1253 Havenhurst Drive West Hollywood, CA ^$ 21,900,000

1253 Havenhurst Drive

^$ 21,900,000

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1253 Havenhurst Drive

West Hollywood, CA, 90046

^$ 21,900,000

Bedrooms2 Baths79.0 Sq 38,688

Monthly Estimate*

^$ 152,978

Listed by Keller Williams Beverly Hills

1253 Havenhurst Drive, West Hollywood, CA 90046 - Image 1

1253 Havenhurst Drive, West Hollywood, CA 90046 - Image 2

1253 Havenhurst Drive, West Hollywood, CA 90046 - Image 3

1253 Havenhurst Drive, West Hollywood, CA 90046 - Image 4

1253 Havenhurst Drive, West Hollywood, CA 90046 - Image 5

1253 Havenhurst Drive, West Hollywood, CA 90046 - Image 6

1253 Havenhurst Drive, West Hollywood, CA 90046 - Image 7

1253 Havenhurst Drive, West Hollywood, CA 90046 - Image 8

1253 Havenhurst Drive, West Hollywood, CA 90046 - Image 9

Multi-Family Home for sale in West Hollywood, CA

for $21,900,000 with 2 bedrooms and 79 full baths. This 38,688 square foot home was built in 1956 on a lot size of 0.6979.

Assumable loan of $11,227,000 at 3.2% fixed until 5/1/28. The loan has a value of over $1,350,000 compared to a new loan at 6.2%. Significant (33%) upside in rents. 12.6 x Gross & 4.9% Cap with existing rents; 9.5 x Gross & 7.6% Cap with rents at market. 6.8% return on down payment at closing; 12.2% return with rents at market. Seller has renovated 50% of the units and common areas at a cost of over $1,070,000. Controlled access, pool, gated parking.

Multi-Family Active

Price

^$ 21,900,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.6979

Year Built

1956

Town/City

West Hollywood

County/Region

Los Angeles

MLS | Web ID

24371159

Days on Market

Features

General

Zoning WDR4*

Pool Features Community

Year Built 1956

Stories 2

Levels Two

Gross Income 1737464.0

Community Features Pool

County Los Angeles

Net Operating Income 1080348.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions N. of Santa Monica Blvd. W. of Crescent Heights Blvd.

City West Hollywood

View Y/N N

Senior Community Y/N N

Total Units 79

MLS Area C10 - West Hollywood Vicinity

Lot Size Square Feet 30399.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Havenhurst

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 36

Standard Status Active

Cap Rate 4.9

Exterior

Parking Features CommunityStructure

Total Parking 75.0

Lot Size Area 30399.0

Number of Buildings 1

Spa N

Building Area Total 38688.0

Lot Size Acres 0.6979

Lot Size Units SquareFeet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Drive

Total Bedrooms 2

Electric On Property Y/N N

Total Baths 79

Internal Only

Street Number 1 1253

* Excluded Features

List By

Keller Williams Beverly Hills

Broker

(310) 432-6547

Phone

Affordability Calculator

$152,978

Per Month

Monthly Principal & Interest: $152,978
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 ^$3,639,863

Percent of Sale Price 83%

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
3/21/2024	$21,900,000		Listed Price

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1253 Havenhurst Drive, West Hollywood, CA, 90046 is a Multi-Family Home for sale at $21,900,000 with 38,688 sqft and a lot size of 0.6979. 1253 Havenhurst Drive has 2 bedrooms, 79.0 baths, and was built in 1956. The property's zip code is 90046 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 4/27/2024. 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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1253 Havenhurst Drive

Multi-Family Home for sale in West Hollywood, CA

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