Listing provided courtesy of Alexander Yerekhman of Century 21 Hollywood. Last updated 2024-05-06 08:11:18.000000. Listing information © 2023 CRMLS.

Asking Price: $6,250,000

1047 Sierra Bonita, West Hollywood CA 90046

Community: ​C10 - West Hollywood Vicinity

Status: Active


This Apartment property was built in 1955 and is priced at $6,250,000. Please see the additional details below.
  • 0 Sq Ft
  • 0 bathrooms
  • 0 bedrooms
  • MLS#: 372448936
  • Type: Apartment
  • Year Built: 1955
Huge 250k Price Reduction! Once in a lifetime, 100% Vacant & Renovated 13 Units in West Hollywood cash flowing at an incredible 5.75% Cap Rate and 12.7 GRM. Priced at only 480k/door for units that have been completely remodeled from the studs with permits and boast a high-end aesthetic with new modern cabinets, flooring, recessed lighting, new bathrooms, new Mini Split AC systems, stainless steel appliances, washer/dryer inside, as well as major exterior capital improvements. On top of that, all the major systems have been updated including roof, electrical, plumbing, windows, HVAC, soft-story, etc. The unit mix provides unparalleled versatility with 5 (2bed/1bath) units, 6 (1bed/1bath) units, and 2 (studio/1bath) units. Each unit is individually metered for gas and electricity, ensuring convenience and efficiency. Potential for short-term vacation rental (Airbnb & Vrbo), longer-term furnished rentals, and government master leases to maximize income even further. Excellent West Hollywood location minutes from The Grove, Sunset Strip, and Beverly Hills.

Call or Email AK Luxury Properties now to inquire about this property

424-345-1600