Address
990 Palm Avenue West Hollywood, CA
Price
$ 6,500,000
Property Attributes
  • MLS#21734512
  • TypeIncome
  • CountyLOS ANGELES
  • CityWest Hollywood
  • AreaWest Hollywood Vicinity
  • Zip90069
  • Style
  • Price$ 6,500,000
  • Bedrooms1
  • Full Bathrooms1
  • Half Bathrooms0
  • Lot Size12,477 SqFt
Listing Provided Courtesy Of:
Neema Ahadian with Marcus & Millichap
Data Source:
CLAW
Property Description

Built in 1951 and renovated in 2020, this 22-unit property is located in the premier West Hollywood neighborhood between Holloway Drive and Santa Monica Boulevard, a location featuring some of the city's most famous restaurants, bustling entertainment and nightlife scenes, local cafes, and boutique shopping destinations.990 Palm Avenue totals 9,158 SF featuring a unit mix that includes 21 singles and 1 one-bedroom. This turnkey investment provides an investor the opportunity to acquire a building with recent capital expenditures and zero deferred maintenance required. The subject property is being offered at a low price per square unit of $295,455.19 of 22 units have been recently renovated with gourmet kitchens featuring stainless-steel appliances (gas oven with designer range top, refrigerator, and microwave), quartz countertops and new cabinetry. The units also feature a designer bathroom with pedestal sink, stylish shower tiles, mirrored closet doors in the dresser area, wood inspired flooring in the living/bedroom area, sleek porcelain tiles in the kitchen and bathroom, large wall-to-wall and walk-in closets, and a designer lighting and finishes package.The building is set on a 12,477 SF lot with community amenities including controlled-access entry, a retreat courtyard with a firepit and barbecue...

Price History
5/20/2021 Listed $6,500,000

General Features

Appliances Microwave, Refrigerator
Flooring Carpet, Tile
Listing Agent Neema Ahadian - BRE#01346750
Listing Agent State License 01346750
MLS Area C10 - West Hollywood Vicinity
Property Type Residential Income
PropertyCondition Updated/Remodeled
Special Listing Conditions Standard
Status Active
Total Units 22
Zoning WDR4*

Interior Features

Laundry Features Common Area

Exterior Features

Lot Dimensions 50x250
Lot Size Acres 0.28
Lot Size Area 12477
Lot Size Square Feet 12477
Lot Size Units Square Feet
Number of Buildings 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90069

Price
AVG $4M
$6.5M
Visits
AVG 63
8
Year Built
AVG 1963
1951
Walkscore
AVG 90
93
Data Provided by Walkscore ® not using MLS data

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