345 Huntley Drive West Hollywood, CA $ 1,925,000
345 Huntley Drive
$ 1,925,000
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345 Huntley Drive

West Hollywood, CA, 90048
$ 1,925,000
Bedrooms4 Baths4.0 Sq 1,997

Monthly Estimate*

$ 13,447

Listed by Marcus & Millichap
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Multi-Family Home for sale in West Hollywood, CA

for $1,925,000 with 4 bedrooms and 4 full baths. This 1,997 square foot home was built in 1923 on a lot size of 0.1396.

We are pleased to present a four (4) unit apartment building located at 345 Huntley Drive in West Hollywood, California. The subject property is situated in a prime West Hollywood location, north of Beverly Boulevard and east of N San Vicente Boulevard. Built in 1923, this property contains an easy unit mix spread across two (2) detached buildings consisting of two (2) studio / one-bathroom units in one building and two (2) one-bedroom / one-bathroom units in the other. The property will be delivered with two (2) vacant units, allowing for the option to execute on existing plans to add a two-bedroom / two and a half-bathroom ADU unit to one of the garage parking spaces on the first story of the back building. The plans also detail a renovation to the second story one-bedroom units, adding living space and covered patios while maintaining covered parking on the right side of the building. Tenants will love living in a quiet residential corridor only one block away from Beverly Center. Being down the street from Cedars-Sinai affords the property a consistent young professional renter demographic. Situated in a prime West Hollywood location, this offering presents an excellent opportunity for any investor to capitalize on 30-year fixed residential financing to acquire a character asset with an option to add an ADU and remodel existing one-bedroom units in one of the most coveted markets of Los Angeles.

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Multi-Family Pending

Price

$ 1,925,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Spanish

Lot Size

0.1396

Year Built

1923

Town/City

West Hollywood

County/Region

Los Angeles

MLS | Web ID

24370057

Days on Market

47

Features
General
Heating WallFurnace
Possession CloseOfEscrow
Zoning WDR1B*
Patio/Porch Features FrontPorch Open Patio
Architectural Style Spanish
Pool Features None
Year Built 1923
View CityLights
Stories 2
Levels Two
Gross Income 144000.0
County Los Angeles
Net Operating Income 105255.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Pending
Directions The subject property is situated in a prime West Hollywood location north of Beverly Boulevard and east of N San Vicente Boulevard.
City West Hollywood
View Y/N Y
Senior Community Y/N N
Open Parking Spaces 2.0
Total Units 4
MLS Area C10 - West Hollywood Vicinity
Lot Size Square Feet 6082.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Huntley
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Property Condition AdditionsAlterations Fixer
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 23
Standard Status Pending
Occupancy Description Vacant
Cap Rate 5.47
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Exterior
Parking Features Covered OneSpace Uncovered
Lot Features Landscaped Secluded
Total Parking 6.0
Lot Size Area 6082.0
Number of Buildings 2
Spa N
Building Area Total 1997.0
Lot Size Acres 0.1396
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 N
Heating Y/N Y
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Drive
Total Bedrooms 4
Electric On Property Y/N N
Total Baths 4
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Internal Only
Street Number 1 345
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* Excluded Features
List By
Marcus & Millichap

Broker

(818) 212-2735

Phone

Affordability Calculator

$13,447
Per Month
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Monthly Principal & Interest
$13,447
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
3/19/2024$1,925,000 Listed Price

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345 Huntley Drive, West Hollywood, CA, 90048 is a Multi-Family Home for sale at $1,925,000 with 1,997 sqft and a lot size of 0.1396. 345 Huntley Drive has 4 bedrooms, 4.0 baths, and was built in 1923. The property's zip code is 90048 which is in West Hollywood, CA