8815 Cynthia ST Active

West Hollywood,CA 90069

$ 15425000

40 Beds

40 Baths

23675 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 23,675 sqft

Price per Sqft $651

MLS Listing ID 24424451

Bedrooms 40

HOA Y/N No

Year Built 1989

Lot Size 0.408 Acres

Property Description

Huge price reduction!!! 8815 Cynthia Street is a prestigious opportunity to acquire a property in one of the best rental locations in prime West Hollywood. Built in 1989, the property isNOT subject to the city of West Hollywood's rent control (AB 1482 does apply). 4 of the units are subject to lower income covenants. The beautiful courtyard property boasts an ideal unit mix consisting of all 19 two-bedroom two bath units and 2 one-bedroom one bath units. Each of the units is extremely spacious, has a terrific floor plan, and offers an abundance of natural light. Units feature upgraded and luxurious amenities including stainless steel appliances, quartz or granite countertops, fireplaces, vinyl or laminate flooring, spacious kitchens/bedrooms/bathrooms, large balconies/patios, individual water heaters, and central heat and air conditioning. Other property features include secureentry, copper plumbing, 18 camera video system, and gated subterranean parking (an incredible 47 parking spaces for 21 units). 8815 Cynthia Street is regarded as a "Walker's Paradise" as it features an incredible Walk Score of 92. With such an abundance of parking and an ideal unit mix, the property is well positioned for an investor looking for a condominium conversion project. This rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier asset in one of the best rental locations in all of Los Angeles.

Location

State CA

County Los Angeles

Area C10 - West Hollywood Vicinity

Zoning LCR4*

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Parking Features Underground

Total Parking Spaces 47

Building

Story 3

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 4339013028

Special Listing Condition Standard

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