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$66,750,000
1354 N Harper Ave, West Hollywood, CA 90046
0 Beds
0 Baths
n/a sqft

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The Los Angeles Multifamily Portfolio, a five property investment opportunity in Los Angeles, California. The offering is being marketed as a portfolio; however, an investor could purchase one or more buildings individually. Each building is unique and located in a different submarket of Los Angeles including Koreatown, Pico-Robertson, Downtown, Miracle Mile and West Hollywood.5-BUILDING MULTIFAMILY OPPORTUNITY WITHIN HIGH-GROWTH LOS ANGELES SUBMARKETS 5-building multifamily portfolio totaling 180 units in Koreatown, Pico-Robertson, Downtown, Miracle Mile and West Hollywood. Each asset is unique within the portfolio including value-add, turnkey and redevelopment offerings. Despite recent upgrades, all assets can undergo further renovations to achieve market rents. PORTFOLIO INCLUDES ART DECO-STYLE ARCHITECTURE, MILLS ACT TAX BREAKS, AND LUXURY EXEMPTION FROM THE RENT STABILIZATION ORDINANCE. (Properties also available for individual sale)
  • Price:
  • $66,750,000
  • Acreage:
  • 0.34
  • Year Built:
  • 1930
  • Listing ID #:
  • 20617508
  • Street Address:
  • 1354 N Harper Ave
  • City:
  • West Hollywood
  • State:
  • California
  • Postal Code:
  • 90046
  • County:
  • Los Angeles
  • Community:
  • West Hollywood Vicinity
  • Listing Status:
  • Active
  • Number Of Units:
  • 180
  • Stories:
  • 4
  • Total # Of Buildings:
  • 5
  • Year Built:
  • 1930
  • Expenses:
  • 1241243.00
  • Gross Income:
  • 5165700.00
  • Net Operating Income:
  • 2280797.00
  • Conforms To Zoning:
  • Wdr4*
  • Lot Square Footage:
  • 70261.00
  • Days On Market:
  • 105
  • Laundry:
  • 1
  • Laundry Description:
  • Community
  • Appliances:
  • Disposal, Refrigerator
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Neema Ahadian of Marcus & Millichap (: 01346750)
  • CRMLS