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    1124 N Sherbourne Dr

    West Hollywood, CA 90069
    • $15,475,000
    • STATUS: Active
    • ON SITE: 37 days
    • ID#: 20-620370
    $15,475,000
    • 32
      BEDS
    • 0.33
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 25,650
      SQFT
    • $603
      $/SQFT
    Type:
    Multi-Family
    Built:
    1958
    County:

    School Ratings & Info

    Description

    Twenty-three (23) unit trophy apartment building located just half a block north of the world-famous Sunset Strip. Consists of eleven (11) one-bedroom/one-bathroom units, ten (10) two-bedroom/two-bathroom units, and two (2) incredible penthouse units each consisting of two bedrooms/two bathrooms with over-sized floor plans, outdoor decks, and breathtaking views. One of the penthouse units can be delivered vacant to a buyer and can be ideal for a potential owner-user. Recently significant upgrades and renovations include the elevator, lighting, pool/spa deck, exterior, painting, landscaping, and roofing. Eight (8) units have undergone major renovations including kitchen back-splashes, quartz counter-tops, new white or wood cabinetry, stainless steel appliances, and flooring. Approximately twelve (12) of the units have in-units have their own washer/dryers. Approx. twenty-eight (28) parking spaces. Significant upside a buyer can capture over time upon turnover of the non-renovated units.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-24T23:42:40.983. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.lydiagable.com/homes/109120716
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    1124 N Sherbourne Dr West Hollywood, CA 90069

    • Price: $15,475,000
    • Status: Active
    • ID#: 20-620370
    32
    Beds
    0
    Baths
    0
    ½ Baths
    0.33
    Acres
    25,650
    SQFT
    $603
    $/SQFT
    1958
    Built
    Neighborhood:
    Sunset Strip - Hollywood Hills West
    County:
    Los Angeles
    Area:
    Sunset Strip - Hollywood Hills West
    Property Description
    Twenty-three (23) unit trophy apartment building located just half a block north of the world-famous Sunset Strip. Consists of eleven (11) one-bedroom/one-bathroom units, ten (10) two-bedroom/two-bathroom units, and two (2) incredible penthouse units each consisting of two bedrooms/two bathrooms with over-sized floor plans, outdoor decks, and breathtaking views. One of the penthouse units can be delivered vacant to a buyer and can be ideal for a potential owner-user. Recently significant upgrades and renovations include the elevator, lighting, pool/spa deck, exterior, painting, landscaping, and roofing. Eight (8) units have undergone major renovations including kitchen back-splashes, quartz counter-tops, new white or wood cabinetry, stainless steel appliances, and flooring. Approximately twelve (12) of the units have in-units have their own washer/dryers. Approx. twenty-eight (28) parking spaces. Significant upside a buyer can capture over time upon turnover of the non-renovated units.
    Exterior Features

    Covered Parking 28 Lot Size Area 14592 Other Structures Other Parking Garage Garage Is Attached Pool Description Community Pool YN Yes Total Parking 28

    Interior Features

    Baths Total 33.00 Cooling Window Unit(S)Central Equipment Elevator Heating CentralWall Laundry CommunityIn Unit Laundry Equipment LeaseOwn

    Property Features

    Gross Income 756754 Gross Operating Income 756754 Like Units1 11 Like Units2 10 Like Units3 2 Net Operating Income 464098.00 Number Of Buildings 1 Number Of Units 23 Rent Control YN Yes Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Assessor Total Annual Expense 270032 Type Of Units Apts Year Built Source Vendor Enhanced Zoning Wdr4*

    Listing provided courtesy of Ardy Ishal DRE#01769601 of Brc Advisors- Bh.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-24T23:42:40.983. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    2945 Townsgate Road Suite 300
    Westlake Villiage CA, 91377