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$2,350,000

Est. payment - /mo

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8 BD

4 BA

7,617 Sqft Lot

Active

1119 Hacienda Place West Hollywood, CA 90069

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Richard Combs

[email protected] +1(619) 838-9307

UPDATED:

10/14/2024 10:26 PM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID P1-19473

Bedrooms 8

HOA Y/N No

Lot Size 7,617 Sqft

Property Description

PRIME LOCATION. Located on a quiet street in the heart of West Hollywood, this well-maintained 1920s two-story Tuscan-Style Villa features four bright and airy 2 BD / 1 BR units, each spanning around 1,000 sqft. Nestled between Fountain and Santa Monica, just east of La Cienega, the property is incredibly central, yet offers surprising serenity.Period details such as original hardwood floors, floor-to-ceiling French windows, coved ceilings, stained glass panels and faux fireplaces are paired with modern amenities, including central air and heat, individually metered utilities, and in-unit hot water heaters.All units share a similar layout: light-filled living room facing the street, updated kitchen with new appliances, renovated full bathroom with a tub and long hallway leading to the two bedrooms with built-in storage at the rear of the units.Gated tenant entrance. Upstairs units are accessed by a private staircase, while the private garden patios are enjoyed by all tenants. Secure, gated parking provides 8 assigned spots. The property currently yields a monthly income of over $12,600. All units are tenant-occupied, with three rented at market value and one below market value. This is a very charming, well looked-after property in a highly desirable neighborhood, presenting a wonderful investment opportunity for the savvy investor.
PRIME LOCATION. Located on a quiet street in the heart of West Hollywood, this well-maintained 1920s two-story Tuscan-Style Villa features four bright and airy 2 BD / 1 BR units, each spanning around 1,000 sqft. Nestled between Fountain and Santa Monica, just east of La Cienega, the property is incredibly central, yet offers surprising serenity.Period details such as original hardwood floors, floor-to-ceiling French windows, coved ceilings, stained glass panels and faux fireplaces are paired with modern amenities, including central air and heat, individually metered utilities, and in-unit hot water heaters.All units share a similar layout: light-filled living room facing the street, updated kitchen with new appliances, renovated full bathroom with a tub and long hallway leading to the two bedrooms with built-in storage at the rear of the units.Gated tenant entrance. Upstairs units are accessed by a private staircase, while the private garden patios are enjoyed by all tenants. Secure, gated parking provides 8 assigned spots. The property currently yields a monthly income of over $12,600. All units are tenant-occupied, with three rented at market value and one below market value. This is a very charming, well looked-after property in a highly desirable neighborhood, presenting a wonderful investment opportunity for the savvy investor.

Location

State CA

County Los Angeles

Area West Hollywood (90069)

Zoning Assessor

Interior

Cooling Central Forced Air

Exterior

Garage Unit1:Assigned

Building

Story 2

Lot Size Range 7500-10889 SF

Level or Stories 2 Story

Others

Acceptable Financing Conventional

Space Rent $12,534

Listing Terms Conventional

Special Listing Condition Probate Sbjct to Overbid

Listed by George Penner • COMPASS

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Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

Richard Combs

1119 Hacienda Place West Hollywood, CA 90069

Richard Combs

Key Details

Location

Interior

Exterior

Building

Others

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1119 Hacienda Place