1253 Havenhurst Drive 1253 Havenhurst Drive West Hollywood, California 90046 United States
1253 Havenhurst Drive West Hollywood, California 90046 United States
$21,900,000
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Assumable loan of $11,227,000 at 3.2% fixed until 5/1/28. The loan has a value of over $1,350,000 compared to a new loan at 6.2%. Significant (33%) upside in rents. 12.6 x Gross & 4.9% Cap with existing rents; 9.5 x Gross & 7.6% Cap with rents at...
- 2
- Bedrooms
- 38,688 Sq Ft.
- Interior
- .6979 Acres
- Exterior
- Residential Income
- Property type
- 1956
- Year Built
- 24371159
- Web Id
- 24371159
- MLS ID
- 43
- days ago
About 1253 Havenhurst Drive
Assumable loan of $11,227,000 at 3.2% fixed until 5/1/28. The loan has a value of over $1,350,000 compared to a new loan at 6.2%. Significant (33%) upside in rents. 12.6 x Gross & 4.9% Cap with existing rents; 9.5 x Gross & 7.6% Cap with rents at market. 6.8% return on down payment at closing; 12.2% return with rents at market. Seller has renovated 50% of the units and common areas at a cost of over $1,070,000. Controlled access, pool, gated parking.
Listing Courtesy of Hamid Soroudi, Keller Williams Beverly Hills, 00708618, Active
The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.
Listing Courtesy of Hamid Soroudi, Keller Williams Beverly Hills, 00708618, Active
The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.
Amenities
- Community Pool
PROPERTY INFORMATION
- Community Info
- Pool
- Parking Description
- CommunityStructure
- Pool
- Community
ADDITIONAL INFORMATION
- Number of Units
- 79
Listing Courtesy of Keller Williams Beverly Hills