739 Westbourne Drive
739 Westbourne Drive
$3,150,000
7
5
3,638
3,638
$866
Description
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...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!
- Listed by Yar Meshkaty • DRE #01060780 • Brokerage DRE #01464847 • Coldwell Banker Realty
Property Details for 739 Westbourne Drive
Zoning
WDR2*
Parcel Number4337011062
Total Units4.0
Living Area3638
Source Living AreaPlans
AreaWest Hollywood Vicinity (C10)
Vacancy Rate3
Lot Size Area6174
Location
LISTING UPDATED: 03/30/2024 07:42 AM
Property Details for 739 Westbourne Drive
Status | Active |
---|---|
MLS # | 23-307640 |
Days on Market | 235 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1937 |
Lot Size | 0.14 AC / 6,174 SF |
County | Los Angeles County |
Location
Building Information for 739 Westbourne Drive
Stories2Residences-Year Built1937Building Size-Lot Size0.14 AC / 6,174 SF
Payment Calculator
$18,799 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 739 Westbourne Drive
Property History for 739 Westbourne Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 739 Westbourne Drive
Taxable ValueLand$1,100,754Additions$319,571Total$1,420,325
Tax Record2023$19,302 ($1,608 / month)
Home Facts
Total Finished SqFt3,138 SqFtAbove Grade Finished SqFt3,138 SqFtLot Size6,172 SqFtStyleQuadraplexYear Built1937ZoningWDR2*CountyLOS ANGELESAPN4337-011-062
Schools near 739 Westbourne Drive
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 7 to 12 |
Rating | School | Distance |
---|---|---|
Hubert Howe Bancroft Middle School Public6 to 8 | ||
Fairfax Senior High School Public9 to 12 | ||
West Hollywood Opportunity School Public7 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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