James Melton
James Melton, California Value Group, Inc.Phone: (714) 318-4664
Email: [email protected]

Real estate listing preview #1Real estate listing preview #2Real estate listing preview #3Real estate listing preview #4Real estate listing preview #5Real estate listing preview #6Real estate listing preview #7Real estate listing preview #8Real estate listing preview #9
listing
1 of 9
Residential IncomeFor Sale
$20,900,000
1253 Havenhurst Drive
West Hollywood, CA 90046
Listed by Hamid Soroudi DRE#00708618 [email protected] Keller Williams Beverly Hills
MLS: California Regional MLS (CRMLS)
2Beds
79Baths
38,688Sq Ft
Est. Mortgage
$107,982/mo

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 (32%) upside in rents. 11.9 x Gross & 5.3% Cap with existing rents; 9 x Gross & 8% 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.

Get in touch
Information courtesy of Keller Williams Beverly Hills is subject to verification and is not guaranteed.
Community / School Information