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8730-8736 Holloway Dr
West Hollywood, CA 90069
Multifamily Property For Sale
·
16 Units
Investment Highlights
- Prime Location: Situated steps from the iconic Sunset Strip, one of the most coveted neighborhoods in Los Angeles.
- Value-Add Potential: 7 vacant units offering immediate upside potential for the investor to capitalize on lease-up opportunities.
- Soft Story Retrofit Completed & Ample Parking: The property offers 16 parking spaces, including 12 covered spaces and 4 surface spaces
- Strong Rental Demand: Located in West Hollywood, a high-demand rental market.
- 7 units have been fully renovated with high-end finishes, including stainless steel appliances, hardwood floors, quartz countertops, & modern fixtures
- Rent Growth Opportunity: Renovated units at this property could command premium rents.
Property Facts
| No. Units | 16 | Building Size | 10,744 SF |
| Property Type | Multifamily | Average Occupancy | 56% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1950 |
| Building Class | C | Parking Ratio | 1.48/1,000 SF |
| Lot Size | 0.28 AC | ||
| Zoning | R4 - Residential | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 10,744 SF |
| Average Occupancy | 56% |
| No. Stories | 2 |
| Year Built | 1950 |
| Parking Ratio | 1.48/1,000 SF |
| Zoning | R4 - Residential |
Amenities
Unit Amenities
- Kitchen
- Hardwood Floors
- Stainless Steel Appliances
- Tub/Shower
- Quartz Countertops
Site Amenities
- 24 Hour Access
- Controlled Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 16 | - | 650 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,000,000 | |
| Land Assessment | $4,000,000 | Total Assessment | $5,000,000 |
Property Taxes
Parcel Numbers
Land Assessment
$4,000,000
Improvements Assessment
$1,000,000
Total Assessment
$5,000,000
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