$ 1,400,000
-
$1,400,000
Price -
6
Bed -
6
Bath -
3,403
SqFt
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About the Listing CLW-X82195 - CLW-C141551,CLW-C143567
8991 Keith Avenue, a well-maintained 5-unit property located in the highly desirable Norma Triangle neighborhood of West Hollywood. This ultra prime location sits moments from both the Sunset Strip and Santa Monica Boulevard, placing residents steps from major retail, dining, and entertainment amenities in one of the strongest rental submarkets in Los Angeles. The property consists of two detached buildings with a diversified mix of (1) studio, (2) one-bedroom units, (1) two-bedroom / one-bath unit, and (1) two-bedroom / two-bath townhouse with in-unit laundry. The studio and the 2-bed / 1-bath unit in the back structure are currently both vacant. Additionally, the vacant 2+1 is mid-rehab, allowing a new owner to complete the improvements and bring the unit to market at top-of-market rent. In-place rents provide approximately 25% upside, offering investors a clear path to increasing revenue. Recent improvements include updated electrical panels, partial plumbing upgrades, and interior renovations in select units. There is also a one-car garage and one uncovered surface space, allowing parking for 2 cars, or 3 if one parks tandem. The property also has two large storage sheds behind the front structure.
Listing Highlights
Interior Details
- Bedrooms: 6
- Bathrooms: 6 Full
- Appliances: Dishwasher, Refrigerator, Washer
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Ceiling Fan(s)
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 3
- Zoning: WDR2*
- Roof:
- Others: 2+ Total Units
- Sewer:
- Parking Features: Door-Single,Driveway,Garage
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 4340015008
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
8991 Keith Ave West Hollywood, CA 90069
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