8833 Cynthia Street

    West Hollywood, CA 90069
    • $5,000,000
    • STATUS: Active Under Contract
    • ON SITE: 166 days
    • ID#: 18359746
    Under Contract
    UPDATED: 86 min ago
    $5,000,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    2009
    County:

    School Ratings & Info

    Description

    Coldwell Banker Commercial NRT is pleased to exclusively represent for sale 8833 Cynthia Street ("Cynthia"). This is a rare opportunity to acquire a Non-Rent control, 5-Unit luxury condo/apartment building situated on one of the most favorable streets of West Hollywood.Cynthia has an excellent unit mix, all five units are large and spacious 3 bedroom and 3 bath townhouses with a huge penthouse unit over 2,200 sq. ft. with a direct elevator access to unit. Designer finishes, modern gourmet kitchen with high-end stainless-steel appliances, walk-in closets, washer/dryer, private balconies, rooftop deck, intercom access, subterranean parking, and many more.*** All the units have their own separate APN numbers *** The property has always enjoyed a high occupancy rate due to a strong mix of local tenants that cater to the surrounding population. This is a one-of-a-kind opportunity for the savvy investor who has the vision to re-position the property to its most lucrative potenti

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    Based on information from CARETS as of 2018-12-11T23:47:54.54. The information being provided by CARETS 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 CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. 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. 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.

    Licensed in the State of California, USA.
    www.scvnest.com/homes/85104513

    8833 Cynthia Street West Hollywood, CA 90069

    • Price: $5,000,000
    • Status: Active Under Contract
    • Updated: 86 min ago
    • ID#: 18359746
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    2009
    Built
    Neighborhood:
    West Hollywood Vicinity (C10)
    County:
    Los Angeles
    Area:
    West Hollywood Vicinity (C10)
    Property Description
    Coldwell Banker Commercial NRT is pleased to exclusively represent for sale 8833 Cynthia Street ("Cynthia"). This is a rare opportunity to acquire a Non-Rent control, 5-Unit luxury condo/apartment building situated on one of the most favorable streets of West Hollywood.Cynthia has an excellent unit mix, all five units are large and spacious 3 bedroom and 3 bath townhouses with a huge penthouse unit over 2,200 sq. ft. with a direct elevator access to unit. Designer finishes, modern gourmet kitchen with high-end stainless-steel appliances, walk-in closets, washer/dryer, private balconies, rooftop deck, intercom access, subterranean parking, and many more.*** All the units have their own separate APN numbers *** The property has always enjoyed a high occupancy rate due to a strong mix of local tenants that cater to the surrounding population. This is a one-of-a-kind opportunity for the savvy investor who has the vision to re-position the property to its most lucrative potenti
    Exterior Features

    Parking Features Gated Parking Spaces Total 11 Parking Type Underground

    Interior Features

    Appliances DishwasherDryerFreezerGarbage DisposalRefrigeratorWasher Cooking Appliances Built-InsRange Cooling Type Central A/C Heating Type Central Furnace Total Floors 4 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Unfurnished Unit Furnished04 Unfurnished Unit Furnished05 Unfurnished Unit Furnished06 Partially Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 3.0 Unit Number Of Bath02 3.0 Unit Number Of Bath03 3.0 Unit Number Of Bath04 3.0 Unit Number Of Bath05 4.0 Unit Number Of Bed01 3 Unit Number Of Bed02 3 Unit Number Of Bed03 3 Unit Number Of Bed04 3 Unit Number Of Bed05 3

    Property Features

    Adjusted Gross Income 275592.00 Cap Rate 4.00 Country United States Of America Expense Total Annual 75098.82 Gross Operating Income 267324.00 Gross Rent Multiplier 18.14 Hoa YN N Legal Disclosures Take Property As Is Lot Size Source Public Records Net Operating Income 200492.18 Number Of Buildings 1 Special Conditions Standard Sale Unit Monthly Rent01 4600.00 Unit Monthly Rent02 4166.00 Unit Monthly Rent03 4200.00 Unit Monthly Rent04 4100.00 Unit Monthly Rent05 5900.00 Unit Projected Total Monthly Rent01 4995.00 Unit Projected Total Monthly Rent02 4995.00 Unit Projected Total Monthly Rent03 4995.00 Unit Projected Total Monthly Rent04 4995.00 Unit Projected Total Monthly Rent05 6495.00 Unit Total Monthly Rent01 4600.00 Unit Total Monthly Rent02 4166.00 Unit Total Monthly Rent03 4200.00 Unit Total Monthly Rent04 4100.00 Unit Total Monthly Rent05 5900.00 Unit Type01 1 Unit Type02 1 Unit Type03 1 Unit Type04 1 Unit Type05 1 Units Total In Complex 5 Zoning Wdr4*

    Listing provided courtesy of Iman Eshaghyan DRE#01494608 of Coldwell Banker Residential Brokerage and Craig Shapiro CA DRE# 01904168 of Coldwell Banker Residential Brokerage.


    Based on information from CARETS as of 2018-12-11T23:47:54.54. The information being provided by CARETS 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 CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. 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. 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.

    Licensed in the State of California, USA.
     
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    25101 The Old Road
    Santa Clarita CA, 91381