Multifamily
The Dahlia
954 Palm Ave, West Hollywood, CA 90069
Listing Price: $23,500,000
Cap Rate
3.29%
Number of Units
52
Price/Unit
$451,923
Price/Gross SF
$547.73
Gross SF
42,904
Investment Overview
Marcus and Millichap is pleased to present the opportunity to acquire 956 Palm Avenue, a 52-unit multifamily investment opportunity located in the supply constrained West Hollywood neighborhood.
The Dahlia
Investment Highlights
- Rare Opportunity to Own 52 Units in Prime WeHo Neighborhood!
- Excellent Unit Mix Composed of 3 Studio/One-Bathroom Units, 33 One-Bedroom/One-Bathroom Units, 15 Two-Bedroom/Two- Bathroom Units & 1 Three-Bedroom/Three-Bathroom Unit!
- Spacious Units Averaging Approximately 357 SF for Studio Units, 627 SF for One-Bedroom Units, 899 SF for Two-Bedroom Units & 1,550 for the Three-Bedroom Unit!
- Property Amenities Include Controlled Access, a Pool & Jacuzzi, On-Site Laundry, Gated Subterranean Parking with Entrances Off Palm Avenue & Hancock Avenue, Gym, & BBQ Sun Deck Lounge!
- Units Feature Equipped Kitchen, Quartz Countertops, Wood Floors, AC Unit & Windows with Natural Light!
Exclusively Listed By
Financing By
Listing Price: $23,500,000
Cap Rate
3.29%
Number of Units
52
Price/Unit
$451,923
Price/Gross SF
$547.73
Gross SF
42,904
Investment Highlights
- Rare Opportunity to Own 52 Units in Prime WeHo Neighborhood!
- Excellent Unit Mix Composed of 3 Studio/One-Bathroom Units, 33 One-Bedroom/One-Bathroom Units, 15 Two-Bedroom/Two- Bathroom Units & 1 Three-Bedroom/Three-Bathroom Unit!
- Spacious Units Averaging Approximately 357 SF for Studio Units, 627 SF for One-Bedroom Units, 899 SF for Two-Bedroom Units & 1,550 for the Three-Bedroom Unit!
- Property Amenities Include Controlled Access, a Pool & Jacuzzi, On-Site Laundry, Gated Subterranean Parking with Entrances Off Palm Avenue & Hancock Avenue, Gym, & BBQ Sun Deck Lounge!
- Units Feature Equipped Kitchen, Quartz Countertops, Wood Floors, AC Unit & Windows with Natural Light!
Investment Overview
Marcus and Millichap is pleased to present the opportunity to acquire 956 Palm Avenue, a 52-unit multifamily investment opportunity located in the supply constrained West Hollywood neighborhood.
Exclusively Listed By
Financing By
