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945 Hilldale Ave 945 Hilldale Ave

5 Unit Block of Flats £1,506,216 (£301,243/Unit) 4.89% Net Initial Yield West Hollywood, CA 90069

Investment Highlights

  • Prime West Hollywood Location in Norma Triangle - The Most Sought After Rental Pocket of West Hollywood
  • Great Unit Mix with One (1) Newly Converted ADU
  • Solid Rental Upside Potential
  • Two (2) Units Will Be Delivered Vacant
  • Walking Distance to the Sunset Strip & Some of the Best Entertainment, Retail, & Restaurant Amenities in LA
  • Character Units with a Craftsman SFD in the Front, & a Spanish-Style Fourplex in the Back

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 £1,506,216
Price Per Unit £301,243
Sale Type Investment
Net Initial Yield 4.89%
Gross Rent Multiplier 13.81
No. Units 5
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.14 AC
Building Size 3,870 SF
Number of Floors 2
Year Built 1923
Parking Ratio 1.29/1,000 SF

Site Amenities

  • 24 Hour Access
  • Walk-Up

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
Studios 2 £1,619 774
1+1 2 £1,753 774
2+1 1 £3,573 774
Walk Score ®
Walker's Paradise (91)
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
4340-005-008
Land Assessment
£855,424 (2024)
Improvements Assessment
£197,810 (2024)
Total Assessment
£1,053,234 (2024)
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2023

zoning

Zoning Code WDR1B
WDR1B
  • Listing ID: 33238570

  • Date on Market: 19/09/2024

  • Last Updated:

  • Address: 945 Hilldale Ave, West Hollywood, CA 90069

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