958 Hancock Avenue West Hollywood, CA ^$ 650,000

958 Hancock Avenue

^$ 650,000

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Adult Community

958 Hancock Avenue

West Hollywood, CA, 90069

^$ 650,000

Bedrooms6 Baths3.0 Sq 2,477

Monthly Estimate*

^$ 4,540

Listed by James F. Gilb

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958 Hancock Avenue, West Hollywood, CA 90069 - Image 15

Multi-Family Home for sale in West Hollywood, CA

for $650,000 with 6 bedrooms and 3 full baths. This 2,477 square foot home was built in 1929 on a lot size of 0.1369.

This building is specifically intended for Very-Low, Low & Moderate-income tenants only. Rentals are subject to a covenant agreement with the City of West Hollywood that runs through 2058. Property is protected by the Mills Act. Historic Firehouse structure that was converted to residential use in the early 2000's. Unit interiors are large and pleasant, (some with hard wood floors) high ceilings and nicely appointed kitchens and baths. The subject property sits in prime West Hollywood and is just a short distance from the world famous Sunset Strip! This is ground zero for entertainment, legal, financial, educational, health care, governmental & restaurant services jobs. Close to all that Los Angeles has to offer including theaters, dining, world renown night clubs and bars and world class retail shopping districts. This is one of the most coveted rental markets in all of Los Angeles and the diverse and progressive tenant base adds to the locations allure.

Multi-Family Active

Price

^$ 650,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Tudor

Lot Size

0.1369

Year Built

1929

Town/City

West Hollywood

County/Region

Los Angeles

MLS | Web ID

23342085

Days on Market

117

Features

General

Heating Central

Cooling CentralAir

Possession CloseOfEscrow

Roof Composition Shingle

Appliances Dishwasher Disposal

Zoning WDR4*

Patio/Porch Features None

Architectural Style Tudor

Pool Features None

Construction Materials Brick

Year Built 1929

Tenant Pays Electricity Gas

View None

Stories 1

Levels One

Gross Income 36269.0

County Los Angeles

Net Operating Income 23373.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Facing Direction West

Garage Y/N N

Special Listing Conditions Standard

Status Active

Buyer Financing Cash

Directions On the west side of Hancock Ave north of Santa Monica Blvd south of Holloway Drive and 3 blocks west of La Cienega Blvd

City West Hollywood

Disclosures ListingBrokerAdvantage

View Y/N N

Senior Community Y/N Y

Total Units 3

MLS Area C10 - West Hollywood Vicinity

Lot Size Square Feet 5963.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Hancock

Spa Features None

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 103

Standard Status Active

Year Built Source Assessor

Exterior

Parking Features None

Water Source Public

Total Parking 0.0

Lot Size Area 5963.0

Number of Buildings 1

Spa N

Building Area Total 2477.0

Lot Dimensions 50x120

Lot Size Acres 0.1369

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Gas Meters 3

Number of Separate Electric Meters 3

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

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

Laundry Features LaundryRoom

Total Bedrooms 6

Electric On Property Y/N N

Total Baths 3

Internal Only

Street Number 1 958

* Excluded Features

List By

James F. Gilb

Broker

(213) 866-9802

Phone

Affordability Calculator

$4,540

Per Month

Monthly Principal & Interest: $4,540
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

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

Trends
Schools

Multi-family listings in West Hollywood, CA

Average List Price ^$3,636,849

Percent of Sale Price 460%

About West Hollywood, CA

35,971 Population

1% Since 2002

^$69,697 Median Income

43.33 Median Age

4% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/26/2024	$650,000	-43.48%	Price Down
2/6/2024	$1,150,000	-20.63%	Price Down
1/4/2024	$1,449,000		Listed Price

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958 Hancock Avenue, West Hollywood, CA, 90069 is a Multi-Family Home for sale at $650,000 with 2,477 sqft and a lot size of 0.1369. 958 Hancock Avenue has 6 bedrooms, 3.0 baths, and was built in 1929. The property's zip code is 90069 which is in West Hollywood, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/29/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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958 Hancock Avenue

Multi-Family Home for sale in West Hollywood, CA

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