1251 N Detroit St West Hollywood, CA 90046
Listing Courtesy of: Combined L.A. Westside (CLAW) / Marcus & Millichap

  1251 N Detroit St West Hollywood, CA 90046

Active (41 Days)
$1,950,000
6
BED
4
BATH
2,984
SQFT

Description

We are pleased to present a four (4) unit apartment building located at 1251 N Detroit Street in West Hollywood, California. The subject property is situated in a prime West Hollywood location, south of Fountain Avenue and west of N La Brea Avenue. Built in 1947, this property contains a good unit mix of two (2) one-bedroom / one-bathroom units and two (2) two-bedroom / one-bathroom units. The asset will be de livered 75% vacant. Select units have also been renovated with new appliances, cabinets, windows, sinks, and in unit washer and dryer. This offering also includes RTI plans for a duplex consisting of two (2) three-bedroom / two-bathroom units that will be situated between the two existing structures. Tenants will love living within only a couple miles from the Sunset Strip, Hollywood Boulevard, and numerous fashion, art, and entertainment amenities that West Hollywood has to offer. The neighborhood attracts many young professionals given the film, fashion, and art industry presence in this location. Plenty of dedicated street parking is available. Situated in the coveted 90046 zip code, this offering presents an excellent opportunity for any investor to capitalize on a 75% vacant property with RTI plans for two additional units while still getting a highly levered residential loan.

MLS #:
24-436081
Lot Size
6,673 SQFT
Type
Multifamily
Year Built
1947
Style
Craftsman
Views
City
County
Los Angeles County

Listed By

Jason Tuvia, Marcus & Millichap
Source
Combined L.A. Westside (CLAW)
Last checked Oct 16 2024 at 7:27 AM GMT+0000
Bathroom Details
Lot Information
  • Single Lot
  • Landscaped
  • Lot Shape-Rectangular
Heating and Cooling
  • Wall
  • Air Conditioning
Basement Information
  • No
Pool Information
  • None
Utility Information
  • Utilities: Water Heater Unit
Parking
  • Parking Garage: on Street
Stories
  • 2
Living Area
  • 2,984 sqft
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Oct 01, 2024
Price Changed
$1,950,000
-13%
-300,000
Sep 05, 2024
Original Price
$2,250,000
-
-
Disclaimer: Copyright 2024 CLAW MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 10/16/24 00:27