866 Hilldale Avenue West Hollywood, CA $ 3,899,000
866 Hilldale Avenue
$ 3,899,000
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866 Hilldale Avenue

West Hollywood, CA, 90069
$ 3,899,000
Bedrooms12 Baths8.0 Sq 7,782

Monthly Estimate*

$ 27,236

Listed by Keller Williams Beverly Hills
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Multi-Family Home for sale in West Hollywood, CA

for $3,899,000 with 12 bedrooms and 8 full baths. This 7,782 square foot home was built in 1957 on a lot size of 0.1646.

REDUCED! We are proud to exclusively present for sale a lovingly maintained 8 Unit Apartment Building in an A+ West Hollywood location sandwiched between Santa Monica Blvd. and the Sunset Strip! The Building boasts large units, each with a parking space. The area has Permit Parking to benefit multi-car households. This building does not keep vacancies for long. Ownership is keeping a vacant unit to facilitate showings. With the neighborhood being as desirable as they get, Walk Score calls this location a Walker's Paradise! A skip and a hop to dining, nightlife, shopping and just about anything that a tenant may want, the property also sits north of West Hollywood Park, with a swimming pool, tennis courts, dog park and library. Steps to The Abbey, Bottega Louie, Rocco's, Pavilions Supermarket, Fiesta Cantina, Tender Greens, Whisky A Go Go, Rainbow Bar & Grill, The Roxy Theatrecome to WeHo and have no reason to leave!Management has updated the building's plumbing, electrical, stucco, appliances and much more. Some units have washers and dryers. Ownership will cooperate with any Buyer interested in the existing Assumable Loan ($2.3m @ 5.35% interest only). All newer tenants except for one long-term, low paying tenant with no plans to move out. The building features gated parking with coded entry and security cameras.

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Multi-Family Active

Price

$ 3,899,000

Bedrooms

12

Full Bath

8

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1646

Year Built

1957

Town/City

West Hollywood

County/Region

Los Angeles

MLS | Web ID

23335173

Days on Market

161

Features
General
Heating Central
Cooling CentralAir
Zoning WDR3A*
Year Built 1957
Stories 2
Levels Two
Gross Income 285957.0
County Los Angeles
Net Operating Income 192548.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status ActiveUnderContract
Directions Just West of San Vicente Blvd. Between Santa Monica Blvd. and Sunset Blvd.
City West Hollywood
Disclosures RentControl
View Y/N N
Senior Community Y/N N
Total Units 8
MLS Area C10 - West Hollywood Vicinity
Lot Size Square Feet 7172.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Hilldale
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 154
Standard Status ActiveUnderContract
Cap Rate 4.94
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Exterior
Parking Features Gated
Total Parking 8.0
Lot Size Area 7172.0
Number of Buildings 1
Spa N
Building Area Total 7782.0
Lot Size Acres 0.1646
Lot Size Units SquareFeet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Avenue
Total Bedrooms 12
Electric On Property Y/N N
Total Baths 8
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Internal Only
Street Number 1 866
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* Excluded Features
List By
Keller Williams Beverly Hills

Broker

(424) 600-7633

Phone

Affordability Calculator

$27,236
Per Month
100%
0%
0%
Monthly Principal & Interest
$27,236
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/15/2024$3,899,000 -2.28% Price Down
11/28/2023$3,990,000 Listed Price

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866 Hilldale Avenue, West Hollywood, CA, 90069 is a Multi-Family Home for sale at $3,899,000 with 7,782 sqft and a lot size of 0.1646. 866 Hilldale Avenue has 12 bedrooms, 8.0 baths, and was built in 1957. The property's zip code is 90069 which is in West Hollywood, CA