Sold
7634 Hampton Avenue
West Hollywood CA, 90046
$3,300,000
$536.24 per sqft
Sold
13 Beds
10 Baths
6,154 sqft
Multi-family
Built in 1955
Listed by Armin Soleimani with Global Platinum Properties, Inc. 818-524-0706
Huge 500k Price Reduction! 8 Unit building with 5 fully renovated units (3 vacant) in prime West Hollywood cash flowing at an amazing 5.5% Cap Rate and 12.9 GRM from day 1! 1 Attached (1bed/1bath) RTI ADU under construction which will improve the current financials to an incredible Current 6.2% Cap Rate, 11.6 GRM and only 377k/door after completion. Additional 24% upside to 7.2% Cap Rate and 10.4 GRM on the proforma. Diverse Unit Mix of 2 (2bed/1bath), 3 (1bed/1bath+den) and 3 (1bed/1bath) units. Individually metered for Gas & Electricity. RTI Plans for 1 Attached ADU in the storage area (Under Construction) + Prelim Plans for 2 Detached ADUs over the carport. All 5 units have been completely renovated and boast a high-end aesthetic with new modern cabinets, flooring, recessed lighting, new bathrooms, stainless steel appliances, washer/dryer inside, as well as major exterior capital improvements. This property is located in the heart of West Hollywood just minutes away from the iconic Sunset Strip, Beverly Hills, and within close proximity to many hip neighborhood attractions, restaurants, bars, and shops such as Delilah, Laurel Hardware, Employees Only, Bar Lubitsch, Formosa Cafe, and more popping up all around the area.
23285527
MLSⓇ ID
June 28, 2023
Listed
October 12, 2023
Updated
Map
7634 Hampton Avenue
West Hollywood CA, 90046
Interior Features
Total Stories
2
Bedrooms
13 Beds
Bathrooms
10 Baths
Interior Features
Ceiling Fan(s)
Appliances
Microwave, Refrigerator
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.15 acres
Other Property Details
Days on Market
44
Garage
No
Parking
Detached Carport
View
No
County
Los Angeles
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
10/11/2023 | Price Change | $3,300,000 -3% |
10/11/2023 | Sold | — |
8/31/2023 | Pending | — |
8/8/2023 | Price Change | $3,400,000 -6% |
7/21/2023 | Price Change | $3,595,000 -5% |
Listing Contact: 818-524-0706
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/12/2023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 10/12/2023 at 12:36 AM UTC