Active

1047 N Sierra Bonita AVE Unit: 13

WEST HOLLYWOOD CA, 90046

$6,495,000


$942.94 per sqft

Active

7 Beds

6,888 sqft

Condo

Built in 1955

Once in a lifetime, 100% Vacant & Renovated 13 Units in West Hollywood cash flowing at an incredible 5.5% Cap Rate and 13.2 GRM. Priced at only 499k/door for units that have been completely remodeled from the studs with permits and boast a high-end aesthetic with new modern cabinets, flooring, recessed lighting, new bathrooms, new Mini Split AC systems, stainless steel appliances, washer/dryer inside, as well as major exterior capital improvements. On top of that, all the major systems have been updated including roof, electrical, plumbing, windows, HVAC, soft-story, etc. The unit mix provides unparalleled versatility with 5 (2bed/1bath) units, 6 (1bed/1bath) units, and 2 (studio/1bath) units. Each unit is individually metered for gas and electricity, ensuring convenience and efficiency. Potential for short-term vacation rental (Airbnb & Vrbo) or longer-term furnished rentals to maximize income even further. Excellent West Hollywood location minutes from The Grove, Sunset Strip, and Beverly Hills.

SR24040462MR

MLS ID

February 27, 2024

Listed

March 18, 2024

Updated

Map

1047 N Sierra Bonita AVE Unit: 13
WEST HOLLYWOOD CA, 90046

Interior Features

Total Stories

2


Bedrooms

7 Beds


Laundry Description

Laundry Closet Stacked, Stackable W/D Hookup, Washer Hookup


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.15 Acres


Sewer

Not Available, Public Sewer

Other Property Details

Area Name

West Hollywood Vicinity


Days on Market

2


Garage

No


Parking Total

5


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

WDR3C*

Listed by Alexander Yerekhman with Century 21 Hollywood
Listing Contact: 818-416-0309 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Ramey Ward | CA DRE# 01456908 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 3/18/2024

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