Homes for sale - 1251 N Detroit St, West Hollywood, CA 90046

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Peter Lorimer

peter@plgestatesinc.com +1(310) 666-7383

$ 1,950,000

Est. payment | -/mo

6 Beds

4 Baths

2,984 SqFt

Save

$ 1,950,000

Est. payment | -/mo

Save

6 Beds

4 Baths

2,984 SqFt

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

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Marcus & Millichap

Making real estate fast, fun, and stress-free!

+1(310) 666-7383

peter@plgestatesinc.com

1251 N Detroit St West Hollywood, CA 90046