West Hollywood, CA 90069,8730 Holloway Dr
West Hollywood, CA 90069,8730 Holloway Dr
West Hollywood, CA 90069,8730 Holloway Dr
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$5,605,000
Est. payment /mo
16 Beds
16 Baths
10,744 SqFt
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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


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TheMLS (CLAW)
Listed by Paloma Realty Partners, Inc.

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Name

Phone*

Message

Kirshner Elkin Properties

+1(424) 214-0133

hello@kirshnerelkinproperties.com

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