Terrific West Hollywood 4-Plex for Sale! Perfect for an owner user! Charming vacant front owners unit with private garden.
$1,650,000
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CHRISTOPHE CHOO
Real Estate Group Beverly Hills

310.777.6342 (Direct line)
Christophe@ChristopheChoo.com


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Coldwell Banker Beverly Hills North Office
301 N Canon Drive
Suite E
Beverly Hills, CA 90210

310.777.6342
Video Tour
936 N. Harper Ave, West Hollywood, CA 90046

Features:
  • 4 Bedrooms, 4 Baths
  • 1 bedroom 1 bath front unit with private yard currently vacant.
  • 1 bedroom 1 bath unit behind front unit rented for $2,204.80
  • Detached rear 1 bedroom bungalow rented for $1,475.91
  • Single unit off garage currently used for strorage.
  • Perfect for an owner user to live in the front unit.
  • MLS# 18-385218
  • View Listing Details
Additional Information
Cap Rate: 4.2 Annual Gross Income: $93368.52
Zoning: R1B Annual Operating Expense: $23944
Price per Square Foot: $846 Annual Net Income: $69424.52
Number of Units: 4 Unit Rental Price Range: $800-3,300
Remarks:

Monthly Gross Income projected: $7,780.81

Annual Gross Income projected: $93,368.52

Total Annual Expenses: $23,944.00

Net Annual Income: $69,424.52

17.67 GRM

4.2% Cap Rate


Annual Water & Power $1,800.00

Gas $200.00

Gardener $1,200.00

Property Taxes $14,753.00

Maintenance 0

Trash service if any 0

Annual home warranty: $1,975.00

Fire & liability insurance: $2,345.00

Earthquake insurance: $1,095.00

Annual WEHO rental registration fees. $576.00

Charming California Bungalow style 4 unit building in terrific West Hollywood location 1.5 blocks from shopping & restaurants on Santa Monica Blvd and 2.5 blocks north of Melrose shopping & restaurants. Wonderful front house built in 1928 with two units totaling approximately 1,380 square feet. Wonderful vacant owners unit in front with 1 bedroom 1 bath front unit with private garden, totally remodeled with newer kitchen, French doors, bamboo wood floors, Betchelder fireplace, recessed lights, coved ceilings & central heat & air. 1 bedroom 1 bath directly behind with private garden area. Detached 1 bedroom house in back built in 1947 also with private garden. Vacant single apartment built in 1953 off the carport & laundry room currently used for storage.  Lovely residential street with mixture of single family homes, duplex's, 3 & 4 unit buildings. Terrific for an owner user to live in the front house and rent the other three or simple hold as an investment. 2 car carport & driveway.

01027350
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