Homes For Sale In California

$21,900,000
2 Bed
38,688 Sqft
30,399 Sqft Lot
Visits : 30 In 60 Days

1253 Havenhurst Drive, West Hollywood, California 90046

  • Residential Income Property Type
  • 36 Days Time On Market
  • 38,688 Sqft Square Footage
  • 75 Cars Garage
  • 1956 Year Built
Property Description

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.

Basic Details
Residential Income
For Sale
24371159
$21,900,000
2
38,688 Sqft
1956
30,399 Sqft
Active
Features
: Community
: 75
: Pool
: Community Structure
$0
Address Map
California
Los Angeles
West Hollywood
90046
1253 Havenhurst Drive
0
W119° 37' 55.8''
N34° 5' 36''
Additional Info
$0
79
38,688 Sqft
$0
4.9
36
$0
$0
5554016006
: Standard
2
$0
WDR4*
$0
No
No
No
No
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