8815 Cynthia Street, West Hollywood, CA 90069
-
Listed Price :
$15,425,000
-
Beds :
40
-
Baths :
40
-
Property Size :
23,675 sqft
-
Year Built :
1989
Property Description
Huge price reduction!!! 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 isNOT 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 secureentry, 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.
Interior Features
| Bedroom Information |
| Bedrooms |
40 |
| Bathroom Information |
| Bathrooms |
40 |
| Interior Information |
| Cooling Type |
Central Air |
Listing Information
| Address |
8815 Cynthia Street |
| City |
West Hollywood |
| State |
CA |
| Zip |
90069 |
| County |
Los Angeles |
| Listing Agent |
Jonathan Taksa DRE #01366169 |
| Courtesy Of |
Remax Commercial and Investment Realty |
| List Price |
$15,425,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
23,675 |
| Lot Size |
17,763 |
| Year Built |
1989 |
Listing information courtesy of: Jonathan Taksa, Remax Commercial and Investment Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 4th, 2024 at 10:45 PM 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.
