Address
920 Westbourne Drive West Hollywood, CA
Price
$ 3,995,000
Property Attributes
  • MLS#20613336
  • TypeIncome
  • CountyLOS ANGELES
  • CityWest Hollywood
  • AreaWest Hollywood Vicinity
  • Zip90069
  • Style
  • Price$ 3,995,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size6,534 SqFt
Listing Provided Courtesy Of:
Roderick 'Rick' Raymundo with Marcus & Millichap.
Property Description

Situated just three blocks from the world-renowned Sunset Strip, the property sits among numerous upscale hotels and famous fine dining locations. A new investor can enjoy the attractive initial 4.30% CAP rate while also capitalizing on the opportunity to continually improve the income to capture the approximately 21% rentupside.Helping the building to attract tenants are the numerous interior upgrades and amenities. The spacious apartments feature in-unit washer/dryers, stainless steel appliances, quartz countertops, recessed lighting, wood flooring, and fully remodeled bathrooms.Located north of Santa Monica Boulevard, between San Vicente Boulevard and La Cienega Boulevard, the property lies within the historic Norma Triangle, one of the most prestigious neighborhoods in West Hollywood. Tenants enjoy the buildings proximity to desirable shopping and dining establishments, as evidenced by its Walk Score of 96.

Price History
8/4/2020 Listed $3,995,000

General Features

Directions We are pleased to announce the sale of 920 Westbourne Drive, a 10-unit multifamily property situated in the high-end Norma Triangle neighborhood of West Hollywood, CA.
Listing Agent Roderick 'Rick' Raymundo - BRE#01357019
Listing Agent State License 01357019
MLS Area C10 - West Hollywood Vicinity
Special Listing Conditions Standard
Total Units 10
Zoning WDR3C*

Exterior Features

Lot Dimensions 45x166
Lot Size Acres 0.1500
Lot Size Area 6921.0000
Lot Size Source Estimated
Lot Size Square Feet 6921.00
Lot Size Units Square Feet
Number of Buildings 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90069

Price
AVG $3.29M
$4M
Visits
AVG 22
100
Year Built
AVG 1963
1955
Walkscore
AVG 87
96
Data Provided by Walkscore ® not using MLS data

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