1141 Hacienda Pl - Apartments FOR SALE


West Hollywood, CA 90069
$3,850,000 USD
310-202-9166
1141 Hacienda Pl, West Hollywood, CA for Sale
$3,850,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

1141 Hacienda Pl
West Hollywood, CA 90069


OVERVIEW

12-unit West Hollywood multifamily opportunity featuring 2.69% interest-only assumable financing through December 2030. The property offers strong in-place income with an approx. cash on cash return above 6.71%, a 12.78 GRM and 4.77% cap rate, equating to approximately $320,833 per unit and $401 per square foot. Built in 1959, this low-density mid-century asset provides classic Los Angeles character and clear cosmetic value-add potential. Located within walking distance to Sunset Blvd, Melrose Ave, and Santa Monica Blvd, the property consistently attracts quality tenants in a highly desirable rental submarket. Assumable financing enhances returns and reduces acquisition debt risk.

FOR SALE DETAILS

PRICE

$3,850,000 USD

PRICE/SF

$219 USD /SF

# OF UNITS

12

PRICE/UNIT

$320,833

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,617 SF

ZONING

R4, West Hollywood

APN/PARCEL ID

5555-004-071

ASK ABOUT THIS PROPERTY

Dave MillerMiller & Desatnik Realty Corp.More Info
310-202-9166

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Dave MillerMiller & Desatnik Realty Corp.More Info
310-202-9166

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.