Description

PRICE IS FOR TWO SIDE BY SIDE FOUR PLEXES (8 UNITS TOTAL). We are pleased to present a rare opportunity to acquire two side-by- side 4- unit properties, each with its own APN, located in one of the most prestigious pockets of West Hollywood. Operated and lovingly maintained by the same family for over 65 years, these pride-of- ownership assets offer a unique blend of stable in-place income, immediate upside, and long-term development potential. Built in 1939 and 1940, the properties are mid-century gems that reflect the charm, character, and architectural integrity of that era --- an increasingly rare find in today's market. Situated in the heart of vibrant West Hollywood, the properties are just steps from celebrated cafes, high-end retail, and iconic entertainment venues offering residents a true walker's paradise and access to everything the neighborhood is known for. The lots are comprised of two buildings each, and each of those four total buildings house two thoughtfully designed 1-bedroom units with well-laid-out interiors that maximize livability and comfort. The units are flooded with natural light and feature vaulted ceilings, updated kitchens and flooring, and six of the eight include in- unit washer and dryers. All of the units offer a semi-private outdoor space an increasingly rare and desirable amenity. The unit mix is ideally suited for the local tenant base, who value stylish living spaces and pedestrian convenience. With several of the units delivered vacant, a new owner has the rare opportunity to immediately achieve top-of-the-market rental rates. Additional features include six covered parking spaces in detached carports each with an oversized storage cabinet as well as updated electrical systems and pitched roofs. The combined lot size spans an impressive 11,601 square feet and is zoned R2, offering long-term redevelopment potential in one of Los Angeles' most resilient and in-demand rental submarkets.

Facts

| Built in 1939 | Lot Size: 11601.00 sqft | HOA Dues: $0/month

Features