1253 Havenhurst Drive, West Hollywood, CA 90046
-
Listed Price :
$21,900,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
1956
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 |
List Price |
$21,900,000 |
Status |
Active |
Type |
Residential Income |
Structure Size |
N/A |
Lot Size |
30,399 |
Year Built |
1956 |
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.