34
See all 34 photos
$1,400,000
Est. payment /mo
6 Beds
6 Baths
3,403 SqFt
New
8991 Keith AVE West Hollywood, CA 90069
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,403 sqft
Price per Sqft $411
MLS Listing ID 25628291
Bedrooms 6
HOA Y/N No
Year Built 1912
Property Description
8991 Keith Avenue, a well-maintained 5-unit property located in the highly desirable Norma Triangle neighborhood of West Hollywood. This ultra prime location sits moments from both the Sunset Strip and Santa Monica Boulevard, placing residents steps from major retail, dining, and entertainment amenities in one of the strongest rental submarkets in Los Angeles. The property consists of two detached buildings with a diversified mix of (1) studio, (2) one-bedroom units, (1) two-bedroom / one-bath unit, and (1) two-bedroom / two-bath townhouse with in-unit laundry. The studio and the 2-bed / 1-bath unit in the back structure are currently both vacant. Additionally, the vacant 2+1 is mid-rehab, allowing a new owner to complete the improvements and bring the unit to market at top-of-market rent. In-place rents provide approximately 25% upside, offering investors a clear path to increasing revenue. Recent improvements include updated electrical panels, partial plumbing upgrades, and interior renovations in select units. There is also a one-car garage and one uncovered surface space, allowing parking for 2 cars, or 3 if one parks tandem. The property also has two large storage sheds behind the front structure.
Location
State CA
County Los Angeles
Area C10 - West Hollywood Vicinity
Zoning WDR2*
Rooms
Other Rooms Shed(s)
Interior
Interior Features Ceiling Fan(s)
Heating Wall Furnace
Fireplace No
Appliance Dishwasher, Refrigerator, Washer
Laundry Outside, Stacked
Exterior
Parking Features Door-Single, Driveway, Garage
Total Parking Spaces 3
Building
Story 2
Entry Level Two
Level or Stories Two
Additional Building Shed(s)
New Construction No
Others
Senior Community No
Tax ID 4340015008
Special Listing Condition Standard
Listed by Jake Glaser Lyon Stahl Investment Real Estate, Inc.