Contemporary
1131 Alta Loma Road 109
West Hollywood , CA 90069
MLS#: 25582955
$699,000

Property
Beds
1
Full Baths
1
1/2 Baths
1
Year Built
1972
Sq.Footage
741
PRIME INVESTMENT OPPORTUNITY | TENANT IN PLACE | 5.5% GROSS YIELD. Rare south-facing condo with unobstructed views of the city and sparkling night lights, located in the prestigious Park Wellington in the heart of West Hollywood. This bright and stylish 1BD/1.5BA residence (~741 sqft). with modern kitchen, stainless steel appliances, remodeled baths, dark wood floors, and a large private balcony framing panoramic skyline vistas. Immediate cash flow: long-term tenant paying $3,190/month ($38,280 annually) under rent stabilization, with nearby comparable units renting $3,650 - $3,950/month. Resort-style amenities include a 24-hour concierge/doorman, saltwater pool with cabanas, pergola covered spa, sauna, state-of-the-art gym, tennis court, dog run, and secure parking. Residents also enjoy the rare perk of room service from the adjacent Sunset Marquis Hotel. Ideally positioned on coveted Alta Loma Road, just steps from Sunset Strip dining, boutiques, and nightlife, and minutes to Beverly Hills, Cedars-Sinai, and Hollywood. Priced at $699,000, this offering represents exceptional value in West Hollywood's premier full-service community. Property is being sold with a stable, long-term Tenant, offering immediate rental income in one of LA's most sought-after lifestyle communities. Tenant-occupied; 24-hour notice required for showings.
Features & Amenities
Interior
-
Total Bedrooms
1
-
Bathrooms
1
-
1/2 Bathrooms
1
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central
Exterior
-
Garage
Yes
-
Garage spaces
1
-
Parking
Assigned, Garage, Garage Door Opener, Gated, Community Structure
-
Pool
Yes
-
Pool Features
Community, Heated, Association
-
View
City Lights
Area & Lot
-
Lot Size(acres)
2.2992
-
Property Type
Residential
-
Property Sub Type
Condominium
-
Architectural Style
Contemporary
Price
-
Sales Price
$699,000
-
Sq. Footage
741
-
Price/SqFt
$943
HOA
-
Association
YES
-
Association Fee
$687
-
Association Fee Frequency
Monthly
-
Association Fee Includes
N/A
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
5
-
Association Amenities
Pool, Sauna, Spa/Hot Tub, Security, Tennis Court(s)
-
Senior Community YN
NO
Schedule a Showing
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Cristie St. James , Berkshire Hathaway HomeServices California Properties
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