Multifamily
929 N Stanley Ave
929 N Stanley Ave, West Hollywood, CA 90046
Listing Price: $2,995,000
Cap Rate
3.71%
Number of Units
8
GRM
15.42
Price/Unit
$374,375
Price/Gross SF
$472.84
Gross SF
6,334
Investment Overview
Marcus and Millichap is pleased to present the opportunity to acquire 929 North Stanley Avenue, an eight-unit multifamily apartment building located in the highly desirable 90046 zip code of West Hollywood.
929 N Stanley Ave
Investment Highlights
- 1st Time on the Market in Over 37 Years!
- Buyer Can Assume Existing Loan at 3.94% Fixed Until February 2027! February 2027 Adjust, Have to Rebalance at Current Rate (1.2X Coverage)
- Great Unit Mix Composed of One Bedroom & Two Bedroom Units!
- Front Unit Offers a Private Yard for Tenant
- Approximately 33% Upside in Rent
Exclusively Listed By
Listing Price: $2,995,000
Cap Rate
3.71%
Number of Units
8
GRM
15.42
Price/Unit
$374,375
Price/Gross SF
$472.84
Gross SF
6,334
Investment Highlights
- 1st Time on the Market in Over 37 Years!
- Buyer Can Assume Existing Loan at 3.94% Fixed Until February 2027! February 2027 Adjust, Have to Rebalance at Current Rate (1.2X Coverage)
- Great Unit Mix Composed of One Bedroom & Two Bedroom Units!
- Front Unit Offers a Private Yard for Tenant
- Approximately 33% Upside in Rent
Investment Overview
Marcus and Millichap is pleased to present the opportunity to acquire 929 North Stanley Avenue, an eight-unit multifamily apartment building located in the highly desirable 90046 zip code of West Hollywood.
Exclusively Listed By
