8005 Waring Avenue

    Los Angeles (City), CA 90046
    • $2,200,000
    • STATUS: Active Under Contract
    • ON SITE: 44 days
    • ID#: 19496554
    Under Contract
    $2,200,000
    • 10
      BEDS
    • 0.15
      ACRES
    • 10
      BATHS
    • 0
      1/2 BATHS
    • 6,478
      SQFT
    • $340
      $/SQFT
    Type:
    Multi-Family
    Built:
    1968
    County:

    School Ratings & Info

    Description

    8005 Waring Ave is a 6-unit apartment building located in a Prime Los Angeles, just south of Santa Monica Blvd and east of Crescent Heights Blvd. The subject property is a two-story building, offering 6,478 of rentable SF and is situated on a 6,549 SF lot.This is the first time in 47 years that Waring has been on the market. Situated just outside of West Hollywood, near Melrose Fashion District,Waring is in the heart of one of Los Angeles's most popular neighborhoods. The unit mix is composed of two (2), one-bed / one-baths, one (1), one-bed / two-bath, two (2), two-bed / two-baths, and one (1), three-bed / two-baths. The property features on-site parking and laundry facilities.8005 Waring Ave will appeal to any savvy investor looking to acquire a property with a value add component, in a highly sought-after WestHollywood submarket.

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    Based on information from CARETS as of 2019-09-18T23:49:09.137. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.lydiagable.com/homes/97611112

    8005 Waring Avenue Los Angeles (City), CA 90046

    • Price: $2,200,000
    • Status: Active Under Contract
    • ID#: 19496554
    10
    Beds
    10
    Baths
    0
    ½ Baths
    0.15
    Acres
    6,478
    SQFT
    $340
    $/SQFT
    1968
    Built
    Neighborhood:
    West Hollywood Vicinity (C10)
    County:
    Los Angeles
    Area:
    West Hollywood Vicinity (C10)
    Property Description
    8005 Waring Ave is a 6-unit apartment building located in a Prime Los Angeles, just south of Santa Monica Blvd and east of Crescent Heights Blvd. The subject property is a two-story building, offering 6,478 of rentable SF and is situated on a 6,549 SF lot.This is the first time in 47 years that Waring has been on the market. Situated just outside of West Hollywood, near Melrose Fashion District,Waring is in the heart of one of Los Angeles's most popular neighborhoods. The unit mix is composed of two (2), one-bed / one-baths, one (1), one-bed / two-bath, two (2), two-bed / two-baths, and one (1), three-bed / two-baths. The property features on-site parking and laundry facilities.8005 Waring Ave will appeal to any savvy investor looking to acquire a property with a value add component, in a highly sought-after WestHollywood submarket.
    Exterior Features

    Parking Features Gated Parking Spaces Total 6

    Interior Features

    Cooling Type Other Heating Type Other Interior Features Other Total Floors 2 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Unfurnished Unit Furnished04 Unfurnished Unit Furnished05 Unfurnished Unit Furnished06 Unfurnished Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 2.0 Unit Number Of Bath02 2.0 Unit Number Of Bath03 2.0 Unit Number Of Bath04 1.0 Unit Number Of Bath05 1.0 Unit Number Of Bath06 2.0 Unit Number Of Bed01 1 Unit Number Of Bed02 3 Unit Number Of Bed03 2 Unit Number Of Bed04 1 Unit Number Of Bed05 1 Unit Number Of Bed06 2

    Property Features

    Adjusted Gross Income 121032.00 Cap Rate 3.01 Country United States Of America Expense Total Annual 51212.00 Gross Operating Income 117401.00 Gross Rent Multiplier 18.18 Hoa YN N Legal Disclosures Take Property As Is Lot Size Source Vendor Enhanced Net Operating Income 66189.00 Number Of Buildings 1 Special Conditions Standard Sale Square Footage Source Vendor Enhanced Unit Monthly Rent01 1367.00 Unit Monthly Rent02 3500.00 Unit Monthly Rent03 1460.00 Unit Monthly Rent04 1238.00 Unit Monthly Rent05 1372.00 Unit Monthly Rent06 1098.00 Unit Projected Total Monthly Rent01 2200.00 Unit Projected Total Monthly Rent02 3600.00 Unit Projected Total Monthly Rent03 2700.00 Unit Projected Total Monthly Rent04 2000.00 Unit Projected Total Monthly Rent05 2000.00 Unit Projected Total Monthly Rent06 2700.00 Unit Total Monthly Rent01 1367.00 Unit Total Monthly Rent02 3500.00 Unit Total Monthly Rent03 1460.00 Unit Total Monthly Rent04 1238.00 Unit Total Monthly Rent05 1372.00 Unit Total Monthly Rent06 1098.00 Unit Type01 1 Unit Type02 1 Unit Type03 1 Unit Type04 1 Unit Type05 1 Units Total In Complex 6 Zoning Lar3

    Listing provided courtesy of Saadia Liberow DRE#01933858 of Marcus & Millichap.


    Based on information from CARETS as of 2019-09-18T23:49:09.137. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
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    2945 Townsgate Road Suite 300
    Westlake CA, 91361