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936 N Harper Avenue — photo 1
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Units

4

Building Size

1,950 sf

Lot Size

6,157 sf

Status

Active

Listing Agent: Brian Joy, Berkshire Hathaway HomeServices California Properties

West Hollywood

936 N Harper Avenue

About This Property

Exceptional owner-user or investment opportunity in one of West Hollywood's most desirable residential neighborhoods. Offering a 5.83% CAP, 12.57 GRM, $103,782 NOI and $141,600 in gross annual income, this four-unit property combines strong current returns with an attractive owner-user opportunity. The beautifully updated 2-bedroom front residence is ideal for owner-user occupancy and features its own large, private and secluded yard and patio, while the three additional units currently generate $7,300 per month in rental income. Set behind mature hedging on a 6,157-square-foot lot, the property offers exceptional privacy, multiple outdoor spaces and a true residential feel. Each unit features updated kitchens and baths, in-unit laundry and private outdoor areas. An outstanding opportunity for an owner-user looking to enjoy the privacy and outdoor space of a single-family residence while benefiting from substantial rental income, or an investor seeking strong current returns in a prime West Hollywood location. Moments from Melrose Avenue, Santa Monica Boulevard and some of the area's best dining, shopping and entertainment. Some photos have been virtually staged.

Unit Mix

  • 1 unit · 2bd / 1ba
  • 3 units · 1bd / 1ba

Neighborhood

This property is located in West Hollywood. Want to learn more about the area?

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Asking Price

$1,780,000

Est. Monthly Payment

$11,374/mo

20% down · 6.5% rate · 30yr

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Listing Agent

Brian Joy

Berkshire Hathaway HomeServices California Properties