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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.

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

Multifamily

929 N Stanley Ave

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

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