Multifamily

1046 N Sierra Bonita Avenue

1046 N Sierra Bonita Ave, West Hollywood, CA 90046

Listing Price: $2,600,000

Cap Rate
4.40%
Number of Units
8
GRM
14.40
Occupancy
97.0%
Price/Unit
$325,000
Price/Gross SF
$373.56
Gross SF
6,960

Investment Overview

Situated on a 6,398-square foot lot, this property consists of four, one-bedroom units and four, two-bedroom apartments, totaling in 6,960-rentable square feet. Between two vacant units and plenty of common space area, this is the perfect opportunity for investors to acquire a property they can renovate and reposition in order to maximize their rate of return.

With a Walkscore of 96 and a school score of 8.5/10, this is a tenants ideal location as it is conveniently located in the heart of West Hollywood, steps away from an array of restaurants, bars, coffee shops, and retail stores.

Investment Highlights

  • Two Vacant Units Delivered at the Close of Escrow
  • On-site Amenities include Laundry, Parking, and Room for Outdoor Seating Area
  • Lowest Paying Tenant is Paying Approximately $1,346 per Month
  • Value Add Opportunity through Tenant Relocation and Renovation Plan

Exclusively Listed By

  • Sam Liberow

    First Vice President Investments

    (818) 212-2795

    Email Sam

    License(s): CA: 01933858, CA: 02031850

    Encino

Listing Price: $2,600,000

Cap Rate
4.40%
Number of Units
8
GRM
14.40
Occupancy
97.0%
Price/Unit
$325,000
Price/Gross SF
$373.56
Gross SF
6,960

Investment Highlights

  • Two Vacant Units Delivered at the Close of Escrow
  • On-site Amenities include Laundry, Parking, and Room for Outdoor Seating Area
  • Lowest Paying Tenant is Paying Approximately $1,346 per Month
  • Value Add Opportunity through Tenant Relocation and Renovation Plan

Investment Overview

Situated on a 6,398-square foot lot, this property consists of four, one-bedroom units and four, two-bedroom apartments, totaling in 6,960-rentable square feet. Between two vacant units and plenty of common space area, this is the perfect opportunity for investors to acquire a property they can renovate and reposition in order to maximize their rate of return.

With a Walkscore of 96 and a school score of 8.5/10, this is a tenants ideal location as it is conveniently located in the heart of West Hollywood, steps away from an array of restaurants, bars, coffee shops, and retail stores.

Exclusively Listed By

  • Sam Liberow

    First Vice President Investments

    (818) 212-2795

    Email Sam

    License(s): CA: 01933858, CA: 02031850

    Encino

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