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8074 Fareholm Drive Los Angeles CA 90046
$3,500,000
8074 Fareholm Drive Los Angeles CA 90046
$3,500,000

Property Overview

  • 12 Bedrooms , 8 Bathrooms
  • 7259 Square Feet (approx.)
  • Listing #18371416

Amazing investment opportunity to purchase an (8) unit income property in an A+ location. Situated at the base of Laurel Canyon and the Hollywood Hills, this property is nestled amongst multi-million dollar homes and just blocks away from Sunset Plaza, nightlife, and restaurant anchors. Spacious unit mix of (4) 2 bedroom and (4) 1 bedroom units and dedicated covered parking garage for each unit, storage and separate utilities. There are (4) remodeled units with washer dryer in each unit, and an additional separate laundry room. Property is currently at a 3.04% CAP RATE with a possibility of 5.68% CAP RATE at market rents. This property also features a development opportunity of up to 16 Condominiums in a prime (R3) Tier 2 Location. PLEASE DO NOT DISTURB TENANTS. SHOWING WILL BE DONE WITH ACCEPTED OFFER ONLY.

Basic Features

  • Area: West Hollywood Vicinity (C10)
  • City Name: Los Angeles
  • County Name: Los Angeles
  • State: CALIFORNIA
  • Type: Residential Income
  • Zip: 90046
  • Bedrooms: 12
  • Bathrooms: 8
  • Partial Baths: 0
  • Square Feet: 7259

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Listing courtesy of Neyshia Go from Pacific Union International

Interested in this property?

Neyshia Go Pacific Union International Cell: 310.882.8357 Office: 424.249.7125 Contact
Aaron Kirman Pacific Union International Cell: 310.994.9512 Office: 424.249.7162 Contact