1477 Havenhurst Dr West Hollywood , CA 90046
Active
$4,499,000
2%
8 Units
8 Beds
8 Baths
6,089 Area(sq.ft.)
8,474 Lot Size(sq.ft.)
Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
---|---|---|---|---|---|---|---|
Unit 1 | 8 | 1 | 1 | No | $ 3,000 | $ 3,000 | $ 3,000 |
1 | 8 | 8 | 8 | $ 24,000 | $ 24,000 | $ 24,000 |
MLS #: | 24-463469 |
Days On Market: | 8 |
County: | Los Angeles |
Property Type: | Residential Income |
Price per ft2: | $ 739 |
Price per unit: | $ 562,375 |
Year Built: | 1953 |
Property Details
**A Once-in-a-Lifetime Opportunity to Own a Piece of Hollywood History!** This remarkable property, owned and built by the famous American country artist Leo "Zeke" Manners, was designed by the renowned Mid-Century architect Jack Charney (Sierra Towers). The 8-unit building boasts a storied past, having once been home to legendary figures like Les Paul, who even had a recording studio onsite, Buddy Ebsen, and Marilyn Monroe. Each of the eight large 1-bedroom, 1-bath units features stunning hardwood flooring and beautifully tiled kitchens, offering a blend of historic charm and modern comfort. Nestled next to the world-famous Andalusia Condos and just across the street from the iconic Chateau Marmont Hotel, this property is situated in one of the most desirable locations in Hollywood. Opportunities like this are truly rare don't miss your chance to own a piece of entertainment history! 5 units are vacant giving the building a great upside potential for higher rents!!Interested in this Listing?
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Income Details
Vacancy Rate: | 5% |
Gross Operating Income: | $ 276,450 |
Total Annual Expense: | $ 87,281 |
Net Operating Income: | $ 187,919 |
Gross Annual Income: | $ 276,450 |
Cap Rate: | 4.2% |
Gross Rent Multiplier: | 15.46 |
Actual Gross Rent: | $ 291,000 |
Structure
Type of Units: | 1 bedroom |
Buildings: | 1 |
Levels: | Two |
Security Features: | Automatic Gate, Carbon Monoxide Detector(s), Gated, Smoke Detector |
Style: | Mid-Century |
Sewer: | In Connected and Paid, In Street |
View Description: | None |
Water: | District |
Land & Parking
Zoning: | LAR2 |
Parking Garage: | Carport |
Interior
Cooking Appliances: | Cooktop - Gas |
AC/Cooling: | Window Unit(s) |
Equipment: | Dishwasher, Garbage Disposal, Refrigerator, Range/Oven |
Heating: | Wall, Natural Gas |
Fireplace Rooms: | None |
Interior Features: | None |
Kitchen Features: | Counter Top, Tile Counters |
Laundry: | Community, Room |
Laundry Equipment: | Own |
Patio Features: | Porch |
Exterior
Exterior Construction: | Stucco, Vertical Siding, Wood Siding |
Pool: | No |
Roof: | Flat |
Spa: | No |
Detailed Map
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