1253 Havenhurst Dr, West Hollywood, CA 90046
- $21,900,000
- 2
- BD
- 79
- BA
- 38,688
- SqFt
- List Price
- $21,900,000
- MLS#
- 24-371159
- Status
- ACTIVE
- Type
- Multifamily
- Bedrooms
- 2
- Bathrooms
- 79
- Living Area
- 38,688
Property Description
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.
Additional Information
- Pool
- Yes
- Year Built
- 1956
- Garage
- Community Garage
Mortgage Calculator
Courtesy of Keller Williams Beverly Hills, Hamid Soroudi.
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