NOT LISTED FOR SALE

1323 N Harper Ave West Hollywood, CA 90046

3 Beds
3 Baths
9,260 Sq Ft
9,947 Sq Ft Lot

Last Sold May 16, 2019

Last sale price $4,200,000 $454 Per Sq Ft

220 Days on Market

Highlights

  • 0.23 Acre Lot
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Midcentury Modern Architecture
  • No HOA
  • 3-minute walk to Havenhurst Park

About This Home

As of May 2019

Built in 1951, 1323 N Harper Ave is a remarkable 10-unit.
located in the A+ neighborhood of West Hollywood. 6 unit have
been tastefully remodeled featuring hardwood floors, new cabinets,
and brand-new stainless-steel appliances. With 9,260 Sq Ft of rentable space, 1323 N Harper Ave is comprised of (4) 2Bed/1Bath & (6) 1Bed/1Bath units, averaging over 900 Sq ft. Hollywood submarket of Los Angeles,
1323 N Harper Ave is just steps away from the popular Sunset Strip
and features a walk score of 87. West Hollywood is home to
fantastic restaurants, hotels, nightlife and shopping.

Last Agent to Sell the Property

Robyn Wonnell

KW Temecula License #01353690 Listed on: 08/14/2018

KW Temecula

Last Buyer's Agent

Robyn Wonnell

KW Temecula License #01353690

KW Temecula

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,580

Year Built

  • Built in 1951

Lot Details

  • 9,947 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • Midcentury Modern Architecture
  • Spanish Architecture
  • Apartment
  • Partial Copper Plumbing
  • Copper Plumbing

Interior Spaces

  • 9,260 Sq Ft Home
  • 2-Story Property
  • Gas Range

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Parking

  • 6 Open Parking Spaces
  • 15 Parking Spaces
  • 9 Attached Carport Spaces
  • Parking Available
  • Driveway Level
  • Off-Street Parking
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas, telephone
  • Tax Lot 8
  • Tax Tract Number 2266
  • Assessor Parcel Number 5554019008

Community Details

Overview

  • No Home Owners Association
  • 10 Units

Amenities

  • Laundry Facilities

Building Details

  • 10 Leased Units
  • Rent Control
  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $216,531
  • Net Operating Income $160,743

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,580

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 3.38
  • Property Attached: Yes
  • Zoning: WDR4*
  • Architectural Style: Mid Century Modern, Spanish
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5554019008
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Interior Amenities: Copper Plumbing Full, Copper Plumbing Partial
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Tile, Wood
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 453.56

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 9.00
  • Parking: Yes
  • Parking Features: Assigned, Attached Carport, Driveway Level, Off Street, On Site
  • Total Parking Spaces: 15.00
  • Uncovered Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Natural Gas
  • Laundry Features: Community, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 9947.00
  • Lot Size Acres: 0.2284

Rental Info

  • Tenant Pays: Electricity, Gas, Telephone

Multi Family

  • Average1 Bed Area: 850 Square Feet
  • Average2 Bed Area: 1040 Square Feet
  • Gross Income: 216531.00
  • Gross Operating Income: 204473.00
  • Gross Scheduled Income: 209415.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 639.00
  • Lot Size Area: 9947.0000 Square Feet
  • Net Operating Income: 160743.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 10
  • Number Of Units Total: 10
  • Number With Range: 10
  • Operating Expense: 43730.00
  • Other Income Description: Higher Gross Income= Jan 2019
  • Rent Control: Yes
  • Total Actual Rent: 209712.00

Tax Info

  • Tax Area: 1-319
  • Tax Census Tract: 7003.00
  • Tax Lot: 8
  • Tax Rate: 1.10
  • Tax Tract Number: 2266
  • Tax Annual Amount: 6580.00
  • Tax Year: 2018

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2024 03/22/24 Price Changed $2,700 +181.5% $3 / Sq Ft
03/22/2024 03/22/24 For Rent $959 0.0% --
05/16/2019 05/16/19 Sold $4,200,000 -11.6% $454 / Sq Ft
03/22/2019 03/22/19 Pending -- -- --
02/04/2019 02/04/19 Price Changed $4,750,000 -8.7% $513 / Sq Ft
08/14/2018 08/14/18 For Sale $5,200,000 -- $562 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Robyn Wonnell

    KW Temecula

    (951) 491-7800

    8 Total Sales

    Robyn Wonnell
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW18197916

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County West Hollywood 90046

1323 N Harper Ave, West Hollywood, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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