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943 Hancock Ave 10 Unit Apartment Building For Sale West Hollywood, CA 90069
Investment Highlights
- 10-Unit Value-Add Apartment Community with Future Redevelopment Potential
- Excellent West Hollywood, California Location
- ±11,756 SF (±0.26 acre) Parcel Between Santa Monica Blvd. & the Sunset Strip
- Four Units Vacant
Executive Summary
CBRE, as exclusive agent, is pleased to present the opportunity to acquire a lender-owned value-add 10-unit apartment community in the highly sought-after West Hollywood, California submarket.
Property Facts
| Sale Type | Investment | Lot Size | 0.26 AC |
| No. Units | 10 | Building Size | 4,555 SF |
| Property Type | Multifamily | Average Occupancy | 60% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1939 |
| Building Class | C | ||
| Zoning | WDR4* - Multifamily | ||
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 4,555 SF |
| Average Occupancy | 60% |
| No. Stories | 1 |
| Year Built | 1939 |
| Zoning | WDR4* - Multifamily |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | $3,570 CAD | 455 |
Moderately walkable
70/100
Fairly drivable
50/100
Good public transit
70/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 4339-010-002 | Improvements Assessment | $752,141 CAD |
| Land Assessment | $5,784,652 CAD | Total Assessment | $6,536,793 CAD |
Property Taxes
Parcel Number
4339-010-002
Land Assessment
$5,784,652 CAD
Improvements Assessment
$752,141 CAD
Total Assessment
$6,536,793 CAD
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943 Hancock Ave
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