Sold

309 S Hamel Road

Los Angeles CA, 90048

$3,000,000


$541.52 per sqft

Sold

8 Beds

9 Baths

5,540 sqft

Multi-family

Built in 1962

Listed by Michael Monempour with Kidder Mathews of California, Inc. 858-369-3010

** Being Offered with 8700 West Third Street (Adjacent Parcel) - The offering is a very well maintained 8 Unit Apartment Building located in Prime Beverly Grove adjacent to Beverly Hills & West Hollywood. This Turn Key Asset features 8 Units, all of which have been fully remodeled with stainless steel appliances, hardwood floors, granite counter tops & in unit washer + dryer. There is an excellent unit mix consisting of Seven 1B/1B & One 1B/2B Unit. There is ample parking available and all tenants are on Month to Month tenancy. Rents are up to market with only 15% Upside. Property is under Los Angeles Rent Control. This is a rare opportunity for an investor to acquire a Turn Key Asset in an Ultra Prime Location along with the adjacent Parcel as a Rare Covered Land Play with the potential to build a Mix Used Development in the future. * Contact Agent for information on Other Parcel.

23296708

MLS ID

August 1, 2023

Listed

November 4, 2023

Updated

Map

309 S Hamel Road
Los Angeles CA, 90048

Interior Features

Total Stories

2


Bedrooms

8 Beds


Bathrooms

9 Baths


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.15 acres

Other Property Details

Days on Market

20


Garage

No


Parking

Driveway Down Slope From Street


Parking Total

8


View

No


County

Los Angeles


Pool

No

Listing History

Date

Event

Price

11/3/2023

Price Change

$3,000,000

-25%

11/3/2023

Sold

8/21/2023

Pending

Listing Contact: 858-369-3010 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/4/2023. 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.

©2023 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 11/4/2023 at 12:07 AM UTC

 

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