Active
1045 N Harper Ave West Hollywood, CA 90046
$6,800,000
21 beds
0 baths
11,658 sq ft

Courtesy of Marcus & Millichap 818-212-2700

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Laura Alice Scaturro

Laura Alice Scaturro

Founder

DRE# 01942167

Property Description

We are pleased to present the opportunity to acquire 1045 N. Harper Avenue, a 15 – unit apartment building located in prime West Hollywood, California. The property offers investors a unique value -add opportunity with over 60% of the units being delivered vacant and ready to renovate at the close of escrow. The subject property, built in 1963 consists of nine (9) one-bedroom/one-bathroom units, and six (6) two-bedroom/two-bathroom units. The upper floors have incredible views of either the Hollywood Hills, or the City, and select units have private patios. Its 6,981 square foot lot is located within a highly desirable neighborhood in West Hollywood. It is within walking distance to Santa Monica Boulevard and provides convenient access to daily errands, retail, restaurants, and entertainment venues. The subject property allows an astute investor to acquire an exceptionally well-located property and immediately begin to reposition the asset without the challenges of having to relocate tenants.

Property Details & Features

Year Built

  • 1963

Bathrooms

  • 21.00 total bathrooms

Bedrooms

  • 21 total bedrooms

House

  • 11,658 sq ft
  • Built in 1963

Cooling

  • Wall Unit(s)

Disclosures

  • None

Exterior Features

  • Stucco

Garage

  • None

Heating

  • None

Listing

  • ListDate: 2021-10-07
  • PricePerSqFt: $583
  • 55 days on market

Location

  • County: Los Angeles
  • ListingArea: West Hollywood Vicinity

Lot

  • LotAcreage: 0.1603
  • LotSizeArea: 6,982

Parking

  • TotalParking: 15

Property

  • NumberOfUnits: 15
  • Zoning: WDR3A*

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