PRICE $16,925,000 dsIDX morgage calculator
BEDS 40
BATHS 40
HOME SIZE 23,675 sqft
LOT SIZE 17,764 sqft

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.

DAYS ON MARKET 107 LAST UPDATED 10/8/2024
YEAR BUILT 1989 COMMUNITY West Hollywood Vicinity
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
AREA West Hollywood Vicinity
GARAGE Underground
HEAT Central
LOT 0.41 acre(s)
PARKING Underground
STORIES 3
ZONING LCR4*
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Remax Commercial and Investment Realty

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Based on information from California Regional Multiple Listing Service, Inc. as of 11/21/24 6:18 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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