8730 Holloway Dr new Save Request In-Person Tour Request Virtual Tour
West Hollywood,CA 90069
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 10,744 sqft
Price per Sqft $521
MLS Listing ID 25586183
Bedrooms 16
Year Built 1950
Lot Size 0.280 Acres
Acres 0.28
Property Sub-Type Multi-Family
Property Description
Paloma Realty Partners is proud to present 8730-8736 Holloway Drive, a 16-unit value-add multifamily offering located in the heart of West Hollywood just steps from the world-famous Sunset Strip. This is a rare opportunity to acquire two adjacent eight-unit buildings on separate APNs totaling 10,744 SF of rentable space, situated on a 12,014 SF lot. The property features a mix of renovated and classic one-bedroom units, with seven current vacancies. Investors have immediate lease-up potential and the ability to capitalize on West Hollywood's premium rental rates, which range from $2,750 to $3,250 for similar units. The property comes with 16 parking spaces(12 covered, 4 open) and is located within walking distance to popular hotspots, keeping the neighborhood in high demand among affluent renters.
Location
State CA
County Los Angeles
Area West Hollywood Vicinity
Zoning WDR4*
Rooms
Other Rooms None
Interior
Heating None
Cooling Air Conditioning
Equipment Dishwasher, Dryer, Washer
Exterior
Parking Features Covered Parking
Garage Spaces 16.0
Building
Lot Description 2-4 Lots
Story 2
Level or Stories Two
Others
Special Listing Condition Standard