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Property

West Hollywood, CA 90046 929 N Stanley Avenue

929 N Stanley Avenue West Hollywood, CA - Image 1929 N Stanley Avenue West Hollywood, CA - Image 2
Presented By: Jordan Asheghian with Lyon Stahl Investment Real Estate, Inc.;
  • MLS# 24443373
  • 09/22/2024
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  • Beds • 12
  • Baths • 8
  • SQFT • 6,334
  • Garage • 1
  • Year Built • 1963

Home Details

4.5% Cash on Cash Day 1 With Upside! (With Assumable Financing). Assumable Financing Available at 3.94%! 929 N Stanley Avenue is an 8 Unit Apartment Building built in 1963. The property is located in an A+ West Hollywood Location just north of Melrose and East of Fairfax Avenue. The property offers an excellent unit mix comped of 4 - 1 Bedroom / 1 Bathroom units and 4 - 2 Bedroom / 1 Bathroom Units. Garage offers 8 Parking Spaces. Assumable Financing Available at approx. $1,200,0000 & 3.94%.
Presented By: Jordan Asheghian with Lyon Stahl Investment Real Estate, Inc.;

Interior Features for 929 N Stanley Avenue

Bedrooms

Total Bedrooms12

Bathrooms

Half Baths0
Total Baths8
1/4 Baths
3/4 Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesCeilingFans
Laundry FeaturesCommonArea
LivingAreaSourceAssessor
Total Stories2

General for 929 N Stanley Avenue

Additional Parcels Y/NNo
Attached Garage No
Cap Rate5.25
Carport Y/NNo
CityWest Hollywood
Community FeaturesGated
CountyLos Angeles
DirectionsNorth of Melrose, East of Fairfax on Stanley Avenue
Electric On Property Y/NNo
Full Baths
Garage Y/NYes
Gross Income197812.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsMultiSplit
Lot Size Square Feet5769.0
Lot Size UnitsSquareFeet
MLS AreaC10 - West Hollywood Vicinity
MobileHomeRemainsYNNo
Net Operating Income124621.0
New ConstructionNo
Number Of Units Total8
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Security FeaturesGatedCommunity
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Year Built1963
Year Built SourceAssessor
ZoningWDR3C*

Exterior for 929 N Stanley Avenue

Building Area Total6334.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1324
Lot Size Area5769.0
Lot Size SourceAssessor
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesGarage
Private PoolNo
SpaNo
Total Parking8.0
WaterfrontY/NNo

Additional Details

Price History

Alexandra Eston

Sales Associate
Price $2,375,000
MLS#24443373
List Date 09/22/2024
Property Type Multi-Family
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