832 Hilldale Avenue

West Hollywood, CA 90069

$2,995,000
Price
6
Beds
8
Baths
2,595 Sq. Ft.
$1,154 / Sq. Ft.
2,595
Sq. Ft.
$1,154
per Sq. Ft.

Description

Unlock Opportunity at 832 Hilldale Ave: An Ideal Income Property in West Hollywood. Discover an unmatched income property at 832 Hilldale Ave, nestled in vibrant West Hollywood. With 8 unique units, this property offers an exceptional chance to own a piece of this community, strategically located north of Santa Monica Blvd. Revel in a contemporary revival as 5 of 8 units, echoing Restoration Hardware's design sensibility, have been meticulously renovated. Every unit features modern amenities like...Unlock Opportunity at 832 Hilldale Ave: An Ideal Income Property in West Hollywood. Discover an unmatched income property at 832 Hilldale Ave, nestled in vibrant West Hollywood. With 8 unique units, this property offers an exceptional chance to own a piece of this community, strategically located north of Santa Monica Blvd. Revel in a contemporary revival as 5 of 8 units, echoing Restoration Hardware's design sensibility, have been meticulously renovated. Every unit features modern amenities like tankless water heaters, digital locks, and Ring cameras, enhancing convenience and peace of mind. A gated private driveway accommodates 3 vehicles. For savvy investors, this is a golden opportunity, offering remarkable returns and value appreciation potential. Situated amidst the energetic tapestry of West Hollywood, enjoy easy access to entertainment, dining, and supermarkets. The property offers unit diversity with 5 one-bedroom and 3 studio units, all on flexible month-to-month leases. Elegance and functionality converge as 5 renovated units boast updated kitchens, baths, lighting, and more. Shared laundry facilities add convenience, and a gated entrance ensures security. While interior viewings are available upon offer acceptance, exterior glimpses can be arranged. Experience modern living at 832 Hilldale Ave, an invitation to invest in not just property, but a West Hollywood lifestyle that merges excitement and sophistication. *Unit 3 is large enough to be a 2 bedroom*. *Drive-by only. Showing of the interior of the units only with an accepted offer. Do not disturb tenants.*

Listing Agent

  1. Ninkey Dalton

    Ninkey Dalton

    Alternative Listing Agent

    Compass

    DRE #01437780

Property Details for 832 Hilldale Avenue

Zoning
WDR3A*
Parcel Number
4340007005
Total Units
8.0
Living Area
2595
Source Living Area
Vendor Enhanced
Area
West Hollywood Vicinity (C10)
Vacancy Rate
0
Lot Size Area
4075

Location

Listing Courtesy of Compass, Ninkey Dalton, DRE #01437780; Christie's AKG, Donald Heller, DRE #01198240
Add your commute
LISTING UPDATED: 06/07/2024 12:52 PM

Property Details for 832 Hilldale Avenue

StatusActive
MLS #24-392823
Days on Market30
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1928
Lot Size0.09 AC / 4,075 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Ninkey Dalton, DRE #01437780; Christie's AKG, Donald Heller, DRE #01198240
Add your commute

Building Information for 832 Hilldale Avenue

Stories2Residences-Year Built1928Building Size-Lot Size0.09 AC / 4,075 SF

Payment Calculator

$19,158 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,345

Property Taxes

$2,813

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 832 Hilldale Avenue

Community / Development
Community / Development
  • Number Of Units: 8
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Apartments
Contract Info
Contract Info
  • Disclosures: Rent Control
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $162,110
  • Net Operating Income: $115,098.00
  • Gross Income: $162,110
  • Cap Rate: 3.84%
  • Gross Rent Multiplier: $18.48
  • Total Annual Expense: 47012
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.0936
  • Lot Size Square Feet: 4075
Parking Details
Parking Details
  • Parking Garage: None
  • Total Parking: 3
  • Parking Features: None
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Central Air, Electric
  • Cooling Type: Central, Electric, Air Conditioning
  • Heating: Central
  • Heating Type: Central
  • Equipment: Cable, Dishwasher, Microwave, Range/Oven, Refrigerator
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-21-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,350.00
  • Unit Actual Rent: $2,350.00
  • Unit Projected Rent: $2,444.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,282.00
  • Unit Actual Rent: $2,282.00
  • Unit Projected Rent: $2,373.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $516.79
  • Unit Actual Rent: $516.79
  • Unit Projected Rent: $3,000.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,912.50
  • Unit Actual Rent: $1,912.50
  • Unit Projected Rent: $3,000.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,363.50
  • Unit Actual Rent: $2,363.50
  • Unit Projected Rent: $2,458.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,785.00
  • Unit Actual Rent: $1,785.00
  • Unit Projected Rent: $1,856.00
  • Like Units: 1
Unit 7 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $448.39
  • Unit Actual Rent: $448.39
  • Unit Projected Rent: $1,500.00
  • Like Units: 1
Unit 8 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,851.00
  • Unit Actual Rent: $1,851.00
  • Unit Projected Rent: $1,995.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $793,429.00
  • Assessed Improvement Percent: 30.01
  • Assessed Land Value: $1,850,619.00
  • Assessed Land Percent: 69.99
  • Assessed Total Value: $2,644,048.00

Property History for 832 Hilldale Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 832 Hilldale Avenue

Taxable ValueLand$1,887,631Additions$809,677Total$2,697,308
Tax Record2023$33,754 ($2,813 / month)
Home Facts
Total Finished SqFt2,595 SqFtAbove Grade Finished SqFt2,595 SqFtLot Size4,081 SqFtStyleMulti-Family Res (5+ Units)Year Built1928ZoningWDR3A*CountyLOS ANGELESAPN4340-007-005

Schools near 832 Hilldale Avenue

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
West Hollywood Elementary School
PublicK to 5

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.

Similar Homes

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832 Hilldale Avenue is a multi-family home for sale in West Hollywood, CA 90069. This property was listed for sale on May 16, 2024 by Compass, it's currently listed at $2,995,000. It has been on the market for a total of 30 days and was last sold on September 27, 2017. This listing's school district is Los Angeles Unified School District. Nearby schools include West Hollywood Elementary School, Hubert Howe Bancroft Middle School and Fairfax Senior High School. 832 Hilldale Avenue is a 6-bed, 8-bath, 2,595 sqft multi-family home built in 1928.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Ninkey Dalton, DRE #01437780; Christie's AKG, Donald Heller, DRE #01198240

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.