1253 Havenhurst Drive
West Hollywood, CA 90046
- – beds
- – baths
- – sqft
- ~3/4 acre lot
- 1956 build
- – on site
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 (33%) upside in rents. 12.6 x Gross & 4.9% Cap with existing rents; 9.5 x Gross & 7.6% 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.
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Last updated Apr 23, 2024
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MLS# 24371159 —
Walk Score®
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Transit Score®
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Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/20/24
Mar 20, 2024
|
Listed / Active | CRMLS_CA | $21,900,000 |