309 S Hamel Road, Los Angeles, CA 90048
Property
Sold October 2023
Listing Agent: Michael Monempour (DRE #01996829) · Listing Office: Kidder Mathews of California, Inc. · Contact: 858-369-3010 · Bought with: Non-member 999999 · Non-member Office · MLS #23296708 · Source: CRMLS
About this property
** Being Offered with 8700 West Third Street (Adjacent Parcel) - The offering is a very well maintained 8 Unit Apartment Building located in Prime Beverly Grove adjacent to Beverly Hills & West Hollywood. This Turn Key Asset features 8 Units, all of which have been fully remodeled with stainless steel appliances, hardwood floors, granite counter tops & in unit washer + dryer. There is an excellent unit mix consisting of Seven 1B/1B & One 1B/2B Unit. There is ample parking available and all tenants are on Month to Month tenancy. Rents are up to market with only 15% Upside. Property is under Los Angeles Rent Control. This is a rare opportunity for an investor to acquire a Turn Key Asset in an Ultra Prime Location along with the adjacent Parcel as a Rare Covered Land Play with the potential to build a Mix Used Development in the future. * Contact Agent for information on Other Parcel.
Listing description from the October 2023 sale, as reported to CRMLS.
Sale history