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501 N San Vicente Blvd

West Hollywood, CA 90048
  • $5,350,000
  • STATUS: Active
  • ON SITE: 17 Days
  • ID#: 21-789366
UPDATED: 49 min ago
$5,350,000
  • 11
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,570
    SQFT
  • $961
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1975
County:

School Ratings & Info

Description

2 buildings on side by side lots with modern units all VACANT in the heart of West Hollywood. 6 fully furnished and ready to be rented at full market rents, or great family compound. 2 parcels, 6 units plus a non-conforming one bedroom w/loft (buyer to do their own investigations) for a total of 7 units. 8 parking spaces inside two gated entrances. Penthouse unit is 2 bedroom 2 bath, 1350 square feet with loft and would make a great Owners Unit; fully furnished with modern furnishings, and ready to go. All have washer & dryers, all vacant, pick your own rents and tenants, next to Cedars Sinai and the Pacific Design Center, one block from Melrose and the Robertson Design District. Future upside as both buildings have Tenant In Common paperwork so units can be sold as individual units at any time in the future. Buildings were totally renovated 8 years ago with top quality materials (PVC roofs), very low maintenance, and everything separately metered including water. Incredible investor opportunity to own beautiful modern units in excellent condition with great upside potential.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-17T22:42:21.917. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.theparsonsrealestateteam.com/homes/121921614
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501 N San Vicente Blvd West Hollywood, CA 90048

  • Price: $5,350,000
  • Status: Active
  • Updated: 49 min ago
  • ID#: 21-789366
11
Beds
0
Baths
0
½ Baths
0.19
Acres
5,570
SQFT
$961
$/SQFT
1975
Built
Neighborhood:
West Hollywood Vicinity
County:
Los Angeles
Area:
West Hollywood Vicinity
Property Description
2 buildings on side by side lots with modern units all VACANT in the heart of West Hollywood. 6 fully furnished and ready to be rented at full market rents, or great family compound. 2 parcels, 6 units plus a non-conforming one bedroom w/loft (buyer to do their own investigations) for a total of 7 units. 8 parking spaces inside two gated entrances. Penthouse unit is 2 bedroom 2 bath, 1350 square feet with loft and would make a great Owners Unit; fully furnished with modern furnishings, and ready to go. All have washer & dryers, all vacant, pick your own rents and tenants, next to Cedars Sinai and the Pacific Design Center, one block from Melrose and the Robertson Design District. Future upside as both buildings have Tenant In Common paperwork so units can be sold as individual units at any time in the future. Buildings were totally renovated 8 years ago with top quality materials (PVC roofs), very low maintenance, and everything separately metered including water. Incredible investor opportunity to own beautiful modern units in excellent condition with great upside potential.
Exterior Features

Carport Spaces Total 3 Covered Parking 3 Cross Streets Melrose And Robertson Direction Faces East Exterior Construction Stucco Levels Two Lot Description Single LotFencedExterior Security LightsAutomatic Gate Lot Location City Lot Size Area 8348 Other Structures None Parking Garage CarportAssignedAuto Driveway GateGatedCarport AttachedCovered ParkingDriveway - ConcretePrivate Patio Features BalconyRoof Top DeckPatio Open Pool Description None Pool YN No Roof Flat Spa None Spa YN No Sprinklers None Style Modern Tennis Court None Total Parking 8 View Description City View YN Yes Water Frontage None

Interior Features

Bathroom Features Shower And TubRemodeledLow Flow Toilet(S)Low Flow Shower(S) Baths Total 11.00 Bedroom Features Walkincloset Common Walls Attached Cooking Appliances Free Standing GasRangeRange Hood Cooling Central Den No Dining Room Yes Equipment Stackable W/D HookupRange/OvenGarbage DisposalDishwasherHood FanRefrigeratorBuilt-Ins Family Room No Fireplace Rooms None Flooring Vinyl Heating Central Interior Features Built-InsTurnkeyCommon WallsDrywall Walls Kitchen Features RemodeledOpen To Family RoomStone Counters Laundry In UnitIn Closet Laundry Equipment Own Rooms Dining RoomLiving RoomMaster Bedroom Water Heater Features Tankless Windows SkylightsDouble Pane Windows

Property Features

Amenities Controlled AccessAssoc Maintains Landscape Assessed Total Value 694763 Association Fees Include InsuranceSewerBuilding And Grounds Complex Name The San Vicente Disability Access None Gross Income 0 Gross Operating Income 0 Like Units1 4 Like Units2 2 Like Units3 1 Net Operating Income 0.00 Number Of Buildings 2 Number Of Units 6 Property Condition Updated/Remodeled Rent Control YN Yes Sale Type Standard Security Features GatedCard/Code AccessExterior Security LightsSmoke Detector24 Hour Sewer In Connected And Paid Source Living Area Owner Source Lot Size Area Owner Total Annual Expense 0 Type Of Units Residential Water DistrictMeter On Property Water Heaters YN Yes Year Built Source Assessor Zoning Wdr1b*

Listing provided courtesy of Will Tiao DRE#01918965 of The Collective Realty.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-17T22:42:21.917. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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