2,195,000
    • 6
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,592
      SQFT
    • $847
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1946
    County:

    School Ratings & Info

    Description

    INCREASED INCOME! 3.28 CAP RATE. 935 Hancock Avenue is a 6 unit apartment building located in the coveted community of West Hollywood. This marks the first time the property has been available for purchase on the open market. All units are 1+1, have great floor plans, crown moldings, hardwood floors, and vintage charm. The buildings is conveniently located steps from the best fine dining and entertainment venues of vibrant Santa Monica Blvd. Priced at a 13.86 GRM and a 5.12 CAP at market rents. 935 Hancock is situated on a favorably zoned lot, which presents a great 6-unit development opportunity (Buyer to verify).

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-26T18:42:26.897. 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 or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.haciendagroupinc.com/homes/101133573
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    935 Hancock Ave West Hollywood, CA 90069

    • Price: $2,195,000
    • Status: Active
    • Updated: 66 min ago
    • MLS #: 19-531280
    6
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2,592
    SQFT
    $847
    $/SQFT
    1946
    Built
    Neighborhood:
    West Hollywood Vicinity
    County:
    Los Angeles
    Area:
    West Hollywood Vicinity
    Property Description
    INCREASED INCOME! 3.28 CAP RATE. 935 Hancock Avenue is a 6 unit apartment building located in the coveted community of West Hollywood. This marks the first time the property has been available for purchase on the open market. All units are 1+1, have great floor plans, crown moldings, hardwood floors, and vintage charm. The buildings is conveniently located steps from the best fine dining and entertainment venues of vibrant Santa Monica Blvd. Priced at a 13.86 GRM and a 5.12 CAP at market rents. 935 Hancock is situated on a favorably zoned lot, which presents a great 6-unit development opportunity (Buyer to verify).
    Exterior Features

    Lot Size Area 5849 Other Structures None Parking Garage Other Total Parking 0

    Interior Features

    Baths Total 6.00 Cooling Other Equipment Other Heating Other

    Property Features

    Gross Income 114227 Gross Operating Income 110800 Like Units1 6 Net Operating Income 72093.00 Number Of Buildings 3 Number Of Units 6 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Assessor Total Annual Expense 38708 Type Of Units 1S Year Built Source Assessor Zoning Wdr4*

    Listing provided courtesy of Jonathan Taksa DRE#01366169 of Remax Commercial And Investment Realty.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-26T18:42:26.897. 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 or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Hacienda Agency Inc
    77935 Calle Tampico # 201
    La Quinta CA, 92253