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8985 Keith Ave

West Hollywood, CA 90069
  • $1,900,000
  • STATUS: Active Under Contract
  • ON SITE: 83 Days
  • MLS #: 24-456297
Under Contract
UPDATED: 38 min ago
$1,900,000
  • 5
    BEDS
  • 0.12
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,288
    SQFT
  • $830
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1930
County:

School Ratings & Info

Description

We are pleased to present a four (4) unit apartment building located at 8985 Keith Avenue in West Hollywood, California. The subject property is situated in a prime Norma Triangle location, north of Santa Monica Boulevard and east of N Doheny Drive. Built in 1930, this property contains a good unit mix of three (3) one-bedroom / one-bathroom units and one (1) two-bedroom / one-bathroom unit. Select units have been tastefully renovated with new countertops, flooring, in unit washer and dryer machines, and new tiles in the bathrooms. All of the units a re separately metered for gas and electric. This character, Spanish style asset boast two (2) detached buildings giving the residents a strong sense of privacy. This property features fully parked surface parking. The Norma Triangle is home to numerous amazing amenities, some of the closest include amazing stops along Santa Monica Boulevard: Rocco's WeHo, Bottega Louie WeHo, Hauser & Wirth, Dayglow, The Troubadour, WeHo Bistro, Barney's Beanery, and many more. Less than half a mile south, tenants will find outdoor recreation at the West Hollywood Park as well as other trendy destinations such as Revolver Video Bar, Hi Tops Bard, Insomnia Cookies, Salt & Straw, WEHO WHO WHAT WEAR, and others. Located in the prestigious location of Norma Triangle, this offering presents an excellent opportunity for any investor to acquire a Spanish style asset utilizing 30-year fixed residential financing to add multiple ADU units to the center of the property.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-01-15T19:43:16.997. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/157086544
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8985 Keith Ave West Hollywood, CA 90069

  • Price: $1,900,000
  • Status: Active Under Contract
  • On Site: 83 Days
  • Updated: 38 min ago
  • MLS #: 24-456297
5
Beds
4
Baths
0
½ Baths
0.12
Acres
2,288
SQFT
$830
$/SQFT
1930
Built
Neighborhood:
West Hollywood Vicinity
County:
Los Angeles
Area:
West Hollywood Vicinity
Property Description
We are pleased to present a four (4) unit apartment building located at 8985 Keith Avenue in West Hollywood, California. The subject property is situated in a prime Norma Triangle location, north of Santa Monica Boulevard and east of N Doheny Drive. Built in 1930, this property contains a good unit mix of three (3) one-bedroom / one-bathroom units and one (1) two-bedroom / one-bathroom unit. Select units have been tastefully renovated with new countertops, flooring, in unit washer and dryer machines, and new tiles in the bathrooms. All of the units a re separately metered for gas and electric. This character, Spanish style asset boast two (2) detached buildings giving the residents a strong sense of privacy. This property features fully parked surface parking. The Norma Triangle is home to numerous amazing amenities, some of the closest include amazing stops along Santa Monica Boulevard: Rocco's WeHo, Bottega Louie WeHo, Hauser & Wirth, Dayglow, The Troubadour, WeHo Bistro, Barney's Beanery, and many more. Less than half a mile south, tenants will find outdoor recreation at the West Hollywood Park as well as other trendy destinations such as Revolver Video Bar, Hi Tops Bard, Insomnia Cookies, Salt & Straw, WEHO WHO WHAT WEAR, and others. Located in the prestigious location of Norma Triangle, this offering presents an excellent opportunity for any investor to acquire a Spanish style asset utilizing 30-year fixed residential financing to add multiple ADU units to the center of the property.
Exterior Features

Levels Two Lot Description Lot Shape-IrregularLandscapedSingle LotSidewalks Lot Location City Lot Size Area 5370 Other Structures None Parking Garage Uncovered Paved YN Yes Pool Description None Pool YN No Spa None Spa YN No Style Spanish Tennis Court None Tennis YN No Total Parking 4 View Description City View YN Yes

Interior Features

Common Walls Attached Cooling Air Conditioning Equipment Built-InsDishwasherRefrigeratorRange/Oven Flooring Wood Heating Wall Laundry In Unit Laundry Equipment Own Water Heater Features Water Heater Unit

Property Features

Assessed Total Value 1784827 Disclosures As Is Gross Income 119280 Gross Operating Income 115702 Land Lease Type Fee Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 85342.00 Number Of Buildings 2 Number Of Units 4 Property Condition Additions/AlterRepair CosmeticUpdated/Remodeled Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 30360 Type Of Units Market Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning WDR2*

Listing provided courtesy of Jason Tuvia DRE#01772495 of Marcus & Millichap: 818-212-2700.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-01-15T19:43:16.997. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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