8730 Holloway Drive

West Hollywood, CA 90069

  • 16 Bed(s)
  • 0 Bath(s)
  • 10,744 Sqft
  • 12014
    Sqft(Lot)
$5,800,000

Description

We are pleased to present the exclusive listing of 8730-8736 holloway drive. the properties built in 1950 consist of two eight (8) unit buildings (with their own apn#'s) side by side totaling sixteen (16) units with a total of 10,744 rentable square feet on a 12,014 square foot lot. the property offers a compelling investment opportunity in one of the most sought-after areas of los angeles, steps to the iconic sunset strip. the buildings feature a mix of renovated and standard one-bedroom, one-bathroom apartments. seven of the units have been fully renovated with high-end finishes such as stainless-steel appliances, hardwood floors, quartz countertops, and updated fixtures, while the remaining nine units offer standard features. with six of the 16 units currently vacant, there is significant upside potential for the investor to quickly lease up these units and generate immediate cash flow. the property also offers ample parking with 12 covered spaces and four surface spaces, a valuable amenity in this urban area. of note, the soft story retrofit has been completed. located a 10-minute walk from the sunset strip, residents enjoy proximity to an array of entertainment, dining, and nightlife options, including famous venues like soho house, rainbow bar & grill, the roxy theatre, and sunset plaza. the neighborhood also offers excellent access to grocery stores like whole foods, trader joe's, and ralph's, making it an attractive area for renters seeking convenience and a vibrant lifestyle. the building's community amenities, including controlled entry access and on-site laundry, further enhance its appeal to tenants. west hollywood's strong rental demand and the area's high desirability as a cultural and entertainment hub offer significant potential for rental growth. the property's location in such high-demand area ensures a steady stream of potential tenants, and the vacancy rate presents a solid opportunity for the investor to capitalize on lease-up potential. overall, this property offers strong potential for both short-term income through the lease-up of vacant units and long-term value appreciation as west hollywood continues to grow and attract both renters and investors. the combination of its prime location, desirable unit features, and proximity to key west hollywood landmarks makes 8730-8736 holloway dr an attractive investment opportunity in one of la's most vibrant neighborhoods.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    47923123

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Property Details

  • Bedroom Information

    • Total Bedrooms : 16

    Bathroom Information

    • Total Baths: 16
    • Full Baths: 0
    • Half Baths: 0

    Interior Features

    • Interior Features: Ceiling Fan(s)

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Heating Source

    • Forced Air
    • Has Heating

  • Building Information

    • Year Built: 1950
    • Building Area Total: 10,744

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2758
    • Lot Size Source: Owner
    • Lot Size Square Feet: 12014

  • Listing Price Information

    • Original List Price: 5,800,000
    • Listing Contract Date: 2024-11-27

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 4339009001

  • Garage and Parking

    • Garage Description: Controlled Entrance

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C10 - West Hollywood Vicinity
    • Postal Code Plus 4: 2327
    • Directions: Steps to Sunset Strip
    • Zoning: WDR4*
    • Source Property Type: Residential Income
    • Area: C10 - West Hollywood Vicinity

    Building and Construction

    • Property Age: 74
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 10744
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 12/22/2024 @ 03:37

  • MLS: 24468333
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 16 bedrooms which is for sale, it has 10,744 sqft, 12,014 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of West Hollywood , in zip code 90069, this Los Angeles County Home are nearby neighborhoods.