1253 Havenhurst Drive

West Hollywood, CA 90046

$21,900,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $566 / sqft

1956

calendar_month 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.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 1253 Havenhurst Drive
City West Hollywood
State CA
Zip 90046
County Los Angeles
Listing Agent Hamid Soroudi DRE#00708618
Courtesy Of Keller Williams Beverly Hills
MLS 24371159
List Price $21,900,000
Status Active
Type Residential Income
Structure Size N/A
Lot Size 30,399
Year Built 1956
DOM 36

Exterior Information

Maps

Listing information courtesy of: Hamid Soroudi, Keller Williams Beverly Hills . *Based on information from the Association of REALTORS/Multiple Listing as of Apr 23rd, 2024 at 2:54 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.