1251 N Detroit St Active Save Request In-Person Tour Request Virtual Tour
West Hollywood,CA 90046
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,984 sqft
Price per Sqft $653
MLS Listing ID 24-436081
Style Craftsman
Bedrooms 6
Construction Status Updated/Remodeled
Year Built 1947
Lot Size 6,673 Sqft
Acres 0.1532
Property Description
We are pleased to present a four (4) unit apartment building located at 1251 N Detroit Street in West Hollywood, California. The subject property is situated in a prime West Hollywood location, south of Fountain Avenue and west of N La Brea Avenue. Built in 1947, this property contains a good unit mix of two (2) one-bedroom / one-bathroom units and two (2) two-bedroom / one-bathroom units. The asset will be de livered 75% vacant. Select units have also been renovated with new appliances, cabinets, windows, sinks, and in unit washer and dryer. This offering also includes RTI plans for a duplex consisting of two (2) three-bedroom / two-bathroom units that will be situated between the two existing structures. Tenants will love living within only a couple miles from the Sunset Strip, Hollywood Boulevard, and numerous fashion, art, and entertainment amenities that West Hollywood has to offer. The neighborhood attracts many young professionals given the film, fashion, and art industry presence in this location. Plenty of dedicated street parking is available. Situated in the coveted 90046 zip code, this offering presents an excellent opportunity for any investor to capitalize on a 75% vacant property with RTI plans for two additional units while still getting a highly levered residential loan.
Location
State CA
County Los Angeles
Area West Hollywood Vicinity
Zoning WDR3C*
Rooms
Other Rooms Other
Interior
Heating Wall
Cooling Air Conditioning
Equipment Built-Ins
Laundry In Unit
Exterior
Parking Features On street
Pool None
View Y/N Yes
View City
Building
Lot Description Lot Shape-Rectangular, Landscaped, Single Lot
Story 2
Architectural Style Craftsman
Level or Stories Two
Construction Status Updated/Remodeled
Others
Special Listing Condition Standard