Subject Property is located at 9025 Rangely Avenue in West Hollywood, CA. It is a beautiful 11 unit multi-family investment; 10 one bedroom and one bath units accompanied by 1 single.
|Building Size||6,410 SF|
|Lot Size||8072 SF|
Area Description: The lot sits in an area along a tree lined street and is quiet with easy access to Santa Monica Blvd. and Melrose Ave. Each unit is separately metered and has been well maintained. Most units have hardwood floors. Inside the complex is a large court yard covered with trees and foliage, which protects from the hot sun. Many shops and stores are within walking distance with a few nightclub and bar venues located on Santa Monica Blvd. Within a two mile radius there are grocery stores, fitness facilities, banks and entertainment. The property speaks for itself with a historically low vacancy rate and located on the west side of Los Angeles.
Region: West Hollywood
|Gross Income: $159,384|