$5,000,000
$4,995,000
0.1%For more information regarding the value of a property, please contact us for a free consultation.
501 N San Vicente Blvd West Hollywood, CA 90048
11 Beds
11 Baths
5,570 SqFt
Key Details
Sold Price $5,000,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,570 sqft
Price per Sqft $897
MLS Listing ID 21-789366
Sold Date 12/10/21
Style Modern
Bedrooms 11
Construction Status Updated/Remodeled
Year Built 1975
Lot Size 8,348 Sqft
Acres 0.1916
Property Sub-Type Multi-Family
Property Description
Price improvement -- Seller Motivated! 2 buildings on side by side lots with modern units all VACANT in the heart of West Hollywood. 6 fully furnished and ready to be rented at full market rents, or great family compound. 2 parcels, 6 units plus a non-conforming one bedroom w/loft (buyer to do their own investigations) for a total of 7 units. 8 parking spaces inside two gated entrances. Penthouse unit is 2 bedroom 2 bath, 1350 square feet with loft and would make a great Owners Unit; fully furnished with modern furnishings, and ready to go. All have washer & dryers, all vacant, pick your own rents and tenants, next to Cedars Sinai and the Pacific Design Center, one block from Melrose and the Robertson Design District. Future upside as both buildings have Tenant In Common paperwork so units can be sold as individual units at any time in the future. Buildings were totally renovated 8 years ago with top quality materials (PVC roofs), very low maintenance, and everything separately metered including water. Incredible investor opportunity to own beautiful modern units in excellent condition with great upside potential.
Location
State CA
County Los Angeles
Area West Hollywood Vicinity
Building/Complex Name The San Vicente
Zoning WDR1B*
Rooms
Other Rooms None
Dining Room 1
Kitchen Remodeled, Open to Family Room, Stone Counters
Interior
Interior Features Built-Ins, Turnkey, Common Walls, Drywall Walls
Heating Central
Cooling Central
Flooring Vinyl
Fireplaces Type None
Equipment Stackable W/D Hookup, Range/Oven, Garbage Disposal, Dishwasher, Hood Fan, Refrigerator, Built-Ins
Laundry In Unit, In Closet
Exterior
Parking Features Carport, Assigned, Auto Driveway Gate, Gated, Carport Attached, Covered Parking, Driveway - Concrete, Private
Garage Spaces 8.0
Pool None
Amenities Available Controlled Access, Assoc Maintains Landscape
Waterfront Description None
View Y/N Yes
View City
Roof Type Flat
Handicap Access None
Building
Lot Description Single Lot, Fenced, Exterior Security Lights, Automatic Gate
Story 2
Sewer In Connected and Paid
Water District, Meter on Property
Architectural Style Modern
Level or Stories Two
Structure Type Stucco
Construction Status Updated/Remodeled
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with The Collective Realty
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