930 N Harper Avenue

Description

Spanish Gem in Prime West Hollywood! Welcome to an exquisite fourplex nestled in the coveted heart of West Hollywood. This charming property boasts an appealing mix of residences featuring two 1,640 square foot 3-bedroom, 2-bathroom townhouses with elegant spiral staircases and beautiful restored 1926 hardwood floors. The townhouses have been updated enhancing their appeal, and they each enjoy a private front yard perfect for relaxation. The remaining two units are in a separate structure and consist of a spacious one-bedroom and a delightful studio. The character and allure of the 1920's are beautifully preserved throughout the interiors, offering a unique blend of historic charm and modern convenience including central air-conditioning and in-unit laundry machines. Set on a generous 6,550 square lot, this serene Spanish style retreat is located on a tranquil tree-lined street providing a haven in the bustling city. The property boasts eight garaged parking spaces and an impressive Walk Score of 91 which grants easy access to the vibrant lifestyle and amenities of West Hollywood and the surrounding areas. The property generates strong income and offers significant upside. The one-bedroom and studio rents are under market, and the tenants are open to discussing a "Cash for Keys" buyout. Also, an ADU can potentially be built on top of the garage resulting in even more upside. Finally, for qualified applicants the seller is willing to finance up to $1,250,000. Don't miss this rare opportunity to own a captivating piece of history in one of Los Angeles' most desirable neighborhoods. Click on the "Doc(s)" link to access a detailed executive summary including actual and market value metrics (GRM & CAP Rate), as well as a detailed financial summary.

Listing information courtesy of: Amie Vines, Keller Williams Coastal Prop. . *Based on information from the Association of REALTORS/Multiple Listing as of 09/20/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.