920 Westbourne Drive
920 Westbourne Drive
$3,910,000
13
10
7,660
7,660
$510
Sold 12/3/20
Description
Situated just three blocks from the world-renowned Sunset Strip, the property sits among numerous upscale hotels and famous fine dining locations. A new investor can enjoy the attractive initial 4.30% CAP rate while also capitalizing on the opportunity to continually improve the income to capture the approximately 21% rentupside. Helping the building to attract tenants are the numerous interior upgrades and amenities. The spacious apartments feature in-unit washer/dryers, stainless steel appliances,...Situated just three blocks from the world-renowned Sunset Strip, the property sits among numerous upscale hotels and famous fine dining locations. A new investor can enjoy the attractive initial 4.30% CAP rate while also capitalizing on the opportunity to continually improve the income to capture the approximately 21% rentupside. Helping the building to attract tenants are the numerous interior upgrades and amenities. The spacious apartments feature in-unit washer/dryers, stainless steel appliances, quartz countertops, recessed lighting, wood flooring, and fully remodeled bathrooms. Located north of Santa Monica Boulevard, between San Vicente Boulevard and La Cienega Boulevard, the property lies within the historic Norma Triangle, one of the most prestigious neighborhoods in West Hollywood. Tenants enjoy the buildings proximity to desirable shopping and dining establishments, as evidenced by its Walk Score of 96.
- Listed by Roderick 'Rick' Raymundo • DRE #01357019 • Brokerage DRE #01240999 • Marcus & Millichap
Property Details for 920 Westbourne Drive
Zoning
WDR3C*
Parcel Number4339006011
Total Units10.0
Living Area7660
Source Living AreaVendor Enhanced
AreaWest Hollywood Vicinity (C10)
Vacancy Rate0
Lot Size Area6921
Location
LISTING UPDATED: 05/05/2023 09:28 AM
Property Details for 920 Westbourne Drive
Status | Sold |
---|---|
MLS # | 20-613336 |
Days on Market | 122 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1955 |
Lot Size | 0.16 AC / 6,921 SF |
County | Los Angeles County |
Location
Building Information for 920 Westbourne Drive
Stories-Residences-Year Built1955Building Size-Lot Size0.16 AC / 6,921 SF
Payment Calculator
$25,597 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 920 Westbourne Drive
Property History for 920 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 920 Westbourne Drive
Taxable ValueLand$2,845,494Additions$1,223,710Total$4,069,204
Tax Record2023$51,114 ($4,259 / month)
Home Facts
Total Finished SqFt7,660 SqFtAbove Grade Finished SqFt7,660 SqFtLot Size6,918 SqFtStyleMulti-Family Res (5+ Units)Year Built1955ZoningWDR3C*CountyLOS ANGELESAPN4339-006-011
Schools near 920 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 |
---|---|---|
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.
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