Description

Rarely does an investment opportunity of this caliber arise in the heart of West Hollywood, one of Los Angeles' most coveted rental submarkets. This impeccably maintained 27-unit complex offers a sophisticated blend of vintage architectural charm and modern infrastructure, perfectly positioned to capture the high-income demographics of this supply-constrained neighborhood. The property boasts a highly functional and balanced unit mix - comprising (4) studios, (19) one-bedrooms, and (4) two-bedrooms - ensuring consistent cash flow through a strategic combination of steady turnover and long-term stability. Units are thoughtfully appointed with engineered wood flooring, upgraded double-pane windows, and improved sliding doors; eleven units feature private balconies, while select residences offer upgraded HVAC systems, including central air or Mitsubishi mini-splits. Perhaps the most significant competitive advantage is the expansive parking, offering 28 spaces (32 total spots), a rare luxury that far exceeds local standards and simplifies urban living for residents. On-site amenities further elevate the tenant experience, including a refreshing pool, controlled access, and owner-owned laundry facilities providing an additional revenue stream of approximately $400 per month. With primarily copper plumbing, separately metered utilities, and a reliable water heating system (including a 2017-installed 100-gallon unit), the property is engineered for low-maintenance ownership. Residents enjoy unparalleled proximity to the Sunset Strip, world-class entertainment studios, and the premier job centers of Beverly Hills and Century City, making this a true trophy asset for any discerning portfolio.