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Key Details
Sold Price $1,940,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,997 sqft
Price per Sqft $971
MLS Listing ID 24370057
Sold Date 05/09/24
Bedrooms 4
Construction Status Additions/Alterations,Fixer
HOA Y/N No
Year Built 1923
Lot Size 6,080 Sqft
Property Description
We are pleased to present a four (4) unit apartment building located at 345 Huntley Drive in West Hollywood, California. The subject property is situated in a prime West Hollywood location, north of Beverly Boulevard and east of N San Vicente Boulevard. Built in 1923, this property contains an easy unit mix spread across two (2) detached buildings consisting of two (2) studio / one-bathroom units in one building and two (2) one-bedroom / one-bathroom units in the other. The property will be delivered with two (2) vacant units, allowing for the option to execute on existing plans to add a two-bedroom / two and a half-bathroom ADU unit to one of the garage parking spaces on the first story of the back building. The plans also detail a renovation to the second story one-bedroom units, adding living space and covered patios while maintaining covered parking on the right side of the building. Tenants will love living in a quiet residential corridor only one block away from Beverly Center. Being down the street from Cedars-Sinai affords the property a consistent young professional renter demographic. Situated in a prime West Hollywood location, this offering presents an excellent opportunity for any investor to capitalize on 30-year fixed residential financing to acquire a character asset with an option to add an ADU and remodel existing one-bedroom units in one of the most coveted markets of Los Angeles.
Location
State CA
County Los Angeles
Area C10 - West Hollywood Vicinity
Zoning WDR1B*
Interior
Heating Wall Furnace
Fireplace No
Exterior
Garage Covered, One Space, Uncovered
Pool None
View Y/N Yes
View City Lights
Porch Front Porch, Open, Patio
Parking Type Covered, One Space, Uncovered
Total Parking Spaces 6
Private Pool No
Building
Lot Description Landscaped, Secluded
Story 2
Entry Level Two
Architectural Style Spanish
Level or Stories Two
New Construction No
Construction Status Additions/Alterations,Fixer
Others
Senior Community No
Tax ID 4337020026
Special Listing Condition Standard
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Bought with Jason Tuvia • Marcus & Millichap