Active
8815 Cynthia St
West Hollywood CA, 90069
$15,425,000
$651.53 per sqft
Active
40 Beds
40 Baths
23,675 sqft
Multi-family
Built in 1989
Huge price reduction!!! 8815 Cynthia Street is a prestigious opportunity to acquire a property in one of the best rental locations in prime West Hollywood. Built in 1989, the property isNOT subject to the city of West Hollywood's rent control (AB 1482 does apply). 4 of the units are subject to lower income covenants. The beautiful courtyard property boasts an ideal unit mix consisting of all 19 two-bedroom two bath units and 2 one-bedroom one bath units. Each of the units is extremely spacious, has a terrific floor plan, and offers an abundance of natural light. Units feature upgraded and luxurious amenities including stainless steel appliances, quartz or granite countertops, fireplaces, vinyl or laminate flooring, spacious kitchens/bedrooms/bathrooms, large balconies/patios, individual water heaters, and central heat and air conditioning. Other property features include secureentry, copper plumbing, 18 camera video system, and gated subterranean parking (an incredible 47 parking spaces for 21 units). 8815 Cynthia Street is regarded as a "Walker's Paradise" as it features an incredible Walk Score of 92. With such an abundance of parking and an ideal unit mix, the property is well positioned for an investor looking for a condominium conversion project. This rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier asset in one of the best rental locations in all of Los Angeles.
24-424451
MLSⓇ ID
August 6, 2024
Listed
December 4, 2024
Updated
Map
8815 Cynthia St
West Hollywood CA, 90069
Interior Features
Total Stories
3
Bedrooms
40
Total Bathrooms
40
Appliances
None
Fireplace
No
Cooling
Yes
Cooling Description
Central
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.41 Acres
Other Property Details
Area Name
West Hollywood Vicinity
Days on Market
120
Garage
No
Parking
Subterranean
Parking Total
47
View
No
County
Los Angeles
Pool
No
Zoning
LCR4*
Listing History
Date | Event | Price |
---|---|---|
12/4/2024 | Price change | $15,425,000 -9% |
Listed by Jonathan Taksa with Remax Commercial and Investment Realty
Listing Contact: 310-968-5303
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Ammann Estates | CA DRE# 01894083 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 12/4/2024