944 North San Vicente Boulevard

West Hollywood, CA 90069

$2,650,000
Last Sold Price
9
Beds
9
Baths
7,136 Sq. Ft.
$371 / Sq. Ft.
7,136
Sq. Ft.
$371
per Sq. Ft.

Description

944 n. San Vicente Boulevard is a nine (9) unit apartment building located in the heart of West Hollywood's esteemed Norma Triangle neighborhood. The 7,136 building consists of all one-bedroom / one-bathroom units. With approximately 26% upside in rent, this property provides an excellent opportunity for the value-add investor. The property sits on a 6,450 square foot lot that is WDR4 zoned. Norma Triangle is a residential neighborhood in West Hollywood, California that encompasses the area bound...944 n. San Vicente Boulevard is a nine (9) unit apartment building located in the heart of West Hollywood's esteemed Norma Triangle neighborhood. The 7,136 building consists of all one-bedroom / one-bathroom units. With approximately 26% upside in rent, this property provides an excellent opportunity for the value-add investor. The property sits on a 6,450 square foot lot that is WDR4 zoned. Norma Triangle is a residential neighborhood in West Hollywood, California that encompasses the area bound by Doheny Drive and Beverly Hills on the west, Sunset Boulevard and Holloway Drive on the north, and Santa Monica Boulevard on the south. The small district has the shape of a right triangle. With a Walk Score of 90, the property is conveniently located in close proximity to a wide variety of cafes and restaurants, bars, nightclubs, shopping and parks. The property is conveniently located just a short distance from surrounding job hubs of Hollywood, Beverly Hills, Century City, Culver City and Westwood.
  1. Listed by Matthew Ziegler • DRE #01280909 • Brokerage DRE #01240999 • Marcus & Millichap

Property Details for 944 North San Vicente Boulevard

Zoning
WDR4*
Parcel Number
4339017033
Total Units
9.0
Living Area
7136
Source Living Area
Vendor Enhanced
Area
West Hollywood Vicinity (C10)
Vacancy Rate
5%
Lot Size Area
6450

Location

Listing Courtesy of Marcus & Millichap, Matthew Ziegler, DRE #01280909

Sold By Donald Uhler Paulino, Arash Ehsani, DRE #01991136

Add your commute
LISTING UPDATED: 06/22/2021 01:52 PM

Property Details for 944 North San Vicente Boulevard

StatusSold
MLS #21-714018
Days on Market40
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1956
Lot Size0.15 AC / 6,450 SF
CountyLos Angeles County

Location

Listing Courtesy of Marcus & Millichap, Matthew Ziegler, DRE #01280909

Sold By Donald Uhler Paulino, Arash Ehsani, DRE #01991136

Add your commute

Building Information for 944 North San Vicente Boulevard

Stories2Residences-Year Built1956Building Size-Lot Size0.15 AC / 6,450 SF

Payment Calculator

$17,414 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,462

Property Taxes

$2,952

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 944 North San Vicente Boulevard

Community / Development
Community / Development
  • Number Of Units: 9
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartments
Contract Info
Contract Info
  • Disclosures: Court Approval Required
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $159,600
  • Net Operating Income: $94,081.00
  • Gross Income: $168,000
  • Cap Rate: 3.14%
  • Gross Rent Multiplier: $17.86
  • Vacancy Allow Dollar: $8,400.00
  • Total Annual Expense: 66599
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1481
  • Lot Size Square Feet: 6450
Parking Details
Parking Details
  • Parking Garage: Carport, On street
  • Total Parking: 0
  • Parking Features: Carport, Street
Interior Features
Interior Features
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: None
Exterior Features
Exterior Features
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-02-2021
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,556.00
  • Unit Actual Rent: $1,556.00
  • Unit Projected Rent: $2,106.00
  • Like Units: 9
Unit Details
  • Unit Type Type: 2106
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $301,860.00
  • Assessed Improvement Percent: 52.8
  • Assessed Land Value: $269,879.00
  • Assessed Land Percent: 47.2
  • Assessed Total Value: $571,739.00

Property History for 944 North San Vicente Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 944 North San Vicente Boulevard

Taxable ValueLand$1,924,740Additions$833,030Total$2,757,770
Tax Record2023$35,430 ($2,952 / month)
Home Facts
Total Finished SqFt7,136 SqFtAbove Grade Finished SqFt7,136 SqFtLot Size6,451 SqFtStyleMulti-Family Res (5+ Units)Year Built1956ZoningWDR4*CountyLOS ANGELESAPN4339-017-033

Schools near 944 North San Vicente Boulevard

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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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 Marcus & Millichap, Matthew Ziegler, DRE #01280909

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.