West Hollywood, CA 90046 1253 Havenhurst Drive

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Presented By: Hamid Soroudi with Keller Williams Beverly Hills;
  • MLS# 24371159
  • 03/20/2024
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  • Beds • 2
  • Baths • 79
  • SQFT • 38,688

Home Details

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.
Presented By: Hamid Soroudi with Keller Williams Beverly Hills;

Interior Features for 1253 Havenhurst Drive

Bedrooms

Total Bedrooms2

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths79

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Street SuffixDrive
Total Stories2

General for 1253 Havenhurst Drive

Additional Parcels Y/NNo
Attached Garage No
Cap Rate4.9
Carport Y/NNo
CityWest Hollywood
Community FeaturesPool
CountyLos Angeles
Days on Market36
DirectionsN. of Santa Monica Blvd., W. of Crescent Heights Blvd.
Garage Y/NNo
Gross Income1737464.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet30399.0
MLS AreaC10 - West Hollywood Vicinity
MobileHomeRemainsYNNo
Net Operating Income1080348.0
New ConstructionNo
Pool FeaturesCommunity
Private PoolNo
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameHavenhurst
Total Units79
View Y/NNo
Waterfront Y/NNo
Year Built1956
ZoningWDR4*

Exterior for 1253 Havenhurst Drive

Building Area Total38688.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.6979
Lot Size Area30399.0
Lot Size UnitsSquareFeet
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesCommunityStructure
SpaNo
Total Parking75.0

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group REALTOR® DRE 02015480
Price $21,900,000
MLS#24371159
List Date 03/20/2024
Property Type Multi-Family
Phone 310.658.1749
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