358 N San Vicente Blvd West Hollywood , CA 90048
Active
$2,350,000
4 Units
5 Beds
5 Baths
3,300 Area(sq.ft.)
5,417 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 1.50 | No | $ 3,280 | $ 3,280 | $ 3,750 |
| Unit 2 | 1 | 2 | 1 | No | $ 2,650 | $ 2,650 | $ 3,500 |
| Unit 3 | 1 | 1 | 1 | No | $ 1,895 | $ 1,895 | $ 2,250 |
| Unit 4 | 1 | studio | 1 | No | $ 1,636 | $ 1,636 | $ 2,000 |
| 4 | 4 | 5 | 5 | $ 9,461 | $ 9,461 | $ 11,500 |
| MLS #: | 24-466487 |
| Days On Market: | 8 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 712 |
| Price per unit: | $ 587,500 |
| Year Built: | 1922 |
Property Details
Attention Developers and Principals! Don't miss this unique chance to create your dream home or enhance a high-potential property in one of West Hollywood's most sought-after neighborhoods.This unique four-plex is perfect for investors seeking a development project or an owner-user looking for an easy investment. The property features a well-balanced mix of units across two separate structures, including a charming detached 2-bedroom, 1.5-bathroom single-family residence style unit. Two of the four units have been recently remodeled, and with professional management already in place, this property is not only an excellent investment but also offers hassle-free ownership. Located just steps away from the finest shops and restaurants, you'll enjoy the vibrant lifestyle that West Hollywood has to offer.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | Yes |
| Gross Operating Income: | $ 113,532 |
| Total Annual Expense: | $ 48,739 |
| Net Operating Income: | $ 61,387 |
| Gross Annual Income: | $ 113,532 |
| Gross Rent Multiplier: | 17.03 |
Structure
| Type of Units: | Apartment |
| Buildings: | 2 |
| Levels: | Two, One |
| Sewer: | In Street |
| View Description: | None |
Land & Parking
| Zoning: | WDR1B* |
| Parking Garage: | None |
Interior
| Cooking Appliances: | Microwave, Oven, Built-Ins |
| AC/Cooling: | Central, Wall/Window |
| Equipment: | Built-Ins, Garbage Disposal, Microwave, Dishwasher, Range/Oven |
| Heating: | Central, Wall |
| Laundry: | None |
Exterior
| Exterior Construction: | Stucco, Wood Siding |
| Pool: | No |
| Roof: | Composition, Flat, Shingle |
| Spa: | No |
Detailed Map
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