8815 Cynthia Street
$15,425,000
40
40
23,675
23,675
$652
Description
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...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.
- Listed by Jonathan Taksa • DRE #01366169 • Brokerage DRE #01164364 • Remax Commercial and Investment Realty
Property Details for 8815 Cynthia Street
Zoning
LCR4*
Parcel Number4339013028
Total Units21.0
Living Area23675
Source Living AreaOther
AreaWest Hollywood Vicinity (C10)
Vacancy Rate3%
Lot Size Area17763
LISTING UPDATED: 12/04/2024 02:26 PM
Property Details for 8815 Cynthia Street
Status | Active |
---|---|
MLS # | 24-424451 |
Days on Market | 176 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1989 |
Lot Size | 0.41 AC / 17,763 SF |
County | Los Angeles County |
Building Information for 8815 Cynthia Street
Stories3Residences-Year Built1989Building Size-Lot Size0.41 AC / 17,763 SF
Property Information for 8815 Cynthia Street
Property History for 8815 Cynthia Street
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 8815 Cynthia Street
Taxable ValueLand$11,155,189Additions$4,464,575Total$15,619,764
Tax Record2024$191,447 ($15,954 / month)
Home Facts
Total Finished SqFt24,883 SqFtAbove Grade Finished SqFt24,883 SqFtLot Size17,758 SqFtStyleMulti-Family Res (5+ Units)Year Built1922ZoningLCR4*CountyLOS ANGELESAPN4339-013-028
Schools near 8815 Cynthia Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 7 to 12 |
Rating | School | Distance |
---|---|---|
West Hollywood Elementary School PublicK to 5 | ||
Hubert Howe Bancroft Middle School Public6 to 8 | ||
Fairfax Senior High School Public9 to 12 | ||
West Hollywood Opportunity School Public7 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.