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Charlie Chaplin's Former WeHo Residence 8225 Fountain Ave

7 Unit Block of Flats £5,372,068 (£767,438/Unit) 4.39% Net Initial Yield West Hollywood, CA 90046

Investment Highlights

  • Formerly home to Charlie Chaplin, Humphrey Bogart, Joyce Van Patten, Paulette Goddard, Joan Fontaine, and Suzanne Pleshette
  • Patio del Moro is a member of the National Register of Historic Places and the Harper Avenue Historic District
  • Most units feature handcrafted beam work, lofty spaces with high ceilings, original fireplaces, Juliet balconies, arched windows, french doors, & more
  • Arthur & Nina Zwebell built this storybook complex in 1925, a husband & wife design team known for innovating the SoCal courtyard apartment
  • Andalusian and Moorish-inspired architecture boasts a copper-domed Tunisian tower, horseshoe-arched entrance tunnel, tiled fountains, & fireplaces
  • Patio del Moro is a part of the Golden Era Collection, four impeccably restored multifamily complexes in prime Los Angeles locations

Executive Summary

*** 3rd Price Reduction - $625,000 from originally listed price *** Patio del Moro is a true West Hollywood landmark on the National Register of Historic Places since 1986. This Spanish-Revival style courtyard complex features 7 maisonette apartments formerly home to Charlie Chaplin, Humphrey Bogart, Joyce Van Patten, Paulette Goddard, Joan Fontaine, and Suzanne Pleshette. Arthur and Nina Zwebel built this storybook complex in 1925, a husband and wife design team known for innovating the Southern California courtyard-style apartment design. With a premier, West Hollywood address Patio del Moro is located just 1 block south of the famed Chateau Marmont on the Sunset Strip. Its distinctive Andalusian and Moorish-inspired architecture boasts a copper-domed Tunisian tower, horseshoe-arched entrance tunnel, and tiled fountains in the private and public patios and fireplaces. Intertwined private terraces and patios, Juliet balconies, and private outdoor spaces distinguish Patio del Moro. Most units feature handcrafted beam work, lofty spaces with high ceilings, original fireplaces, Juliet balconies, oversized arched windows, french doors, private patios, and unique tilework throughout each whimsical space. As part of the historic Harper Avenue District, Patio del Moro is a Mills Act property with a financial incentive for historic preservation, offering owners who invest in rehabilitating historic buildings property tax savings. Patio del Moro is a part of the Golden Era Collection, four impeccably restored multifamily complexes in Los Angeles. Please contact Kenny Stevens & Alyson Richards for more info.

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £5,372,068
Price Per Unit £767,438
Sale Type Investment
Net Initial Yield 4.39%
Gross Rent Multiplier 17.4
No. Units 7
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.18 AC
Building Size 9,330 SF
Average Occupancy 88%
Number of Floors 2
Year Built 1926
Parking Ratio 0.64/1,000 SF

Unit Amenities

  • Balcony
  • Fireplace
  • Heating
  • Tile Floors
  • Wooden Floors
  • Vaulted Ceiling
  • Walk-In Closets
  • Built-In Bookshelves
  • Dining Room
  • Office
  • Patio
  • Porch

Site Amenities

  • Controlled Access
  • Courtyard
  • Vintage Building
  • Zen Garden

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
3+2 1 £5,333 -
2+2 2 £3,830 -
2+1 2 £3,790 -
1+1 2 £2,160 -
Walk Score ®
Walker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5554-017-008
Land Assessment
£1,269,501 (2024)
Improvements Assessment
£846,597 (2024)
Total Assessment
£2,116,098 (2024)
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2023

zoning

Zoning Code WDR4* (Neighborhood Commercial)
WDR4* (Neighborhood Commercial)
  • Listing ID: 30939543

  • Date on Market: 12/02/2024

  • Last Updated:

  • Address: 8225 Fountain Ave, West Hollywood, CA 90046

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