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739 Westbourne Dr
West Hollywood, CA 90069

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Property Details


List Price: $3,150,000
Beds: 7
Baths: --
Status: Active
SqFt: 3638
Agency: Coldwell Banker Realty

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Description/Comments


Lot Size: --
Property Type: Residential
Year Built: 1937
Notes: Located at the intersection of Westbourne and Sherwood Dr., this property offers a compelling investment opportunity in the heart of West Hollywood. It currently consists of two 1-bedroom, 1-bathroom units, each currently leased for $3,000 per month. Additionally, there are two 2-bedroom, 1-bathroom units undergoing extensive renovations, with an expected completion date of March 29th, 2024, and a projected monthly rental income of $4,850 per unit. This property includes an Accessory Dwelling Unit (ADU) with approved plans and permits, encompassing approximately 500 sqft and designed as a 1-bedroom, 1-bathroom unit. This Property consists of a total of 5 units, 7 bedrooms and 5 bathrooms. This project offers flexibility, allowing it to be delivered either as a completed product or for collaboration with a prospective buyer to add finishing touches after the close of escrow. The property is located in close proximity to West Hollywood City Hall, the Los Angeles County Sheriff Station, the Pacific Design Center, Melrose Place, and Melrose shops. Don't miss this exceptional opportunity in a highly sought-after location!
MlsNumber: 23-307640


Listing Provided By: Coldwell Banker Realty, original listing
Name: Coldwell Banker Realty
Phone: (800) 500-4053
Office Name: Coldwell Banker Realty
Office Phone: (310) 777-6200
Agent Name: Yar Meshkaty
Disclaimer: Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


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