1253 Havenhurst Dr

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Address: 1253 Havenhurst Dr, West Hollywood, CA 90046, USA

California & West + Apartment Buildings

Created date: July 16, 2024

Date last updated: July 16, 2024

Property Description

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.

Available

Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	Apartment Buildings
Price:	$21,900,000
No. of Units:	79
Year Built:	1956
Lot Size:	38,688.00 Sq ft
Opportunity Zone:	No
Price per unit:	$277,215
Property Website	Click Here
Number of Bedrooms:	2
Number of Bathrooms:	0

Address: 1253 Havenhurst Dr, West Hollywood, CA 90046, USA

Provided by:

Standard Status: Active

MLS Listing Number: 24-371159
ID: 3yd-CLAWCA-24-371159

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