For Sale Multi-Family MLS# 26991733

1235 N Detroit Street

West Hollywood, CA 90046

$4,500,000

california-regional-mls-rsd logo

About 1235 N Detroit Street

Situated near the intersection of Santa Monica Boulevard and La Brea Avenue, the three separate buildings are contained within one large 12,999 square foot parcel zoned WDR3C. Having earned a high Walk Score of 94 along with the title of "Walker's Paradise," the property allows tenants convenient access to several famous local neighborhoods and attractions. The Grove and The Original Farmers Market, along with The Beverly Center, the Sunset Strip, the Hollywood Bowl, and the Hollywood Walk of Fame are all within a short distance. Residents can also easily reach nearby Beverly Hills, Hancock Park, and Hollywood. According to recent reports from Niche.com, West Hollywood ranked #1 out of 111 neighborhoods in Los Angeles County among the Best Suburbs for Young Professionals, and ranked #2 in the entire state of California. With 80% of the West Hollywood population residing in rental housing, both occupancy rates and rents remain boosted in dense rental neighborhoods such as the area surrounding 1235-1239 N Detroit Street.

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1940
Stories
2
Living area
8,224 sqft
Price / sqft
$547
Lot
0.2984
Original price
$4,500,000
MLS #
26991733

Exterior & lot

Features
Parking spaces: 18
Construction
2
Lot
WDR3C*
Parking
Assigned

Schools

District
Los Angeles Unified School District

Financial

Parcel
5531008007
Special conditions
Standard

Location

Area
C10 - West Hollywood Vicinity
County
Los Angeles
Directions
We are pleased to announce the opportunity to purchase 1235-1239 N Detroit Street, an 18-unit multifamily property that includes an additional four non-conforming units, located in West Hollywood, CA.

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Listed by Roderick 'Rick' Raymundo, Marcus & Millichap

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.