$6,500,000
$6,950,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
1316 Havenhurst Drive West Hollywood, CA 90046
17,374 SqFt
Key Details
Sold Price $6,500,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 17,374 sqft
Price per Sqft $374
MLS Listing ID CL23331565
Sold Date 08/20/24
HOA Y/N No
Year Built 1942
Lot Size 0.357 Acres
Acres 0.36
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
Location
State CA
County Los Angeles
Area Listing
Zoning WDR4
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 5554008008
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© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with JaredBattat