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    1046 N Sierra Bonita Ave

    West Hollywood, CA 90046
    • $2,600,000
    • STATUS: Active Under Contract
    • ON SITE: 130 days
    • ID#: 20-665724
    Under Contract
    $2,600,000
    • 12
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,960
      SQFT
    • $374
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1957
    County:

    School Ratings & Info

    Description

    We are proud to present 1046 Sierra Bonita, an 8 unit apartment building located in an excellent West Hollywood neighborhood! Situated on a 6,398 SF lot, this property consists of (4) one-bedroom and (4) two-bedroom apartments, totaling in 6,960 rentable square feet. Between two vacant units and plenty of common space area, this is the perfect opportunity for investors to acquire a property they can renovate and reposition in order to maximize their rate of return. With a Walkscore of 96 and a school score of 8.5/10, this is tenants ideal location as it is conveniently located in the heart of West Hollywood, steps away from an array of restaurants, bars, coffee shops, and retail stores.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-04-10T23:42:37.08. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.cgluxuryhomesla.com/homes/112311834
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    1046 N Sierra Bonita Ave West Hollywood, CA 90046

    • Price: $2,600,000
    • Status: Active Under Contract
    • ID#: 20-665724
    12
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    6,960
    SQFT
    $374
    $/SQFT
    1957
    Built
    Neighborhood:
    West Hollywood Vicinity
    County:
    Los Angeles
    Area:
    West Hollywood Vicinity
    Property Description
    We are proud to present 1046 Sierra Bonita, an 8 unit apartment building located in an excellent West Hollywood neighborhood! Situated on a 6,398 SF lot, this property consists of (4) one-bedroom and (4) two-bedroom apartments, totaling in 6,960 rentable square feet. Between two vacant units and plenty of common space area, this is the perfect opportunity for investors to acquire a property they can renovate and reposition in order to maximize their rate of return. With a Walkscore of 96 and a school score of 8.5/10, this is tenants ideal location as it is conveniently located in the heart of West Hollywood, steps away from an array of restaurants, bars, coffee shops, and retail stores.
    Exterior Features

    Entry Location Ground Level - No Steps Exterior Construction Wood Siding Lot Size Area 6398 Other Structures None Parking Garage Tandem Patio Features None Pool Description None Pool YN No Roof FlatShingle Spa None Spa YN No Tennis Court None Tennis YN No Total Parking 10 View Description None View YN No

    Interior Features

    Baths Total 12.00 Cooling None Equipment None Heating None Laundry Laundry Area

    Property Features

    Assessed Total Value 294389 Gross Income 180192 Gross Operating Income 174786 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 114086.00 Number Of Buildings 1 Number Of Units 8 Sale Type Standard Security Features Gated Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 60700 Type Of Units Apartments Year Built Source Vendor Enhanced Zoning Wdr3c*

    Listing provided courtesy of Saadia 'Sam' Liberow DRE#01933858 of Marcus & Millichap.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-04-10T23:42:37.08. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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