866 Hilldale Ave

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Address: 866 Hilldale Ave, West Hollywood, California, US
Created date: May 23, 2024
Date last updated: May 23, 2024

Property Description

REDUCED! We are proud to exclusively present for sale a lovingly maintained 8 Unit Apartment Building in an A+ West Hollywood location sandwiched between Santa Monica Blvd. and the Sunset Strip! The Building boasts large units, each with a parking space. The area has Permit Parking to benefit multi-car households. This building does not keep vacancies for long. Ownership is keeping a vacant unit to facilitate showings. With the neighborhood being as desirable as they get, Walk Score calls this location a Walker's Paradise! A skip and a hop to dining, nightlife, shopping and just about anything that a tenant may want, the property also sits north of West Hollywood Park, with a swimming pool, tennis courts, dog park and library. Steps to The Abbey, Bottega Louie, Rocco's, Pavilions Supermarket, Fiesta Cantina, Tender Greens, Whisky A Go Go, Rainbow Bar & Grill, The Roxy Theatrecome to WeHo and have no reason to leave!Management has updated the building's plumbing, electrical, stucco, appliances and much more. Some units have washers and dryers. Ownership will cooperate with any Buyer interested in the existing Assumable Loan ($2.3m @ 5.35% interest only). All newer tenants except for one long-term, low paying tenant with no plans to move out. The building features gated parking with coded entry and security cameras.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $3,899,000
No. of Units: 8
Year Built: 1957
Lot Size: 7,782.00 Sq ft
Opportunity Zone: No
Price per unit: $487,375
Property Website Click Here
Number of Bedrooms: 12
Number of Bathrooms: 0
Address: 866 Hilldale Ave, West Hollywood, CA 90069, USA
Provided by:

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