10634 Holman Ave Westwood, CA 90024
Sale
$3,500,000
8 Units
13 Beds
15 Baths
9,621 Area(sq.ft.)
8,762 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 1 | 1 | No | $ 2,028 | $ 2,028 | $ 3,335 |
| Unit 2 | 2 | 1 | 1 | No | $ 1,768 | $ 1,768 | $ 3,335 |
| Unit 3 | 3 | 2 | 2.50 | No | $ 2,920 | $ 2,920 | $ 5,395 |
| Unit 4 | 4 | 2 | 2.50 | No | $ 3,068 | $ 3,068 | $ 5,395 |
| Unit 5 | 5 | 2 | 2 | No | $ 1,437 | $ 1,437 | $ 5,395 |
| Unit 6 | 6 | 2 | 2 | No | $ 2,325 | $ 2,325 | $ 5,395 |
| Unit 7 | 7 | 1 | 1 | No | $ 1,663 | $ 1,663 | $ 3,335 |
| Unit 8 | 8 | 2 | 2 | No | $ 2,912 | $ 2,912 | $ 5,395 |
| 8 | 36 | 62 | 69 | $ 82,662 | $ 82,662 | $ 173,620 |
| MLS #: | 24-373889 |
| Days On Market: | 17 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 364 |
| Price per unit: | $ 437,500 |
| Year Built: | 1969 |
Property Details
One-of-a-kind investment opportunity: an eight-unit trophy building located in the heart of Westwood. Originally built in 1969, this generational asset offers 2-bedroom & 1-bedroom units, providing a wide array of leasing or investment options. Boasting total interior space of 9,621 sq ft, this transitional beauty is sited on an 8,762 sq ft lot, zoned R3 w/ opportunity for growth & expansion. Building generates solid income streams, stability & is adjacent to renown collegiate powerhouse, UCLA. Close by, enjoy marquee destinations including Village Theatre, Geffen Playhouse & Hammer Museum. Shopping mecca, Westfield Century City, is located only blocks away. And satisfy your taste buds w/ a superb dinner at Violet Bistro or Nappy Valley Grille & a scrumptious treat from celebrated Diddy Riese. Extraordinarily rare, this once in a lifetime asset offers an amazing investment opportunity for financially savvy forward-thinking end users, investors & family offices.Interested in this Listing?
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Income Details
| Gross Operating Income: | $ 0 |
| Total Annual Expense: | $ 96,670 |
| Net Operating Income: | $ 120,775 |
| Gross Annual Income: | $ 217,445 |
| Cap Rate: | 3.5% |
| Gross Rent Multiplier: | 16.10 |
| Actual Gross Rent: | $ 217,445 |
Structure
| Type of Units: | . |
| Buildings: | 1 |
| Levels: | Two |
| Security Features: | Card/Code Access |
| Style: | Contemporary |
Land & Parking
| Zoning: | LAR3 |
| Parking Garage: | Carport |
| Total Parking: | 10 |
Interior
| AC/Cooling: | Wall Unit(s) |
| Equipment: | Range/Oven |
| Heating: | Central |
| Laundry: | Community |
Exterior
| Pool: | No |
| Roof: | Flat |
| Spa: | No |
Detailed Map
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