16185 W Sunset Blvd - Apartments FOR SALE


Pacific Palisades, CA 90272
$1,495,000 USD
818-501-4888
16185 W Sunset Blvd, Pacific Palisades, CA for Sale
$1,495,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

16185 W Sunset Blvd
Pacific Palisades, CA 90272


HIGHLIGHTS

  • Property to be sold by public auction Sun. Aug. 3, 2025 @ 10:00 A.M. AT THE OFFICES OF FLANS & WEINER, INC. 16200 VENTURA BLVD. #417 ENCINO,CA 91436
  • INSPECTIONS: SUNDAY, JULY 20 & 27 (11:00 A.M.-2:00 P.M.)
  • CONSERVATORSHIP SALE SUBJECT TO COURT CONFIRMATION / Registered agents/brokers must attend auction.
  • Please contact listing office or see listing office website for Auction Terms & Conditions, registration, & auction requirements.

OVERVIEW

CONSERVATORSHIP AUCTION!!! RARE OPPORTUNITY TO BUY AN 11 UNIT APARTMENT BUILDING, ON A CORNER LOT, WITH PARKING, IN THE PACIFIC PALISADES. ONE OF THE MOST ICONIC BEACH COMMUNITIES IN ALL OF SOUTHERN CALIFORNIA. CLOSE TO PACIFIC COAST HIGHWAY AND PALISADES VILLAGE. Property to be sold by public auction Sunday August 3, 2025 @ 10:00 A.M. SALE TO BE CONDUCTED AT THE OFFICES OF FLANS & WEINER, INC. 16200 VENTURA BLVD ,SUITE #417, ENCINO, CA 91436. Please contact listing office or see listing office website for Auction Terms & Conditions, registration, & auction requirements. Registered agents/brokers must attend auction. Buyer to verify all MLS info, including permits & uses, parking, bed/bath counts, square footage, Zoning, Utilities, schools, and their enrollment availability. Buyer is advised to investigate all aspects of the property & verify the accuracy of all information provided. No offers accepted prior to auction. Showing requests made through MLS portal will not be responded to. PLEASE SEE LISTING OFFICE WEBSITE FOR RENT ROLL (9 UNITS VACANT). OLD LEASE FOR ONE UNIT AVAILABLE UPON REQUEST. SUBJECT TO COURT CONFIRMATION. INCOME: UNIT #1 – STUDIO (1) BATHROOM – VACANT UNIT #2 – 1 BEDROOM, 1 BATHROOM – VACANT UNIT #3 – 1 BEDROOM, 1 BATHROOM – VACANT UNIT #4 – STUDIO (1) BATHROOM – $1,140 PER MONTH (MONTH TO MONTH) UNIT #5 – 1 BEDROOM, 1 BATHROOM – VACANT UNIT #6 – 1 BEDROOM, 1 BATHROOM – VACANT UNIT #7 – 1 BEDROOM, 1 BATHROOM – VACANT UNIT #8 – STUDIO (1) BATHROOM – VACANT UNIT #9 – 1 BEDROOM, 1 BATHROOM – $1,400 PER MONTH (MONTH TO MONTH) UNIT #10 – STUDIO (1) BATHROOM – VACANT UNIT #11 – 1 BEDROOM, 1 BATHROOM – VACANT

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$234 USD /SF

# OF UNITS

11

PRICE/UNIT

$135,909

CAP RATE

Request Cap Rate

% LEASED

18%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sunset Hills Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,218 SF

ZONING

-

APN/PARCEL ID

4420-002-012

ASK ABOUT THIS PROPERTY

Brian WeinerFlans & WeinerMore Info
818-501-4888

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Brian WeinerFlans & WeinerMore Info
818-501-4888

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