345 Huntley Drive, West Hollywood, CA 90048
Property
Sold May 2024
Listing Agent: Jason Tuvia (DRE #01772495) · Listing Office: Marcus & Millichap · Contact: 818-212-2700 · Bought with: Jason Tuvia · Marcus & Millichap · MLS #24370057 · Source: CRMLS
About this property
We are pleased to present a four (4) unit apartment building located at 345 Huntley Drive in West Hollywood, California. The subject property is situated in a prime West Hollywood location, north of Beverly Boulevard and east of N San Vicente Boulevard. Built in 1923, this property contains an easy unit mix spread across two (2) detached buildings consisting of two (2) studio / one-bathroom units in one building and two (2) one-bedroom / one-bathroom units in the other. The property will be delivered with two (2) vacant units, allowing for the option to execute on existing plans to add a two-bedroom / two and a half-bathroom ADU unit to one of the garage parking spaces on the first story of the back building. The plans also detail a renovation to the second story one-bedroom units, adding living space and covered patios while maintaining covered parking on the right side of the building. Tenants will love living in a quiet residential corridor only one block away from Beverly Center. Being down the street from Cedars-Sinai affords the property a consistent young professional renter demographic. Situated in a prime West Hollywood location, this offering presents an excellent opportunity for any investor to capitalize on 30-year fixed residential financing to acquire a character asset with an option to add an ADU and remodel existing one-bedroom units in one of the most coveted markets of Los Angeles.
Listing description from the May 2024 sale, as reported to CRMLS.
Sale history