Active

1253 Havenhurst Drive

West Hollywood CA, 90046

$20,900,000


$540.22 per sqft

Active

2 Beds

79 Baths

38,688 sqft

Residential

Built in 1956

Assumable loan of $11,227,000 at 3.2% fixed until 5/1/28. The loan has a value of over $1,350,000 compared to a new loan at 6.2%. Significant (32%) upside in rents. 11.9 x Gross & 5.3% Cap with existing rents; 9 x Gross & 8% Cap with rents at market. 6.8% return on down payment at closing; 12.2% return with rents at market. Seller has renovated 50% of the units and common areas at a cost of over $1,070,000. Controlled access, pool, gated parking.

24371159

MLS ID

March 20, 2024

Listed

July 15, 2024

Updated

Map

1253 Havenhurst Drive
West Hollywood CA, 90046

Interior Features

Total Stories

2


Bedrooms

2


Total Bathrooms

79


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.7 Acres

Other Property Details

Area Name

C10 - West Hollywood Vicinity


Days on Market

119


Garage

No


Parking

Community Structure


Parking Total

75


View

No


County

Los Angeles


Pool

No


Pool Features

Community


Zoning

WDR4*

Listing History

Date

Event

Price

7/15/2024

Price Change

$20,900,000

-5%

Listed by Hamid Soroudi, Keller Williams Beverly Hills, CA DRE 00708618

Listing Contact: 310-432-6547 

Based on information from the CRISNet MLS as of 7/15/2024, 9:57 PM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

©2024 CRISNet MLS. All rights reserved. 

Powered byLuxury Presence