Property
| Ownership: | For Sale |
|---|---|
| Bedrooms: | 5 BR |
| Bathrooms: | 4 |
| Area: | 6157 sq ft |
| Lot Size: | 0.1 Acres |
Financials
Price:$1,780,000
Listing Courtesy of Berkshire Hathaway HomeServices California Propert
936 N Harper Ave 5BR Hollywood Hills East La
Description
Exceptional owner-user or investment opportunity in one of West Hollywood's most desirable residential neighborhoods. Offering a 5.83% CAP, 12.57 GRM, $103,782 NOI and $141,600 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.
Neighborhood
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All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.