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Asking Price$599,000

  • Living 1967sqft
  • Taxes $8,712
  • Year Built 1973
  • Days on market:

    27 day(s)
  • Adjusted Area:

    1967 sqft
  • Original Price:

  • Price per sqft:

  • Tax Legal Description:

    FLAMINGO MANORS 46-35 B LOT 9 N1/2 BLK 4
  • Tax Year:

  • Property Type:

    Multi Family
  • Style:

  • Construction Type:

    Cbs Construction
  • Roof:

  • Cooling Description:

    Central Air
  • Heating Description:

  • Floor Description:

  • Lot Features:

    Less Than 1/4 Acre Lot
  • Type of Association:



$599,000 • living size area 1967 sqft

This 2 unit multifamily building is located in an extremely desirable area within west hollywood. the physical property consists of 1,967 leasable sf, well situated on a 6,372 sf lot. the property is currently 100% leased to 2 month to month tenants. the 2 bed and 1 bath apartment are leased at $1,500 per month and the 3 bed and 2 bath apartment is leased for $1,900 per month. the property is grossing $40,800 per year. the tenants pay all utilities. after all expenses this property is netting $27,532 per year providing an investor with a 4.6% actual capitalization rate at full asking price. month to month tenancy allows investor to raise rent post closing.

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