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1128 Larrabee Street

West Hollywood, CA 90069
  • $3,200,000
  • STATUS: Active Under Contract
  • ON SITE: 80 Days
  • ID#: 22176670
Under Contract
UPDATED: 70 min ago
$3,200,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1951
County:

School Ratings & Info

Listing Agent(s): Chase Simonton of Re/Max One (818-366-3300)


Description

LOW LOW RENTS. Over 145% upside potential in existing income. At only $379/sf, 1128 Larrabee is the lowest price per foot in 90069, Prime West Hollywood. Located right off of the famous Sunset Boulevard, this unique property boasts a desirable unit mix of 6 large units: (1) 3 + 1.5 Townhouse, (3) 2+1.5 Townhouse, (1) 2+1, and (1) 1+1. Seismic Retro Fit is required on the property. Due to the size and prime location of these units a new owner can command much higher than average rental rates. This makes it perfect for a value add and long term investor. Please do not disturb the tenants. All showings will be subject to an accepted offer.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-09-26T23:27:35.533. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
www.tolivebythesea.com/homes/130698798
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1128 Larrabee Street West Hollywood, CA 90069

  • Price: $3,200,000
  • Status: Active Under Contract
  • On Site: 80 Days
  • Updated: 70 min ago
  • ID#: 22176670
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1951
Built
Neighborhood:
C03 - Sunset Strip - Hollywood Hills West
County:
Los Angeles
Area:
C03 - Sunset Strip - Hollywood Hills West
Property Description
LOW LOW RENTS. Over 145% upside potential in existing income. At only $379/sf, 1128 Larrabee is the lowest price per foot in 90069, Prime West Hollywood. Located right off of the famous Sunset Boulevard, this unique property boasts a desirable unit mix of 6 large units: (1) 3 + 1.5 Townhouse, (3) 2+1.5 Townhouse, (1) 2+1, and (1) 1+1. Seismic Retro Fit is required on the property. Due to the size and prime location of these units a new owner can command much higher than average rental rates. This makes it perfect for a value add and long term investor. Please do not disturb the tenants. All showings will be subject to an accepted offer.
Exterior Features

Parking Features Covered Parking Total 6

Interior Features

Cooling Wall/Window Unit(S) Cooling YN Yes Heating Wall Furnace Heating YN Yes

Property Features

Association Fee 0 Gross Income 147948 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 75302 New Construction YN No Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning Wdr4*



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-09-26T23:27:35.533. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
 
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Beach City Brokers | BCB Premier Estates | The Miller Group
1716 South Catalina Avenue
Redondo Beach CA, 90277
Listing Agent(s): Chase Simonton of Re/Max One (818-366-3300)