7916 Santa Monica Blvd - Apartments FOR SALE
West Hollywood, CA 90046 |
7916 Santa Monica Blvd
West Hollywood, CA 90046
HIGHLIGHTS
- Walking distance to desirable amenities such as the Whole Foods on Santa Monica Blvd & Fairfax Ave, Delilah Los Angeles, Ysabel, and Laurel Hardware
- Incredible walk score of 97; four metro local line bus stops are located on the corner of Santa Monica Blvd & Fairfax Ave
- Dense, infill location with a population of over 826,000 in a five-mile radius
- Retail tenants benefit from the foot traffic along Santa Monica Blvd as well as the traffic volume of over 45,000 vehicles per day
- Opportunity to acquire a generational location with a diversified stream of income with retail and residential
- Substantial rental upside of over 102% in the residential rents, achievable over time with interior renovations as units turn
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
7696
STORIES
2
YEAR BUILT
1925
PARKING SPACES
5
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
5529-009-028
