Views
Address
1251 N Detroit Street West Hollywood, CA
Price
$ 1,649,000
Property Attributes
- ML#21692642
- TypeIncome
- CountyLOS ANGELES
- CityWest Hollywood
- AreaWest Hollywood Vicinity
- Zip90046
- Style
- Price$ 1,649,000
- Bedrooms4
- Full Bathrooms4
- Half Bathrooms0
- Lot Size6,098 SqFt
Listing Provided Courtesy Of:
Josh 'Afi' Afighom with Josh "Afi" Afighom.
Data Source:
CRMLS
Property Description
We are pleased to present this rare opportunity to build OR operate the turnkey 4-unit property located in prime WEST HOLLYWOOD. Zoning is R3C which allows to build up to 45 Feet. The property is currently situated on a 6,724 SF lot, consisting of (4) one-bed/one-bath units, & generating ~$51,400/year (including market rental of 1 unit to be delivered VACANT), which helps offset carry costs, during a developer's entitlement period OR provides cash flow for this turnkey investment rental property. ***The current owner has schematic designs for the opportunity to build 5-8 luxury condos w/ combined building area of about 9,500 SF in one of the trendiest blocks of West Hollywood.*** The design proposes each unit comprising of individual private rooftop decks providing for extended views and social space for outdoor living. The vacant lot next door provides developers tremendous opportunity to combine properties creating a more cost effective project. The area is experiencing significant redevelopment (w/ numerous properties currently in the process of development) with an emphasis on the 1100 and 1200 blocks of Detroit Street. With a walk score of 90, the property is in close proximity to local restaurants and shops, Sunset Strip, Hollywood, Melrose, Pacific Design Center, Cedars Sinai & Beverly Hills.
| Price History | |
|---|---|
| 3/16/2021 | Listed $1,649,000 |
General Features
| MLS Area | C10 - West Hollywood Vicinity |
|---|---|
| Property Type | Residential Income |
| Total Units | 4 |
| Zoning | WDR3C* |
Exterior Features
| Lot Size Acres | 0.14 |
|---|---|
| Lot Size Area | 6443 |
| Lot Size Square Feet | 6443 |
| Lot Size Units | Square Feet |
| Number of Buildings | 2 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 90046
Price
Visits
Year Built
Walkscore
Based on information from California Regional Multiple Listing Service, Inc. as of April 11, 2021 5:35 AM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Last updated: April 11, 2021 5:35 AM UTC Property Information © 2021 
Bridge MLS© 2021, Bay East© 2021. CCAR© 2021. EBRD© 2021. Information deemed reliable but not guaranteed. This information is being provided by the Bay East MLS or CCAR MLS or EBRD MLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Data Updated: April 11, 2021 5:35 AM UTC
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Based on information from California Regional Multiple Listing Service, Inc. as of April 11, 2021 5:35 AM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
