1253 Havenhurst Drive, West Hollywood

$21,900,000

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0 Bed
1 Bath
38,688 Sqft
.7 Acre
0 Garage

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.

Essential Information

MLS® #
24371159
Price
$21,900,000
Bathrooms
1.00
Square Footage
38,688
Acres
0.70
Year Built
1956
Type
Residential Income
Status
Active

Community Information

Address
1253 Havenhurst Drive
Area
C10 - West Hollywood Vicinity
City
West Hollywood
County
Los Angeles
Zip Code
90046
Community Features
Pool
Senior Community
N

Amenities

Parking Spaces
75
Parking
Community Structure
Garages
Community Structure
Has Pool
Yes
Pool
Community

Interior

# of Stories
2
Stories
Two

Additional Information

Date Listed
March 18th, 2024
Days on Market
64
Zoning
WDR4*

Listing Details

Agent
Hamid Soroudi
Office
Keller Williams Beverly Hills

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Based on information from California Regional Multiple Listing Service, Inc. as of May 21st, 2024 at 4:59pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.