909 San Vicente Blvd, West Hollywood, CA 90069
7 Unit Apartment Building | $3,500,000 ($500,000/Unit) | 4.64% Cap Rate | West Hollywood, CA 90069
For Sale
Active
11 pictures
Asking Price $3,500,000
- Property Type
-
Multifamily
- Square Feet
- 7,451 SF
Listing Contacts
Jordan Asheghian
- Property Info
Property Overview
The Jordan Group of Lyon Stahl is proud to present 909 N San Vicente Blvd. 909 N San Vicente Blvd is a 7 Unit Apartment Building built in 1990. The property is located in an A+ West Hollywood Location just north of Santa Monica Blvd and East of Doheny Dr. The property offers an excellent unit mix composed of all 2 Bedroom / 2 Bathroom units, some of which offer Town House style units. Built in 1990, the property is subject to AB - 1482, allowing 5% + CPI Rent Increases (Capped at 10%) Buyer to Verify. Garage offers 14 Parking Spaces + 2 Guest Spaces. *Unit 103 is an affordable low income unit. Buyer to verify proforma rent for unit 103. Seller Financing Available
Property Details
- Class
- C
- Year Built
- 1990
- Stories
- 3
- Lot Size (sq. ft)
- 6,534 SF
- Units
- 7
Highlights
- Rare 1990's Construction – Subject to AB – 1482 (Buyer to Verify)
- Seller Financing Available!
- Annual Rent Increases of 5% + CPI (Capped at 10%) For All Units Except Unit 103 (Buyer to Verify)
- Excellent Unit Mix offering all 2 Bedroom / 2 Bathroom Units
- Approximately Over 27% Rental Upside!
- *Unit 103 Affordable
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