Active
8815 Cynthia Street
West Hollywood CA, 90069
$15,425,000
$651.53 per sqft
Active
40 Beds
40 Baths
23,675 sqft
Residential
Built in 1989
Huge price reduction!!! 8815 Cynthia Street is a prestigious opportunity to acquire a property in one of the best rental locations in prime West Hollywood. Built in 1989, the property isNOT subject to the city of West Hollywood's rent control (AB 1482 does apply). 4 of the units are subject to lower income covenants. The beautiful courtyard property boasts an ideal unit mix consisting of all 19 two-bedroom two bath units and 2 one-bedroom one bath units. Each of the units is extremely spacious, has a terrific floor plan, and offers an abundance of natural light. Units feature upgraded and luxurious amenities including stainless steel appliances, quartz or granite countertops, fireplaces, vinyl or laminate flooring, spacious kitchens/bedrooms/bathrooms, large balconies/patios, individual water heaters, and central heat and air conditioning. Other property features include secureentry, copper plumbing, 18 camera video system, and gated subterranean parking (an incredible 47 parking spaces for 21 units). 8815 Cynthia Street is regarded as a "Walker's Paradise" as it features an incredible Walk Score of 92. With such an abundance of parking and an ideal unit mix, the property is well positioned for an investor looking for a condominium conversion project. This rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier asset in one of the best rental locations in all of Los Angeles.
24424451
MLSⓇ ID
August 6, 2024
Listed
December 4, 2024
Updated
Map
8815 Cynthia Street
West Hollywood CA, 90069
Interior Features
Total Stories
3
Bedrooms
40
Total Bathrooms
40
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.41 Acres
Other Property Details
Area Name
C10 - West Hollywood Vicinity
Days on Market
120
Garage
No
Parking
Underground
Parking Total
47
View
No
County
Los Angeles
Pool
No
Zoning
LCR4*
Listing History
Date | Event | Price |
---|---|---|
12/4/2024 | Price change | $15,425,000 -9% |
Listed by Jonathan Taksa, Remax Commercial and Investment Realty, CA DRE 01366169
Listing Contact: 424-672-8220
Based on information from the CRISNet MLS as of 12/4/2024, 11:52 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.
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