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Value Add 5 Unit WeHo Adj | 2BR Unit Vacant 829 N Edinburgh Ave 5 Unité Immeuble d’appartements 2 753 243 $ CAD (550 649 $ CAD/Unité) Los Angeles, CA 90046
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FAITS SAILLANTS DE L'INVESTISSEMENT
- 5 Unit Apartment Building in Prime West Hollywood Adj: Excellent Unit Mix - (4) 1BR/1 BTHS, and (1) 2BRS/1.75BTHS.
- ADU Potential: As all of the 3 garages are not being used by any tenants they could potentially be turned into ADUs. Please check with city
- Current property rents approximately 38% under market.
- Three Separate Garages, incl one double car garage. A new owner could generate additional income for renting these as dedicated parking or storage
- Units are Separately Metered for Electricity and Gas, and tenants are responsible for Waste.
- Excellent Demographics and dense infill area with Average Household Income over $160,720 and Median Housing Value of $1,410,000 in a one mile radius.
RÉSUMÉ DE L'ANNONCE
Contact Broker for OM.
Oakmore Inc., on behalf of ownership, is pleased to exclusively offer for sale the opportunity to acquire the 100% fee simple interest of 829 N Edinburgh Ave, Los Angeles, CA 90046 (the “Property”). The Property consists of a ±3,943 SF building on a ±0.15 acre (±6,550 SF) parcel of land. The Property comprises 5 units: (4) 1 bedroom 1 bath units, and (1) 2 bedroom and 1.75 bath unit….and the 2 bedroom unit will be delivered vacant to allow a buyer to capture market rent. In fact, all units are significantly under market, making this a true value add proposition.
The Property boasts an outstanding location, mere steps from West Hollywood, two blocks east of Crescent Heights Blvd and a block and a half north of Melrose, one of the most trendiest locations in Los Angeles.
Nestled just blocks 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 95/100, 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. 829 N Edinburgh Ave is more than just a property; it's a generational investment opportunity in one of Los Angeles' most desirable neighborhoods. This exclusive offering provides unparalleled potential and long-term appreciation.
Don't miss this exclusive opportunity.
Oakmore Inc., on behalf of ownership, is pleased to exclusively offer for sale the opportunity to acquire the 100% fee simple interest of 829 N Edinburgh Ave, Los Angeles, CA 90046 (the “Property”). The Property consists of a ±3,943 SF building on a ±0.15 acre (±6,550 SF) parcel of land. The Property comprises 5 units: (4) 1 bedroom 1 bath units, and (1) 2 bedroom and 1.75 bath unit….and the 2 bedroom unit will be delivered vacant to allow a buyer to capture market rent. In fact, all units are significantly under market, making this a true value add proposition.
The Property boasts an outstanding location, mere steps from West Hollywood, two blocks east of Crescent Heights Blvd and a block and a half north of Melrose, one of the most trendiest locations in Los Angeles.
Nestled just blocks 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 95/100, 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. 829 N Edinburgh Ave is more than just a property; it's a generational investment opportunity in one of Los Angeles' most desirable neighborhoods. This exclusive offering provides unparalleled potential and long-term appreciation.
Don't miss this exclusive opportunity.
FAITS SUR LA PROPRIÉTÉ
| Prix | 2 753 243 $ CAD | Classe d’immeuble | C |
| Prix par unité | 550 649 $ CAD | Taille du lot | 0,15 AC |
| Type de vente | Investissement | Taille du bâtiment | 3 943 pi² |
| Nombre d’unités | 5 | Nombre d’étages | 2 |
| Type de propriété | Immeuble residentiel | Année de construction | 1938 |
| Sous-type de propriété | Appartement | Ratio de stationnement | 1,52/1 000 pi² |
| Style d’appartement | De faible hauteur | ||
| Zonage | LAR3 | ||
| Prix | 2 753 243 $ CAD |
| Prix par unité | 550 649 $ CAD |
| Type de vente | Investissement |
| Nombre d’unités | 5 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 0,15 AC |
| Taille du bâtiment | 3 943 pi² |
| Nombre d’étages | 2 |
| Année de construction | 1938 |
| Ratio de stationnement | 1,52/1 000 pi² |
| Zonage | LAR3 |
UNITÉ RENSEIGNEMENTS SUR LE MÉLANGE
| DESCRIPTION | NOMBRE D’UNITÉS | LOYER MOYEN/MOIS | pi² |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+2 | 1 | - | - |
1 1
Walk Score®
Un paradis pour un marcheur (95)
Impôts fonciers
| Numéro de lot | 5529-022-029 | Évaluation des bâtiments | 680 653 $ CAD |
| Évaluation du terrain | 2 006 135 $ CAD | Évaluation totale | 2 686 788 $ CAD |
Impôts fonciers
Numéro de lot
5529-022-029
Évaluation du terrain
2 006 135 $ CAD
Évaluation des bâtiments
680 653 $ CAD
Évaluation totale
2 686 788 $ CAD
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Value Add 5 Unit WeHo Adj | 2BR Unit Vacant | 829 N Edinburgh Ave
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