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8985 Keith Ave
Off-Market Call for Pricing
Call for Pricing
- 5 Bedrooms
- 4.00 Bathrooms
- 2,288 Sq Ft
- 5,370 Sq Ft
Description
We are pleased to present a four (4) unit apartment building located at 8985 Keith Avenue in West Hollywood, California. The subject property is situated in a prime Norma Triangle location, north of Santa Monica Boulevard and east of N Doheny Drive. Built in 1930, this property contains a good unit mix of three (3) one-bedroom / one-bathroom units and one (1) two-bedroom / one-bathroom unit. Select units have been tastefully renovated with new countertops, flooring, in unit washer and dryer machines, and new tiles in the bathrooms. All of the units a re separately metered for gas and electric. This character, Spanish style asset boast two (2) detached buildings giving the residents a strong sense of privacy. This property features fully parked surface parking. The Norma Triangle is home to numerous amazing amenities, some of the closest include amazing stops along Santa Monica Boulevard: Rocco's WeHo, Bottega Louie WeHo, Hauser & Wirth, Dayglow, The Troubadour, WeHo Bistro, Barney's Beanery, and many more. Less than half a mile south, tenants will find outdoor recreation at the West Hollywood Park as well as other trendy destinations such as Revolver Video Bar, Hi Tops Bard, Insomnia Cookies, Salt & Straw, WEHO WHO WHAT WEAR, and others. Located in the prestigious location of Norma Triangle, this offering presents an excellent opportunity for any investor to acquire a Spanish style asset utilizing 30-year fixed residential financing to add multiple ADU units to the center of the property.
Owner
Do you own or manage this property?
This is My PropertyAmenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,900,000 |
| Property Type | Fourplex (4-units) |
| Usable Sqft | 2,288 |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1930 |
| Last Sold | March 03, 2025 |
| Sold Price | 1,845,000 |
| APN # | 4340015009 |
| MLS # | 24456297 |
| Property ID | 319375675 |
| Lot Sqft | 5,370 |
| Zoning | WDR2* |
| Total Units | 4 |
| Date Updated | March 03, 2025 |
| Date Created | October 23, 2024 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 1 | 1.00 | $2,300 | $2,600 |
| Unit #2 | 1 | 1.00 | $2,350 | $2,600 |
| Unit #3 | 1 | 1.00 | $2,395 | $2,600 |
| Unit #4 | 2 | 1.00 | $2,895 | $3,400 |
| Gross Income (Yr) | $ 115,702 |
| Operating Expenses | $ 30,360 |
| Net Income (Yr) | $ 85,342 |
| Cap Rate | 4.49% |
Listing Provided By
Jason Tuvia an agent of . Lic #01772495
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Robert Crawford
REAL ESTATE AGENT