Skip To Content

1316 Havenhurst Drive

West Hollywood, CA 90046
  • $6,950,000
  • STATUS: Active Under Contract
  • ON SITE: 160 Days
  • ID#: 23331565
Under Contract
$6,950,000
  • 28
    BEDS
  • 0.36
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 17,374
    SQFT
  • $400
    $/SQFT
Type:
Multi-Family
Built:
1942
County:

School Ratings & Info

Listing Agent(s): Hamid Soroudi of Keller Williams Beverly Hills (310-432-6400) and Jared Battat of Keller Williams Beverly Hills(310-432-6400)


Description

Assume $3,529,000 loan at 3.2% fixed until 5/1/28. Prime West Hollywood. 100% occupied. Significant (42%) upside in rents. 12.6 x Gross & 4.7% Cap with existing rents; 8.9 x Gross & 7.8% Cap with rents at market. 6.3% return on down payment at closing; 12.7% return with rents at market

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-21T12:21:09.123. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or COMPASS. Licensed in the State of California, USA.
www.reiferhomes.com/homes/145238011
Print Image

1316 Havenhurst Drive West Hollywood, CA 90046

  • Price: $6,950,000
  • Status: Active Under Contract
  • On Site: 160 Days
  • ID#: 23331565
28
Beds
0
Baths
0
½ Baths
0.36
Acres
17,374
SQFT
$400
$/SQFT
1942
Built
Neighborhood:
C10 - West Hollywood Vicinity
County:
Los Angeles
Area:
C10 - West Hollywood Vicinity
Property Description
Assume $3,529,000 loan at 3.2% fixed until 5/1/28. Prime West Hollywood. 100% occupied. Significant (42%) upside in rents. 12.6 x Gross & 4.7% Cap with existing rents; 8.9 x Gross & 7.8% Cap with rents at market. 6.3% return on down payment at closing; 12.7% return with rents at market
Exterior Features

Parking Features None Parking Total 0

Property Features

Association YN No Cap Rate 4.7 Gross Income 550949 Levels Two Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 326262 New Construction YN No Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning WDR4*



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-21T12:21:09.123. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or COMPASS. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_2_372151199-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_2_372151199-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_2_372151199-2.jpg
Logo
COMPASS
6930 Indiana Ave, Suite 1
Riverside CA, 92506
Listing Agent(s): Hamid Soroudi of Keller Williams Beverly Hills (310-432-6400) and Jared Battat of Keller Williams Beverly Hills(310-432-6400)