936 N Harper Ave, West Hollywood, CA 90046

$1,785,000
5
BD
4
BA
1,950
SqFt

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List Price
$1,785,000
Price Change
▼ $5,000 1786758825
MLS#
26842389
Status
ACTIVE
Type
Multifamily
Bedrooms
5
Bathrooms
4
Living Area
1,950

Property Description

Exceptional owner-user or investment opportunity in one of West Hollywood's most desirable residential neighborhoods. Offering a 5.41% CAP, 13.16 GRM, $96,643 NOI and $135,600 in gross annual income, this four-unit property combines strong current returns with an attractive owner-user opportunity. The beautifully updated 2-bedroom front residence is ideal for owner-user occupancy and features its own large, private and secluded yard and patio, while the three additional units currently generate $7,300 per month in rental income.Set behind mature hedging on a 6,157-square-foot lot, the property offers exceptional privacy, multiple outdoor spaces and a true residential feel. Each unit features updated kitchens and baths, in-unit laundry and private outdoor areas.An outstanding opportunity for an owner-user looking to enjoy the privacy and outdoor space of a single-family residence while benefiting from substantial rental income, or an investor seeking strong current returns in a prime West Hollywood location. Moments from Melrose Avenue, Santa Monica Boulevard and some of the area's best dining, shopping and entertainment. Some photos have been virtually staged.

Additional Information

Year Built
1947
Garage
Driveway

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Calculator source: Real Geeks

Courtesy of Berkshire Hathaway HomeServices California Propert, Brian Joy.

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