For Sale
$2,425,000

929 Stanley AveWest Hollywood, CA 90046

8-unit building, high ROI potential.

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional 8-unit apartment building, located at 929 N. Stanley Ave in West Hollywood, CA 90046, presents a compelling investment opportunity. The property boasts 6,334 square feet on a 5,769 square foot lot, featuring a mix of four one-bedroom and four two-bedroom units, each averaging approximately 790 square feet. Built in 1963, this two-story building sits on a fee simple lot and offers gated parking for eight vehicles and on-site laundry facilities for tenant convenience. The current occupancy is 100%, with six of the eight tenants having moved in since 2019. The property features a private front yard and select units include private balconies. Utilities are separately metered for gas and electricity

Highlights

  • Offered for sale for the first time in over 38 years.
  • Assumable financing available at a 3.94% fixed rate until February 2027.
  • Recently renovated with six of eight units occupied since 2019.
  • Excellent unit mix: four one-bedroom and four two-bedroom units.
  • Spacious units averaging approximately 790 square feet.
  • Features a private front yard.

Property Details for 929 Stanley Ave

Property type
Apartment buildings
Square Feet
6,334 SF
Year Built
1963
Buildings
1
Stories
2
Units
8

Location Insight

City
West Hollywood
County
Los Angeles
State
California
Latitude
34.0880802
Longitude
-118.3566992
929 Stanley Ave, West Hollywood, California

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929 Stanley Ave
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