NOT LISTED FOR SALE

7638 Hampton Ave West Hollywood, CA 90046

14 Beds
14 Baths
8,870 Sq Ft
6,632 Sq Ft Lot

Last Sold May 20, 2013

Last sale price $2,810,000 $317 Per Sq Ft

59 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Forced Air Heating System
  • Ceiling Fan
  • Subterranean Parking

About This Home

As of May 2013

Gorgeous Remodel in Prime West Hollywood! Condo Quality Renovation & Excellent Income! The Brody Group of CAG is pleased to have exclusively listed 7638 Hampton Avenue. Located in the heart of West Hollywood, this beautifully remodeled 10 unit apartment building has been meticulously renovated, including completely new interiors of five of the 10 units featuring quartz countertops, hardwood flooring, stainless steel appliances, mosaic glass tile backsplashes, glass tile showers, custom glass shower doors, modern vanities, recessed lighting and so much more! 30% Rental Income Upside remains for the next owner of this immaculate building. Other renovations include interior and exterior paint, new windows, new washers & dryers in remodeled laundry room, resurfaced concrete, stone pavers and new landscaping. Cap on current income is 4.5%, with potential to go to nearly 7% on market rents. Unbelievable opportunity to buy a redone building with solid in-place income and upside potential!

Last Agent to Sell the Property

Dana Brody

Dana Brody License #01429001 Listed on: 03/08/2013

Last Buyer's Agent

Thomas Atamian

License #01739307

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 6,632 Sq Ft Lot

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 8,870 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 14 Bathrooms

Parking

  • 10 Parking Spaces
  • Subterranean Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System

Community Details

  • 10 Units

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 5530-007-015

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Mid-Century
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 8870
  • Stories: 2
  • Year Built: 1959
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 14
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 14.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Range/Oven
  • Price Per S Q F T: 343.86

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 10
  • Parking Garage: Subterranean
  • Total Parking: 10

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Forced Air
  • Water Expense: 4196.00

Condo/Co-op/Association

  • Professional Management: 10303.00

Fee Information

  • Insurance Expense: 3548.00
  • Maintenance Expense: 2500.00
  • Trash Expense: 2400.00

Lot Info

  • Assessed Improvement Value: 210114
  • Assessed Land Value: 40878
  • Assessor Parcel Number: 5530-007-015
  • Geocode Override: No
  • Lot Size Area: 6632

Rental Info

  • Owner Pays: Water

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115
  • Gross Rent Multiplier: 14.80
  • Number Of Units: 10
  • Total Annual Expense: 63072
  • Type Of Units: Multi-Family
  • Vacancy Rate: 3%

Tax Info

  • Tax Expense: 38125.00

Range of Values:

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Average Value
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List Price
Sold Price
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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 Change Sq Ft Price
05/20/2013 05/20/13 Sold $2,810,000 -7.9% $317 / Sq Ft
05/06/2013 05/06/13 Pending -- -- --
03/08/2013 03/08/13 For Sale $3,050,000 +76.8% $344 / Sq Ft
04/20/2012 04/20/12 Sold $1,725,000 +7.8% $194 / Sq Ft
03/29/2012 03/29/12 Pending -- -- --
03/14/2012 03/14/12 For Sale $1,600,000 -- $180 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Dana Brody

    Seller's Agent in 2013

    Dana Brody

    Dana Brody

    (310) 849-8151

    1 in this area

    29 Total Sales

    Dana Brody
    Section Image

  • T

    Buyer's Agent in 2013

    Thomas Atamian

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Map

Source: The MLS

MLS Number: 13-656699

The MLS
California Los Angeles County West Hollywood 90046

7638 Hampton Ave, West Hollywood, CA

This home is located at 7638 Hampton Ave, West Hollywood, CA 90046 since 08 March 2013. This property was built in 1959. 7638 Hampton Ave is a home located in Los Angeles County with nearby schools including Gardner Street Elementary School, Hubert Howe Bancroft Middle School, and Fairfax High School.

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