West Hollywood, CA 90046 1253 Havenhurst Drive
$21,900,000
4 more
Presented By: Hamid Soroudi with Keller Williams Beverly Hills
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
Street SuffixDrive
Total Stories2
General for 1253 Havenhurst Drive
Buyer Agent Compensation1.250
Buyer Agent Compensation Type%
Cap Rate4.9
CityWest Hollywood
Community FeaturesPool
CountyLos Angeles
Days on Market36
DirectionsN. of Santa Monica Blvd., W. of Crescent Heights Blvd.
Gross Income1737464
HOA / Comm AssnNo
LevelsTwo
Lot Size Square Feet30399
MLS AreaC10 - West Hollywood Vicinity
Net Operating Income1080348
New ConstructionNo
Pool FeaturesCommunity
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
Standard StatusActive
StatusActive
Stories2
Street NameHavenhurst
Total Units79
Year Built1956
ZoningWDR4*
Exterior for 1253 Havenhurst Drive
Building Area Total38688
Lot Size Acres0.6979
Lot Size Area30399
Lot Size UnitsSquare Feet
Number of Buildings1
Parking FeaturesCommunity Structure
Total Parking75
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480