CA > West Hollywood
West Hollywood, CA 90069,8730 Holloway DR
West Hollywood, CA 90069,8730 Holloway DR
West Hollywood, CA 90069,8730 Holloway DR
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Diego Magdaleno

Diego Magdaleno

+1(714) 676-7271
$5,605,000
Est. payment /mo
16 Beds
16 Baths
10,744 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 10,744 sqft

Price per Sqft $521

MLS Listing ID 25586183

Bedrooms 16

HOA Y/N No

Year Built 1950

Lot Size 0.280 Acres

Property Description

Paloma Realty Partners is proud to present 8730-8736 Holloway Drive, a 16-unit value-add multifamily offering located in the heart of West Hollywood just steps from the world-famous Sunset Strip. This is a rare opportunity to acquire two adjacent eight-unit buildings on separate APNs totaling 10,744 SF of rentable space, situated on a 12,014 SF lot. The property features a mix of renovated and classic one-bedroom units, with seven current vacancies. Investors have immediate lease-up potential and the ability to capitalize on West Hollywood's premium rental rates, which range from $2,750 to $3,250 for similar units. The property comes with 16 parking spaces(12 covered, 4 open) and is located close to popular hotspots, keeping the neighborhood in high demand among affluent renters.

Location

State CA

County Los Angeles

Area C10 - West Hollywood Vicinity

Zoning WDR4*

Interior

Heating None

Fireplace No

Appliance Dishwasher, Dryer, Washer

Exterior

Parking Features Covered

Total Parking Spaces 16

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4339009001

Special Listing Condition Standard

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CRMLS – RECore
Listed by Adam Kanizo Paloma Realty Partners, Inc.
Diego Magdaleno

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