$4,200,000
$4,750,000
11.6%For more information regarding the value of a property, please contact us for a free consultation.
1323 N Harper AVE N West Hollywood, CA 90046
10,018 Sqft Lot
Key Details
Sold Price $4,200,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SW19042774
Sold Date 05/16/19
HOA Y/N No
Year Built 1951
Annual Tax Amount $6,580
Tax Year 2018
Lot Size 10,018 Sqft
Acres 0.23
Property Description
LOCATION IS A 10 INSIDE THE ALREADY PRESTIGIOUS CITY OF WEST HOLLYWOOD. Neighboring properties have upgraded to produce upscale, premium apartment, town-home and condominium quality rentals, with equally impressive rental income.
First time for sale in 50 years! South of Sunset, North of Fountain, East of Sweetzer, West of Havenhurst.
1323 and 1327 N. Harper and 8200 DeLongpre belong to this especially well located apartment community.
Sits next to upgraded 3 story beautiful apartments with the same motif that rent for up to 5k. Sits across from the gorgeous Isola Bella apartments that rent as high as 8.8k per month!
NOI is $160,743 for 2018
Market NOI is approx. 210k
Value Add NOI is up to you.
See attached Supplements
Seller is MOTIVATED.
Upgraded Electrical Panels and Copper Plumbing.
Location
State CA
County Los Angeles
Area C10 - West Hollywood Vicinity
Zoning WD R-4
Rooms
Ensuite Laundry Common Area, Laundry Room
Interior
Laundry Location Common Area,Laundry Room
Heating Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Common Area, Laundry Room
Exterior
Carport Spaces 9
Total Parking Spaces 15
Building
Story 2
Water Public
Others
Tax ID 5554019008
Acceptable Financing Submit
Listing Terms Submit
Financing Cash,Other
Special Listing Condition Standard
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Bought with Robyn Wonnell • KW Temecula
GUIDE SoCal
Broker | License ID: DRE#01976964