315 S Hamel Road

    Los Angeles (City), CA 90048
    • $3,950,000
    • STATUS: Closed
    • ON SITE: 203 days
    • ID#: 19428464
    Sold - 03/29/2019
    $3,950,000
    SOLD - 03/29/2019
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,000
      SQFT
    • $0
      $/SQFT
    Type:
    Multi-Family
    Built:
    1954
    County:

    School Ratings & Info

    Description

    The offering is a Rare opportunity to acquire a 100% Vacant property in one of the most desirable locations in Los Angeles. Situated on Hamel Road, sandwiched between Beverly Hills & West Hollywood, this location allows tenants to enjoy one of the Trendiest areas in Los Angeles. Built in 1954 the property consists of Nine- 1 Bedroom/ 1 Bathroom units and Two- Single/1 Bathroom units, all of which will be delivered Vacant at the Close of Escrow. The Seller Financing is Available! Seller to carry 65-70% @ 6% Interest Only for 24 Months. The property is Conveniently located between Robertson Blvd and La Cienega Blvd, North of Burton Way and South of 3rd Street, there are a plethora of entertainment options, fine dining establishments, groceries stores and shopping options with immediate walking distance to the property.

    Sold by Cesar Ochoa of Pinnacle Estate Properties, Inc..

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-08-20T23:31:05.977. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.
    www.bestlahomefinder.com/homes/91248600

    315 S Hamel Road Los Angeles (City), CA 90048

    • Price: $4,100,000
    • Status: Closed
    • Updated: 6 min ago
    • ID#: 19428464
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    6,000
    SQFT
    $0
    $/SQFT
    1954
    Built
    Neighborhood:
    C19 - Beverly Center-Miracle Mile
    County:
    Los Angeles
    Area:
    C19 - Beverly Center-Miracle Mile
    Property Description
    The offering is a Rare opportunity to acquire a 100% Vacant property in one of the most desirable locations in Los Angeles. Situated on Hamel Road, sandwiched between Beverly Hills & West Hollywood, this location allows tenants to enjoy one of the Trendiest areas in Los Angeles. Built in 1954 the property consists of Nine- 1 Bedroom/ 1 Bathroom units and Two- Single/1 Bathroom units, all of which will be delivered Vacant at the Close of Escrow. The Seller Financing is Available! Seller to carry 65-70% @ 6% Interest Only for 24 Months. The property is Conveniently located between Robertson Blvd and La Cienega Blvd, North of Burton Way and South of 3rd Street, there are a plethora of entertainment options, fine dining establishments, groceries stores and shopping options with immediate walking distance to the property.
    Exterior Features

    Lot Size Units Square Feet

    Interior Features

    Appliances None Appliances YN No Cooling None Cooling YN No Laundry Features None

    Property Features

    Cap Rate 5.43 Gross Multiplier 13.90 Gross Operating Income 294840.00 Improvements Amount 444512 Land Value 448079 Laundry YN No Net Operating Income 222796.00 Special Listing Conditions Standard Total Expenses 72044.00 Zoning Lar3

    Listing provided courtesy of Michael Monempour of Kidder Mathews Of California,


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-08-20T23:31:05.977. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.
     
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    475 E. Badillo Street
    Covina CA, 91723