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$4,000,000
Est. payment /mo
0.29 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25580995
HOA Y/N No
Year Built 1959
Lot Size 0.290 Acres
Property Description
Contact Broker for OM. 1023-1027 N Sierra Bonita Ave, West Hollywood, CA 90046 (the "Property") is a classic vintage multi family building. The Property consists of 14 units totaling approximately 12,018 SF on 0.29 acre (12,630 SF) parcels of land. The Property comprises 14 units: (8) 1 bedroom 1 bath units, (2) 2 bedroom and 1 bath units, and (4) 2 bedroom and 2 bath units. Two of the units have private and secluded patio front yard areas. This is an excellent investment with immediate cash flow. Moreover, it is offered with attractive 4% assumable financing. This offering provides the rare opportunity to acquire a multi family leased investment in one of the most sought-after markets in the United States. Nestled just steps away from the prime strip of the bustling Santa Monica Boulevard, the Property affords excellent proximity to iconic entertainment, dining, and retail establishments. Santa Monica Blvd is a major thoroughfare and boasts several national retailers and artisan stores, providing easy access to neighborhood amenities for the area's residents. The Property boasts a walk score of 92/100, so most errands can be accomplished on foot. Rarely does an investor have the chance to acquire a multi-family property of such distinction in a prime Los Angeles location. Attractively offered at $4,000,000, 1023-1027 N Sierra Bonita Ave is more than just a property; it's a generational investment opportunity in one of Los Angeles' most desirable neighborhoods. This exclusive offering promises unparalleled potential and long-term appreciation. Don't miss this exclusive opportunity.
Location
State CA
County Los Angeles
Area C10 - West Hollywood Vicinity
Zoning WDR3C*
Interior
Fireplace No
Laundry Common Area
Exterior
Total Parking Spaces 13
Building
Story 2
Others
Tax ID 5530018021
Special Listing Condition Standard
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Listed by Jeff Selick Oakmore Inc