We are pleased to present a four (4) unit apartment building located at 1251 N Detroit Street in West Hollywood, California. The subject property is situated in a prime West Hollywood location, south of Fountain Avenue and west of N La Brea Avenue. Built in 1947, this property contains a good unit mix of two (2) one-bedroom / one-bathroom units and two (2) two-bedroom / one-bathroom units. The asset will be de livered completely vacant. Select units have also been renovated with new appliances, cabinets, windows, sinks, and in unit washer and dryer. This offering also includes RTI plans for a duplex consisting of two (2) three-bedroom / two-bathroom units that will be situated between the two existing structures. Tenants will love living within only a couple miles from the Sunset Strip, Hollywood Boulevard, and numerous fashion, art, and entertainment amenities that West Hollywood has to offer. The neighborhood attracts many young professionals given the film, fashion, and art industry presence in this location. Plenty of dedicated street parking is available. Situated in the coveted 90046 zip code, this offering presents an excellent opportunity for any investor to capitalize on a 100% vacant property with RTI plans for two additional units while still getting a highly levered residential loan.
Property Details
Price:
$2,250,000
MLS #:
24436081
Status:
Active
Baths:
0
Address:
1251 N Detroit Street
Type:
Residential Income
Neighborhood:
c10westhollywoodvicinity
City:
West Hollywood
Listed Date:
Sep 5, 2024
State:
CA
ZIP:
90046
Lot Size:
6,673 sqft / 0.15 acres (approx)
Year Built:
1947
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Schools
Interior
Heating
Wall Furnace
Exterior
Lot Features
Rectangular Lot, Landscaped
Parking Features
Street
Parking Spots
0.00
Pool Features
None
Spa Features
None
Stories Total
2
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City Lights
Financial
Map
Community
- Address1251 N Detroit Street West Hollywood CA
- AreaC10 – West Hollywood Vicinity
- CityWest Hollywood
- CountyLos Angeles
- Zip Code90046
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Courtesy of Marcus & Millichap. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
1251 N Detroit Street
West Hollywood, CA
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