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Multifamily

1207 Horn Ave

1207 Horn Ave, West Hollywood, CA 90069

Listing Price: $2,750,000

Cap Rate
5.11%
Number of Units
9
GRM
12.62
Occupancy
98.0%
Price/Unit
$305,556
Price/Gross SF
$557.24
Gross SF
4,935

Investment Overview

Marcus and Millichap is pleased to present the opportunity to acquire 1207 Horn Avenue, a nine-unit plus one non-conforming unit multifamily apartment building located in the highly desirable 90069 zip code of Los Angeles.

Investment Highlights

  • Approximately 30% in Rental Upside!
  • Soft-Story Seismic Retrofit Completed!
  • Gas Shut-Off Valves Have Been Completed!
  • Private Patio Space for Tenants with Lush Garden!
  • Located on a quiet cul-de-sac right off of the Sunset Strip!
  • Washer & Dryer are Leased with WASH
  • Sewer Line Partially Replaced
  • First Time on the Market in Over 34 Years!

Exclusively Listed By

Financing By

Multifamily

1207 Horn Ave

Listing Price: $2,750,000

Cap Rate
5.11%
Number of Units
9
GRM
12.62
Occupancy
98.0%
Price/Unit
$305,556
Price/Gross SF
$557.24
Gross SF
4,935

Investment Highlights

  • Approximately 30% in Rental Upside!
  • Soft-Story Seismic Retrofit Completed!
  • Gas Shut-Off Valves Have Been Completed!
  • Private Patio Space for Tenants with Lush Garden!
  • Located on a quiet cul-de-sac right off of the Sunset Strip!
  • Washer & Dryer are Leased with WASH
  • Sewer Line Partially Replaced
  • First Time on the Market in Over 34 Years!

Investment Overview

Marcus and Millichap is pleased to present the opportunity to acquire 1207 Horn Avenue, a nine-unit plus one non-conforming unit multifamily apartment building located in the highly desirable 90069 zip code of Los Angeles.

Exclusively Listed By

Financing By

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