1248 N Crescent Heights Blvd - Apartments FOR SALE


West Hollywood, CA 90046
$5,500,000 USD
888-511-3737
1248 N Crescent Heights Blvd, West Hollywood, CA for Sale
$5,500,000 USD
Apartments - FOR SALE
1/24
null | 4.45% Cap Rate

1248 N Crescent Heights Blvd
West Hollywood, CA 90046


HIGHLIGHTS

  • 10 vacant units with an 11th to be delivered vacant prior to close of escrow

OVERVIEW

Rare investment opportunity in prime West Hollywood! The property will be delivered with 11 vacant units, allowing for investors to renovate or achieve market rents with little-to-no hassle. Potential to add more units to the parcel in accordance with city codes.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$377 USD /SF

# OF UNITS

12

PRICE/UNIT

$458,333

CAP RATE

4.45%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,827 SF

ZONING

R4B

APN/PARCEL ID

5554-010-023

ASK ABOUT THIS PROPERTY

Ruben MartinezFiduciary Real Estate ServicesMore Info
888-511-3737

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Ruben MartinezFiduciary Real Estate ServicesMore Info
888-511-3737

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.