$2,450,000
$1,875,000
30.7%For more information regarding the value of a property, please contact us for a free consultation.
6,551 Sqft Lot
SOLD DATE : 07/27/2022
Key Details
Sold Price $2,450,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB22100681
Sold Date 07/27/22
HOA Y/N No
Year Built 1926
Lot Size 6,551 Sqft
Property Description
This 1926 architectural beauty sits majestically on the corner of N La Jolla and Romaine Street in West Hollywood. The property consists of two buildings. The front facing building on N La Jolla (addresses 950 and 952 N La Jolla) consists of two 2 bedroom units with identical floorplans, one on the 1st floor and one on the 2nd floor. These units feel spacious with approximately 1,100 sq feet of living space. They each have a living room, dining room, and office. There is a laundry room off the kitchen, and two bedrooms that share a full bathroom. These units have hardwood floors, high cove ceilings, a ton of windows, balconies and outdoor spaces.
The back building, which faces Romaine Street, houses four 1 car garages (only one of which is included in a lease). Above the garages are two 1 bedroom units (8214 and 8216 Romaine St) that share only one wall. With approximately 850 sq ft, these units offer spacious living with an eat-in kitchen, and large living room and bedroom. These units also have hardwood floors and high ceilings. Lots of windows bring in great light. The back building has a storage room and “workshop” on the 1st floor that are currently being used by the owners. Between the buildings is a courtyard area shared by the tenants. All units are registered with West Hollywood RSO. This property offers immediate upside income potential; one of the 1 bedroom units is waiting to be remodeled and put on the market at current rents. This is an amazing opportunity to own an investment property in a great area of West Hollywood close to shops and restaurants.
Location
State CA
County Los Angeles
Area C10 - West Hollywood Vicinity
Interior
Interior Features Balcony, High Ceilings
Heating Forced Air, Natural Gas, Wall Furnace
Flooring Wood
Fireplaces Type Living Room
Fireplace Yes
Laundry Inside, Laundry Room
Exterior
Parking Features Garage
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Curbs, Sidewalks, Park
Utilities Available Natural Gas Connected
View Y/N No
View None
Accessibility Safe Emergency Egress from Home
Total Parking Spaces 4
Private Pool No
Building
Lot Description Corner Lot, Lawn, Near Park, Near Public Transit
Story Two
Entry Level Two
Foundation Raised, Slab
Sewer Public Sewer
Water Public
Architectural Style Spanish
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5529017001
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Submit
Listing Terms Submit
Financing Conventional
Special Listing Condition Standard
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Bought with Jack Holwahjian • Huntington Group
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Broker Associate, MBA | Lic# 01774767