Property
| Ownership: | For Sale |
|---|---|
| Bedrooms: | 14 BR |
| Bathrooms: | 14 |
| Area: | 7617 sq ft |
| Lot Size: | 0.2 Acres |
Financials
Price:$3,850,000
Listing Courtesy of Miller & Desatnik Realty Co.
1141 Hacienda Pl 14BR Sunset Strip La
Description
12-unit West Hollywood multifamily opportunity featuring 2.69% interest-only assumable financing through December 2030. The property offers strong in-place income with an approx. cash on cash return above 6.71%, a 12.78 GRM and 4.77% cap rate, equating to approximately $320,833 per unit and $401 per square foot. Built in 1959, this low-density mid-century asset provides classic Los Angeles character and clear cosmetic value-add potential. Located within walking distance to Sunset Blvd, Melrose Ave, and Santa Monica Blvd, the property consistently attracts quality tenants in a highly desirable rental submarket. Assumable financing enhances returns and reduces acquisition debt risk.
Neighborhood
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All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.