$ 2,350,000
1119 Hacienda Place West Hollywood, CA 90069
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$ 2,350,000
Est. payment /mo
Contingent
1119 Hacienda Place West Hollywood, CA 90069
8 Beds
4 Baths
7,617 Sqft Lot
UPDATED:
10/23/2024 12:37 PM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID P1-19473
Bedrooms 8
HOA Y/N No
Lot Size 7,617 Sqft
Property Description
PRIME LOCATION. Located on a quiet street in the heart of West Hollywood, this well-maintained 1920s two-story Tuscan-Style Villa features four bright and airy 2 BD / 1 BR units, each spanning around 1,000 sqft. Nestled between Fountain and Santa Monica, just east of La Cienega, the property is incredibly central, yet offers surprising serenity.Period details such as original hardwood floors, floor-to-ceiling French windows, coved ceilings, stained glass panels and faux fireplaces are paired with modern amenities, including central air and heat, individually metered utilities, and in-unit hot water heaters.All units share a similar layout: light-filled living room facing the street, updated kitchen with new appliances, renovated full bathroom with a tub and long hallway leading to the two bedrooms with built-in storage at the rear of the units.Gated tenant entrance. Upstairs units are accessed by a private staircase, while the private garden patios are enjoyed by all tenants. Secure, gated parking provides 8 assigned spots. The property currently yields a monthly income of over $12,600. All units are tenant-occupied, with three rented at market value and one below market value. This is a very charming, well looked-after property in a highly desirable neighborhood, presenting a wonderful investment opportunity for the savvy investor.
PRIME LOCATION. Located on a quiet street in the heart of West Hollywood, this well-maintained 1920s two-story Tuscan-Style Villa features four bright and airy 2 BD / 1 BR units, each spanning around 1,000 sqft. Nestled between Fountain and Santa Monica, just east of La Cienega, the property is incredibly central, yet offers surprising serenity.Period details such as original hardwood floors, floor-to-ceiling French windows, coved ceilings, stained glass panels and faux fireplaces are paired with modern amenities, including central air and heat, individually metered utilities, and in-unit hot water heaters.All units share a similar layout: light-filled living room facing the street, updated kitchen with new appliances, renovated full bathroom with a tub and long hallway leading to the two bedrooms with built-in storage at the rear of the units.Gated tenant entrance. Upstairs units are accessed by a private staircase, while the private garden patios are enjoyed by all tenants. Secure, gated parking provides 8 assigned spots. The property currently yields a monthly income of over $12,600. All units are tenant-occupied, with three rented at market value and one below market value. This is a very charming, well looked-after property in a highly desirable neighborhood, presenting a wonderful investment opportunity for the savvy investor.
PRIME LOCATION. Located on a quiet street in the heart of West Hollywood, this well-maintained 1920s two-story Tuscan-Style Villa features four bright and airy 2 BD / 1 BR units, each spanning around 1,000 sqft. Nestled between Fountain and Santa Monica, just east of La Cienega, the property is incredibly central, yet offers surprising serenity.Period details such as original hardwood floors, floor-to-ceiling French windows, coved ceilings, stained glass panels and faux fireplaces are paired with modern amenities, including central air and heat, individually metered utilities, and in-unit hot water heaters.All units share a similar layout: light-filled living room facing the street, updated kitchen with new appliances, renovated full bathroom with a tub and long hallway leading to the two bedrooms with built-in storage at the rear of the units.Gated tenant entrance. Upstairs units are accessed by a private staircase, while the private garden patios are enjoyed by all tenants. Secure, gated parking provides 8 assigned spots. The property currently yields a monthly income of over $12,600. All units are tenant-occupied, with three rented at market value and one below market value. This is a very charming, well looked-after property in a highly desirable neighborhood, presenting a wonderful investment opportunity for the savvy investor.
Location
State CA
County Los Angeles
Area West Hollywood (90069)
Zoning Assessor
Interior
Cooling Central Forced Air
Exterior
Garage Unit1:Assigned
Building
Story 2
Lot Size Range 7500-10889 SF
Level or Stories 2 Story
Others
Acceptable Financing Conventional
Space Rent $12,534
Listing Terms Conventional
Special Listing Condition Probate Sbjct to Overbid
Listed by George Penner • COMPASS
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