Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

2

Building size

2,338 sqft

Lot size

4,067 sqft

Year built

1922

Stories

2

Garage spaces

2

Style

Spanish

Heating

Floor Furnace

Cooling

None

Pool

None

View

None

Status

Active

Days on market

28

MLS #

246971780

About this property

Two Vacant Units | Prime WeHo Location | Owner-User Opportunity | WDR2 Development Potential Exceptional opportunity to acquire a rare West Hollywood duplex on a corner lot DELIVERED VACANT. BOTH UNITS! Ideally located with easy access to Melrose Ave, Santa Monica Blvd, the Sunset Strip and Fairfax Ave, placing some of LA's best dining, shopping and entertainment within easy reach. This highly walkable location is centrally positioned near Hollywood, Beverly Grove and Beverly Hills. Vacant delivery provides exceptional flexibility: live in one and rent the other at market rent, accommodate extended family, create separate work/guest space, or establish new rents for both units without inheriting existing tenancies. Situated on an approximately 4,067 SF WDR2-zoned lot, the property also presents compelling long-term potential for investors and developers to explore redevelopment, additional residential density and/or ADU possibilities. Whether envisioned as an owner-user duplex, income property, multi-generational residence, value-add investment or future development opportunity, 764244 Hampton offers the rare combination of vacancy, location, income potential and land value in the heart of West Hollywood. Buyer to independently verify zoning, density, ADU eligibility, State Density Bonus Law, SB 79 applicability, tenant/RSO history, demolition restrictions and all development possibilities with the City of West Hollywood. Offered at $1,725,000. Development, zoning, density, ADU and redevelopment possibilities are not guaranteed. Buyer and Buyer's representatives should independently verify all zoning, development standards, allowable density, incentives, permits and intended uses with the City of West Hollywood and other applicable governmental agencies.

Location

7642 Hampton Avenue

West Hollywood, Los Angeles, CA, 90046