1141 Hacienda PLWest Hollywood, CA 90069
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.
- Property Type:
Residential Income
- Architectural Style:
- Bedrooms:
14
- Bathrooms:
14
- Dwelling Size:
9,581 SqFt
- Lot Size:
0.17 Acres
- Lot Description:
- Stories:
- Year Built:
1959
- Interior Features:
- Exterior Features:
- Parking:
Garage or Parking Spaces:
Features: Gated
- Area:
C10 - West Hollywood Vicinity
- Views:
- Schools:
- HOA:
- Senior Community:
False
- Heating:
Wall Furnace
- Cooling:
- Appliances:
Refrigerator
- Fireplace:
Fireplace(s):
Features:
- Accessibility:
- Security Features:
- Foundation:
- Roof: