1027 N Sierra Bonita AVE new

West Hollywood,CA 90046

$ 4000000

20 Beds

18 Baths

12018 SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 12,018 sqft

Price per Sqft $332

MLS Listing ID 25581453

Bedrooms 20

HOA Y/N No

Year Built 1959

Lot Size 0.290 Acres

Property Description

Contact Broker for Offering Memorandum (OM) with all details. 1023-1027 N Sierra Bonita Ave, West Hollywood, CA 90046 (the "Property") is a classic vintage multi family building. The Property consists of 14 units totaling approximately 12,018 SF on 0.29 acre (12,630 SF) parcels of land. The Property comprises 14 units: (8) 1 bedroom 1 bath units, (2) 2 bedroom and 1 bath units, and (4) 2 bedroom and 2 bath units. Two of the units have private and secluded patio front yard areas. This is an excellent investment with immediate cash flow. Moreover, it is offered with attractive 4% assumable financing. This offering provides the rare opportunity to acquire a multi family leased investment in one of the most sought-after markets in the United States. Nestled just steps away from the prime strip of the bustling Santa Monica Boulevard, the Property affords excellent proximity to iconic entertainment, dining, and retail establishments. Santa Monica Blvd is a major thoroughfare and boasts several national retailers and artisan stores, providing easy access to neighborhood amenities for the area's residents. The Property boasts a walk score of 92/100, so most errands can be accomplished on foot. Rarely does an investor have the chance to acquire a multi-family property of such distinction in a prime Los Angeles location. Attractively offered at $4,000,000, 1023-1027 N Sierra Bonita Ave is more than just a property; it's a generational investment opportunity in one of Los Angeles' most desirable neighborhoods. This exclusive offering promises unparalleled potential and long-term appreciation. Don't miss this exclusive opportunity.

Location

State CA

County Los Angeles

Area C10 - West Hollywood Vicinity

Zoning WDR3C*

Interior

Heating Combination

Fireplace No

Appliance Refrigerator,Dryer,Washer

Exterior

Parking Features Assigned,Covered,Driveway

Porch Enclosed

Total Parking Spaces 13

Building

Faces West

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5530018022

Financing Assumed

Special Listing Condition Standard

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