832 Hilldale ave, West Hollywood , CA 90069
Active
$2,795,000
8 Units
6 Beds
8 Baths
2,595 Area(sq.ft.)
Lot: 4,075 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 1 | 1 | No | $ 2,450 | $ 2,450 | $ 2,524 |
| Unit 2 | 1 | 1 | 1 | No | $ 2,700 | $ 2,700 | $ 2,781 |
| Unit 3 | 1 | 1 | 1 | No | $ 537 | $ 537 | $ 3,200 |
| Unit 4 | 1 | studio | 1 | No | $ 2,300 | $ 2,300 | $ 2,369 |
| Unit 5 | 1 | 1 | 1 | No | $ 2,550 | $ 2,550 | $ 2,627 |
| Unit 6 | 1 | 1 | 1 | No | $ 1,842 | $ 1,842 | $ 1,897 |
| Unit 7 | 1 | studio | 1 | No | $ 468 | $ 468 | $ 2,400 |
| Unit 8 | 1 | studio | 1 | No | $ 2,000 | $ 2,000 | $ 2,060 |
| 8 | 5 | 8 | $ 14,847 | $ 14,847 | $ 19,858 |
| MLS #: | 25516271 |
| Days On Market: | 253 |
| Listing Date: | March 28, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 1,077 |
| Price per unit: | $ 349,375 |
| Year Built: | 1928 |
Property Details
Unlock Opportunity at 832 Hilldale Ave: An Ideal Income Property in West Hollywood. Discover an unmatched income property at 832 Hilldale Ave, nestled in vibrant West Hollywood. With eight unique units, this property offers an exceptional chance to own a piece of this community, strategically located north of Santa Monica Blvd. Revel in a contemporary revival as 5 of 8 units, echoing Restoration Hardware's design sensibility, have been meticulously renovated. Every unit features modern amenities like tankless water heaters, digital locks, and Ring cameras, enhancing convenience and peace of mind. A gated private driveway accommodates three vehicles. For savvy investors, this is a golden investment opportunity in West Hollywood, offering remarkable returns and value appreciation potential. Situated amidst the energetic tapestry of West Hollywood and just one block from Santa Monica Boulevard, enjoy easy access to entertainment, dining, and supermarkets. The property offers unit diversity with five one-bedroom and three studio units, all on flexible month-to-month leases. Elegance and functionality converge as five renovated units boast updated kitchens, baths, lighting, and more. Shared laundry facilities add convenience, and a gated entrance ensures security. While interior viewings are available upon offer acceptance, exterior glimpses can be arranged. Experience modern living at 832 Hilldale Ave, an invitation to invest in not just property but a West Hollywood lifestyle that merges excitement and sophistication. *Unit 3 is large enough to be a two bedroom*. *Drive-by only. Showing of the interior of the units only with an accepted offer. Do not disturb tenants.*Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Gross Operating Income: | $ 181,161 |
| Total Annual Expense: | $ 57,773 |
| Net Operating Income: | $ 123,389 |
| Gross Annual Income: | $ 181,161 |
| Cap Rate: | 4.4% |
| Gross Rent Multiplier: | 15.70 |
Structure
| Type of Units: | Apartments |
| Buildings: | 2 |
| Levels: | Two |
Land & Parking
| Zoning: | WDR3A* |
| Parking Garage: | None |
Interior
| AC/Cooling: | Central, Electric, Air Conditioning |
| Equipment: | Cable, Dishwasher, Microwave, Range/Oven, Refrigerator |
| Heating: | Central |
| Laundry: | Laundry Area |
Exterior
Detailed Map
Schools
Find a great school for your child
Income
