8730 Holloway Drive

West Hollywood , CA 90069

MLS#: 25586183

$5,605,000

Status: Active
Listing number: 25586183
Listing provided by: Paloma Realty Partners, Inc.
Listing agent phone: None
Last update: 4 days ago
On site: 12 days ago
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Property

Beds

16

Full Baths

None

1/2 Baths

None

Year Built

1950

Sq.Footage

10,744

Paloma Realty Partners is proud to present 8730-8736 Holloway Drive, a 16-unit value-add multifamily offering located in the heart of West Hollywood just steps from the world-famous Sunset Strip. This is a rare opportunity to acquire two adjacent eight-unit buildings on separate APNs totaling 10,744 SF of rentable space, situated on a 12,014 SF lot. The property features a mix of renovated and classic one-bedroom units, with seven current vacancies. Investors have immediate lease-up potential and the ability to capitalize on West Hollywood's premium rental rates, which range from $2,750 to $3,250 for similar units. The property comes with 16 parking spaces(12 covered, 4 open) and is located close to popular hotspots, keeping the neighborhood in high demand among affluent renters.

Features & Amenities

Interior

  • Total Bedrooms

    16

  • Bathrooms

    N/A

  • Heating YN

    NO

  • Heating

    None

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Covered

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.28

  • Property Type

    Residential Income

Price

  • Sales Price

    $5,605,000

  • Sq. Footage

    10, 744

  • Price/SqFt

    $521

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Senior Community YN

    NO

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Location

County

Los Angeles

Elementary School

Middle School

High School

Listing Courtesy of Adam Kanizo , Paloma Realty Partners, Inc.

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Paloma Realty Partners is proud to present 8730-8736 Holloway Drive, a 16-unit value-add multifamily offering located in the heart of West Hollywood just steps from the world-famous Sunset Strip. This is a rare opportunity to acquire two adjacent eight-unit buildings on separate APNs totaling 10,744 SF of rentable space, situated on a 12,014 SF lot. The property features a mix of renovated and classic one-bedroom units, with seven current vacancies. Investors have immediate lease-up potential and the ability to capitalize on West Hollywood's premium rental rates, which range from $2,750 to $3,250 for similar units. The property comes with 16 parking spaces(12 covered, 4 open) and is located close to popular hotspots, keeping the neighborhood in high demand among affluent renters.

8730 Holloway Drive

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