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Multifamily at 1235 N Detroit Street
$4,500,000
1235 N Detroit Street
West Hollywood, Los Angeles, 90046
Active · 8 days on market

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
22
Building size
8,224 sqft
Lot size
12,999 sqft
Year built
1940
Stories
2
Status
Active
Days on market
8
MLS #
247441528

About this property

Situated near the intersection of Santa Monica Boulevard and La Brea Avenue, the three separate buildings are contained within one large 12,999 square foot parcel zoned WDR3C. Having earned a high Walk Score of 94 along with the title of "Walker's Paradise," the property allows tenants convenient access to several famous local neighborhoods and attractions. The Grove and The Original Farmers Market, along with The Beverly Center, the Sunset Strip, the Hollywood Bowl, and the Hollywood Walk of Fame are all within a short distance. Residents can also easily reach nearby Beverly Hills, Hancock Park, and Hollywood. According to recent reports from Niche.com, West Hollywood ranked #1 out of 111 neighborhoods in Los Angeles County among the Best Suburbs for Young Professionals, and ranked #2 in the entire state of California. With 80% of the West Hollywood population residing in rental housing, both occupancy rates and rents remain boosted in dense rental neighborhoods such as the area surrounding 1235-1239 N Detroit Street.

Location

1235 N Detroit Street

West Hollywood, Los Angeles, CA, 90046

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

1235 N Detroit St, West Hollywood CA | Multifamily for Sale