934 North La Jolla Avenue

West Hollywood, CA 90046

$2,360,000
Price
4
Beds
4
Baths
2,463 Sq. Ft.
$958 / Sq. Ft.
2,463
Sq. Ft.
$958
per Sq. Ft.

Description

Rare income opportunity in a prime West Hollywood location. This triplex includes a 2-bed, 1.5-bath unit renting at $3,350/month, a 1-bed, 1-bath unit at $2,800/month, and an available detached unit with a projected rent of $1,900/month. Conveniently located near Melrose Shops, restaurants, the lively Sunset Strip, and the bustling Grove outdoor mall. Don't miss out on this fantastic investment in coveted location!Rare income opportunity in a prime West Hollywood location. This triplex includes a 2-bed, 1.5-bath unit renting at $3,350/month, a 1-bed, 1-bath unit at $2,800/month, and an available detached unit with a projected rent of $1,900/month. Conveniently located near Melrose Shops, restaurants, the lively Sunset Strip, and the bustling Grove outdoor mall. Don't miss out on this fantastic investment in coveted location!
  1. Listed by Yar Meshkaty • DRE #01060780 • Brokerage DRE #01464847 • Coldwell Banker Realty

Property Details for 934 North La Jolla Avenue

Zoning
WDR2*
Parcel Number
5529017004
Total Units
3.0
Living Area
2463
Source Living Area
Vendor Enhanced
Area
West Hollywood Vicinity (C10)
Vacancy Rate
1
Lot Size Area
6157

Location

Listing Courtesy of Coldwell Banker Realty, Yar Meshkaty, DRE #01060780
Add your commute
LISTING UPDATED: 03/30/2024 07:42 AM

Property Details for 934 North La Jolla Avenue

StatusActive
MLS #23-308875
Days on Market232
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
Lot Size0.14 AC / 6,157 SF
CountyLos Angeles County

Location

Listing Courtesy of Coldwell Banker Realty, Yar Meshkaty, DRE #01060780
Add your commute

Building Information for 934 North La Jolla Avenue

Stories-Residences-Year Built1924Building Size-Lot Size0.14 AC / 6,157 SF

Payment Calculator

$14,733 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,879

Property Taxes

$1,854

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 934 North La Jolla Avenue

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: Apartment
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $93,702
  • Net Operating Income: $63,978.00
  • Gross Income: $96,600
  • Gross Rent Multiplier: $24.00
  • Total Annual Expense: 29724
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1413
  • Lot Size Square Feet: 6157
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 3
  • Parking Features: Driveway
Interior Features
Interior Features
  • Levels: One
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Equipment: Range/Oven, Refrigerator
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 09-08-2023
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,350.00
  • Unit Actual Rent: $40,200.00
  • Unit Projected Rent: $48,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,800.00
  • Unit Actual Rent: $33,600.00
  • Unit Projected Rent: $42,000.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,950.00
  • Unit Actual Rent: $23,400.00
  • Unit Projected Rent: $24,000.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $1,013,230.00
  • Assessed Improvement Percent: 60.0
  • Assessed Land Value: $675,486.00
  • Assessed Land Percent: 40
  • Assessed Total Value: $1,688,716.00

Property History for 934 North La Jolla 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 934 North La Jolla Avenue

Taxable ValueLand$688,995Additions$1,033,494Total$1,722,489
Tax Record2023$22,245 ($1,854 / month)
Home Facts
Total Finished SqFt2,463 SqFtAbove Grade Finished SqFt2,463 SqFtLot Size6,157 SqFtStyleTriplexYear Built1924ZoningWDR2*CountyLOS ANGELESAPN5529-017-004

Schools near 934 North La Jolla Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 7 to 12
Public - 9 to 12
Rating
School
Distance
Laurel Elementary School
PublicK to 8

Fairfax Senior High School
Public9 to 12

West Hollywood Opportunity School
Public7 to 12

Whitman Continuation School
Public9 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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Similar Sold Homes

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934 North La Jolla Avenue is a multi-family home for sale in West Hollywood, CA 90046. This property was listed for sale on September 8, 2023 by Coldwell Banker Realty, it's currently listed at $2,360,000. It has been on the market for a total of 232 days and was last sold on May 31, 2017. This listing's school district is Los Angeles Unified School District. Nearby schools include Laurel Elementary School, Fairfax Senior High School and West Hollywood Opportunity School. 934 North La Jolla Avenue is a 4-bed, 4-bath, 2,463 sqft multi-family home built in 1924.

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 Coldwell Banker Realty, Yar Meshkaty, DRE #01060780

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.