969 LARRABEE STREET, WEST HOLLYWOOD, CA 90069

969 LARRABEE STREET, WEST HOLLYWOOD, CA 90069 2017-09-23T01:50:29+00:00

969 LARRABEE Street
West Hollywood, CA 90069

$6,195,000

Number of Units: 27
Type: Multi-Unit Residential
Listing #17266502
Terra Firma Realty, a Keller Williams Team is pleased to announce this Fantastic 16-unit multifamily property conveniently located on the world-famous Sunset Strip in West Hollywood directly next door to the trendy London Hotel. Building consisting of 14 one Bedrooms & 2 Single units with over 10,500 sq.ft. This mid-century modern building is the perfect opportunity for an investor to give it some much needed TLC, or build new on top of its double sized lot - 12,500 sqft. Rents are currently well below market value for the area & there are 3 units currently vacant for the sale. There's plenty of upside whether you decide to renovate or tear down & build new. Buyers to cooperate with Seller's 1031 exchange at no additional cost to Buyer. *** Do not disturb tenants *** Call L/A's for all information *** Unit 14 1 Bedrm = $991.57, Unit 15 1 Bedrm = $1868.00, Unit 16 1 Bedrm. = $0 (Vacant)
Property Features
Location Information
County: Los Angeles
MLS Area: West Hollywood Vicinity
Directions: Just South of Sunset Blvd. / West of La Cienega Blvd.
Interior Features
Laundry: Community, See Remarks
Total Number of Units: 27
Exterior Features
Parking Description: Assigned
Has a Pool: yes
Pool Description: Community Pool
Lot Size in Acres: 0.28
Approximate Size (Sq. Ft.): 10, 512
Lot Size in Sq. Ft.: 12, 502
Zoning: WDR4*
Additional Information
Property Type: RI
Year Built: 1959
APN: 4339017034
Status: Active
HOA Fee: 0
Listing Agent CA BRE #: 1188918
Co-Listing Agt CA BRE #: 1935424
List Date: 2017-09-05 00:00:00.0


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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Listing Agent: Derek Andrews
Keller Williams Beverly Hills
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©2017 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of September 22, 2017 4:28 PM PT The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.