Reduced 400k! Value Add 11 units! Once in a lifetime 100% Vacant 9 Units + 2 Approved ADUs in Prime West Hollywood priced at only 435k/door for vacant units. Value add opportunity with a huge upside to 6.1% Cap Rate and 12.8 GRM after renovations. Excellent location minutes from The Grove, Sunset Strip, and Beverly Hills. Potential to reconfigure the layouts to create additional beds and baths to have a more favorable unit mix and maximize rents. Approved plans to create 2 attached ADUs within the existing building footprint. Please see Financials & Preliminary ADU Plans in the Docs section. Price/Unit, Cap Rate, & GRM are based on Total Price for sake of conservatism, which includes construction costs of ADUs. Individually metered for Gas & Electricity.
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