Harper Apartments

 

1264 N Harper Ave | West Hollywood, California | 90046

$4,500,000

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ABOUT

  • Year Built: 1951
  • Type: Apartment
  • Units: 14
  • Bldg Size: 12,836 Sq Ft.
  • Lot Size: 15,194 Sq Ft.

AGENTS


ADDITIONAL INFORMATION

  • Highly Desirable West Hollywood Location
  • Ideal Unit Mix Comprised of 1+1 & 2+1 Units
  • Walking Distance to Famed Sunset Strip & Santa Monica Blvd.
  • Open-Air Courtyard with Community Seating
  • Extra Wide, Quiet Street

Harper House is a well-maintained 14-unit apartment building located in West Hollywood, California. The subject property is situated on Harper Ave between Sunset Blvd and Santa Monica Blvd, just south of Fountain Ave. The building offers an ideal unit mix comprised of eight 1 Bed/1 Bath units and six 2 Bed/1 Bath units. Parking is provided on-grade to tenants in either the front or rear parking lots. All parking is accessed via Harper Ave. Harper House is situated within a 2-minute walk of Santa Monica Blvd and Sunset Blvd, and about a 10-15-minute walk to all of the many attractions on the famed Sunset Strip. Harper House is an excellent investment opportunity that offers solid appreciation potential and upside in rents. Additionally, the building offers increased income potential to value-add investors based on future upgrades. As a stabilized investment, it would be a great addition to any apartment portfolio. The investment property consists of a 2-story wood framed stucco building built on a .35 acre lot (15,194sf). The total rentable square footage is approximately 12,836.