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$ 5,605,000
Est. payment | /mo
16 Beds
16 Baths
10,744 SqFt
$ 5,605,000
Est. payment | /mo
16 Beds
16 Baths
10,744 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 10,744 sqft
Price per Sqft $521
MLS Listing ID 25586183
Bedrooms 16
HOA Y/N No
Year Built 1950
Lot Size 0.280 Acres
Property Description
Paloma Realty Partners is proud to present 8730-8736 Holloway Drive, a 16-unit value-add multifamily offering located in the heart of West Hollywood just steps from the world-famous Sunset Strip. This is a rare opportunity to acquire two adjacent eight-unit buildings on separate APNs totaling 10,744 SF of rentable space, situated on a 12,014 SF lot. The property features a mix of renovated and classic one-bedroom units, with seven current vacancies. Investors have immediate lease-up potential and the ability to capitalize on West Hollywood's premium rental rates, which range from $2,750 to $3,250 for similar units. The property comes with 16 parking spaces(12 covered, 4 open) and is located within walking distance to popular hotspots, keeping the neighborhood in high demand among affluent renters.
Location
State CA
County Los Angeles
Area C10 - West Hollywood Vicinity
Zoning WDR4*
Interior
Heating None
Fireplace No
Appliance Dishwasher, Dryer, Washer
Exterior
Parking Features Covered
Total Parking Spaces 16
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4339009001
Special Listing Condition Standard
Listed by Adam Kanizo Paloma Realty Partners, Inc.