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1123 N Vista Street

West Hollywood, CA 90046
  • $1,100,000
  • STATUS: Active Under Contract
  • ON SITE: 56 Days
  • ID#: 24382303
Under Contract
UPDATED: 82 min ago
$1,100,000
  • 3
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,151
    SQFT
  • $511
    $/SQFT
Type:
Multi-Family
Built:
1924
County:

School Ratings & Info

Listing Agent(s): Sevak Keshishian of Marcus & Millichap (818-212-2700)


Description

We are pleased to present 1123 N. Vista Avenue, a triplex located in the heart of West Hollywood. Built in 1924, this 2,151 square foot property sits on a 6,166 square foot lot and features three 1-bedroom, 1-bathroom units, each with its own private patio space. Tenants enjoy ample outdoor common area space and five on-site parking spaces. The property presents a significant value-add opportunity for investors seeking to implement interior and exterior renovation plans. It is currently fully occupied, however there are efforts being made by ownership to deliver the property vacant or to provide a path to vacancies which will allow a future investor to renovate the property as desired. In addition, there is an attached one-car garage located at the rear of the property that could potentially be converted into an ADU (Buyer to investigate and confirm). For Developers, the property is zoned WDR2, and offers the potential to transform the site into a 5-unit multifamily or condo building like many similar lots in the area that have the same zoning. Located north of Santa Monica Blvd and nestled between N Fairfax Ave and N La Brea, the property is in the heart of West Hollywood and is considered a walker's paradise boasting a walk score of 93. There are many public transportation options minimizing the need for a vehicle. Tenants are within proximity of the famous Sunset Strip, numerous restaurants, boutique shopping on Melrose Ave, and a short distance to Beverly Hills and Hollywood.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-16T19:31:48.303. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.
www.mainstreetgroup.com/homes/149528988
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1123 N Vista Street West Hollywood, CA 90046

  • Price: $1,100,000
  • Status: Active Under Contract
  • On Site: 56 Days
  • Updated: 82 min ago
  • ID#: 24382303
3
Beds
0
Baths
0
½ Baths
0.14
Acres
2,151
SQFT
$511
$/SQFT
1924
Built
Neighborhood:
C10 - West Hollywood Vicinity
County:
Los Angeles
Area:
C10 - West Hollywood Vicinity
Property Description
We are pleased to present 1123 N. Vista Avenue, a triplex located in the heart of West Hollywood. Built in 1924, this 2,151 square foot property sits on a 6,166 square foot lot and features three 1-bedroom, 1-bathroom units, each with its own private patio space. Tenants enjoy ample outdoor common area space and five on-site parking spaces. The property presents a significant value-add opportunity for investors seeking to implement interior and exterior renovation plans. It is currently fully occupied, however there are efforts being made by ownership to deliver the property vacant or to provide a path to vacancies which will allow a future investor to renovate the property as desired. In addition, there is an attached one-car garage located at the rear of the property that could potentially be converted into an ADU (Buyer to investigate and confirm). For Developers, the property is zoned WDR2, and offers the potential to transform the site into a 5-unit multifamily or condo building like many similar lots in the area that have the same zoning. Located north of Santa Monica Blvd and nestled between N Fairfax Ave and N La Brea, the property is in the heart of West Hollywood and is considered a walker's paradise boasting a walk score of 93. There are many public transportation options minimizing the need for a vehicle. Tenants are within proximity of the famous Sunset Strip, numerous restaurants, boutique shopping on Melrose Ave, and a short distance to Beverly Hills and Hollywood.
Exterior Features

Open Parking Spaces 5 Parking Features Uncovered Parking Total 5

Interior Features

Heating CentralWall Furnace Heating YN Yes Interior Features Ceiling Fan(s)

Property Features

Association YN No Gross Income 34440 Laundry Features Stacked Levels One Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 0 New Construction YN No Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning WDR2*



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-16T19:31:48.303. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.
 
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Mainstreet Realtors®
8577 Haven Ave, Suite 100
Rancho Cucamonga CA, 91730
Listing Agent(s): Sevak Keshishian of Marcus & Millichap (818-212-2700)