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8815 Cynthia St
West Hollywood, CA 90069

$15,425,000 USD

Apartments For Sale • 23,675 SF

Property Details

Property Type Apartments
Total Building Size 23,675 SF
Lot Size 0.41 AC
Building Class B
Year Built 1989
Zoning LCR4*

62 Transit Score

90 Walk Score

                
                    Highlights
                
                                HUGE PRICE REDUCTION: Premier West Hollywood location
                            
                                EXEMPT from City rent control (AB 1482 applies)
                            
                                Huge rental upside
                            
                                Courtyard building with fountain
                            
                                Approx. $829,000 spent on apartment renovations and Approx. $81,000 spent on common area renovations
                            
                                Excellent candidate for condominium conversion

Financial Summary (Proforma)

Net Operating Income: $472,105 USD (2024)

Total Expenses:

$290,170 USD

Amenities

Air Conditioning
Balcony
Controlled Access
Dishwasher
Laundry Facilities
Microwave
Storage Space
Gated
Heating
Pet Play Area
Kitchen
Granite Countertops
Hardwood Floors
Oven
Range

Public Transportation

Commuter Rail	Drive	Walk	Distance
Downtown Burbank (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	20 min	-	10.0 mi
Airport	Drive	Walk	Distance
Los Angeles International	24 min	-	11.9 mi
Bob Hope	23 min	-	12.1 mi
Long Beach (Daugherty Field)	42 min	-	28.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	47
Type:	Covered
Included in Rent:	Yes

Jonathan Taksa 310-968-5303 RE/MAX Commercial & Investment Realty

8815 Cynthia St West Hollywood, CA 90069