MLS: 23-294505

8815 Cynthia St, West Hollywood, CA 90069

Priced at: $16,925,000
Bedrooms:
40
Bathrooms (Full):
0
Bathrooms (Half):
0
Living Area SqFt:
23,675 Sq Ft
Lot SqFt:
17,758 Sq Ft
Year Built:
1989
8815 Cynthia Street is a prestigious opportunity to acquire a property in one of the best rental locations in prime West Hollywood. Built in 1989, the property is NOT subject to the city of West Hollywood's rent control (AB 1482 does apply). 4 of the units are subject to lower income covenants. The beautiful courtyard property boasts an ideal unit mix consisting of all 19 two-bedroom two bath units and 2 one-bedroom one bath units. Each of the units is extremely spacious, has a terrific floor plan, and offers an abundance of natural light. Units feature upgraded and luxurious amenities including stainless steel appliances, quartz or granite countertops, fireplaces, vinyl or laminate flooring, spacious kitchens/bedrooms/bathrooms, large balconies/patios, individual water heaters, and central heat and air conditioning. Other property features include secure entry, copper plumbing, 18 camera video system, and gated subterranean parking (an incredible 47 parking spaces for 21 units). 8815 Cynthia Street is regarded as a "Walker's Paradise" as it features an incredible Walk Score of 92. With such an abundance of parking and an ideal unit mix, the property is well positioned for an investor looking for a condominium conversion project. This rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier asset in one of the best rental locations in all of Los Angeles.
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Features

Equipment/ Appliances:
  • Built-Ins
  • Dishwasher
Parking:
  • Assigned
  • Subterranean
MLS: 23-294505
8815 Cynthia St, West Hollywood, CA 90069
Price: $16,925,000
Listing courtesy of Remax Commercial and Investment Realty.

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