Terrific West Hollywood 4-Plex for Sale! Perfect for an owner user! Charming vacant front owners unit with private garden.
$1,625,000
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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
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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: 4.14 Annual Gross Income: $91,208.52
Zoning: R1B Annual Operating Expense: $23944
Price per Square Foot: $833 Annual Net Income: $67,264.52
Number of Units: 4 Unit Rental Price Range: $800-3,300
Remarks:

Front building built in 1928 as a duplex

As per assessor approximately 1,380 square feet

Unit 938 - (front house) 1 bedroom 1 bath was rented for $2,850.00 will be delivered vacant at close of escrow. Estimated rental amount: $3,200 to $3,300

Unit 938 ½ (unit attached in back with common wall) - 1 bedroom 1 bath currently rented for $2,024.80 she has been there since 11/30/2004

Detached bungalow in rear of property built in 1947 As per assessor approximately 400 square feet. Unit 936 - 1 bedroom 1 bath currently rented for $1,475.91, He has been there for five years.

Unit in rear of carport built in 1953

As per assessor approximately 190 square feet. Unit 936 ½  is currently used by owners for storage, however in the past it was occupied and it was rented for $450 per month approximate rental value today: $800.00
Monthly Gross Income projected: $7,600.71 Annual Gross Income projected: $91,208.52 Total Annual Expenses: $23,944.00 Net Annual Income: $67,264.52 17.81 GRM 4.14% Cap Rate


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