NOT LISTED FOR SALE

943 Westbourne Dr West Hollywood, CA 90069

14 Beds
14 Baths
9,244 Sq Ft
7,427 Sq Ft Lot

Last Sold May 13, 2022

Last sale price $5,500,000 $595 Per Sq Ft

10 Days on Market

Highlights

  • Contemporary Architecture
  • Property is near a park
  • High Ceiling
  • West Hollywood Elementary School Rated A-
  • Wood Flooring
  • Stone Countertops

About This Home

As of May 2022

Investors dream property with 12 generously proportioned units to be delivered vacant! This well maintained 2 story building located in the heart of vibrant West Hollywood, north of Santa Monica and West of La Cienega, consist of 10 - 1bd/1ba & 2- 2bd/1.75 ba. 11 of the 12 units have been updated featuring: doubled paned windows, recessed lighting, a cook's kitchen with stainless steel appliances, Caesarstone or granite countertops, tile floors and wood cabinetry. There are Hardwood floors in all 12 units. The 12th unit is under construction and will be delivered "As is". Apartments are separately metered for electric and gas and 4 of the units have balconies. Lower-level ceilings have extra sound proofing per seller. To help keep expenses down, this property is thoughtfully landscaped with Xeriscaping. There are 10 secured covered parking spaces and storage cabinets for every unit plus washer/dryer hook-ups in the utility room. Boasting a walk-score of 94, this property is conveniently located within minutes of 5-star hotels, fine dining, entertainment, shopping and various options for public transportation. Close to many destination points, it's about a 5 minute drive to Melrose shopping and dining, The Grove and Beverly Hills making this property a highly desirable location for your future tenants who want the West Hollywood lifestyle.

Last Agent to Sell the Property

kim schneider

Sotheby's International Realty License #01042916 Listed on: 04/07/2022

Sotheby's International Realty

Co-Listed By

Tracey Clarke

Sotheby's International Realty License #01330679

Sotheby's International Realty

Last Buyer's Agent

Tracey Clarke

Sotheby's International Realty License #01330679

Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • 7,427 Sq Ft Lot
  • East Facing Home
  • Gated Home
  • Landscaped

Parking

  • 10 Car Attached Garage
  • Garage Door Opener
  • Automatic Gate
  • Parking Garage Space
  • Controlled Entrance

Home Design

  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 9,244 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Sliding Doors

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Wood Under Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 14 Bathrooms

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Rain Gutters

Location

  • Property is near a park
  • City Lot

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Gas Water Heater
  • Central Water Heater
  • Sewer in Street

Community Details

  • 12 Units
  • Community Mailbox
  • Rent Control

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for gardener, water, electricity, gas
  • Assessor Parcel Number 4339-007-005

Property Details

Home Type

Multi-Family

Year Built

Built in 1958 | Remodeled

Lot Details

0

Parking

10

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary
  • Street Number Display: Yes
  • Advertising Remarks: Investors dream property with 12 generously proportioned units to be delivered vacant! This well maintained 2 story building located in the heart of vibrant West Hollywood consist of 10 - 1bd/1ba, & 2- 2bd/1.34 ba. Great for entertaining, features include cook's kitchens, tiled backsplash, stainless steel appliances, Caesarstone or granite countertops, tile floors and wood cabinetry. There are Hardwood floors, recessed lighting and double paned windows throughout the building and units are separately metered for electric and gas. Additionally, 4 of the units have balconies, lower-level ceilings with extra sound proofing per seller and landscaped with xeriscaping. There are 10 secured covered parking spaces & storage cabinets for every unit plus washer/dryer hook-ups in utility room. A highly desirable location for future tenants who want the West Hollywood lifestyle.
  • Living Area: 9244
  • Lot Acreage: 0.1705
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1958
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Built-Ins, Recessed Lighting, High Ceilings (9 Feet+)
  • Number Dishwasher: 12
  • Number Disposal: 12
  • Number Range: 11
  • Number Refrigerator: 11
  • Flooring: Ceramic Tile, Hardwood, Wood Under Carpet
  • Appliances: Microwave, Oven-Gas, Cooktop - Gas
  • Bedrooms: 14
  • Common Walls: Attached
  • Kitchen Features: Stone Counters, Remodeled
  • Total Bathrooms: 14.00
  • Equipment: Dishwasher, Garbage Disposal, Freezer, Refrigerator, Range/Oven
  • Price Per S Q F T: 470.58
  • Windows: Double Pane Windows

Exterior Features

  • Direction Faces: East
  • Other Features: Balcony, High Ceilings (9 Feet+), Sliding Glass Doors
  • Other Structures: None
  • Tennis Court Y/N: No
  • Number Patio: 4
  • Paved: Yes
  • Pool: No
  • Roof: Composition
  • Spa Yn: No

Garage/Parking

  • Garage Spaces: 10
  • Covered Parking: 10
  • Garage Structures: 1
  • Parking Garage: Attached, Auto Driveway Gate, Community Garage, Covered Parking, Door Opener, Controlled Entrance
  • Total Parking: 10

Utilities

  • Water Heater: Central Water Heater, Gas
  • Cooling: Wall Unit(s), Electric
  • Electric Expense: 1080.00
  • Heating: Wall Gas
  • Number Electric Meters: 11
  • Number Gas Meters: 8
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Exterior Security Lights, Gated, Smoke Detector
  • Sewer: In Street
  • Water: District
  • Water Expense: 2010.00

Association/Amenities

  • Community Features: Community Mailbox

Fee Information

  • Gas Expense: 1680.00
  • Insurance Expense: 5380.00
  • Maintenance Expense: 5370.00
  • Trash Expense: 1600.00

Lot Info

  • Assessed Improvement Percent: 60.75
  • Assessed Improvement Value: 510325
  • Assessed Land Percent: 39.25
  • Assessed Land Value: 329744
  • Total Assessed Value: 840069
  • Assessor Parcel Number: 4339-007-005
  • Lot Description: Automatic Gate, Gutters, Landscaped, Sidewalks, Single Lot, Street Asphalt, Street Lighting, Curbs
  • Lot Location: City, Park Nearby
  • Lot Size Area: 7427

Rental Info

  • Owner Pays: Gardener, Water, Electricity, Gas
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity, Cable TV

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 12
  • Number Wall A C: 12
  • Total Annual Expense: 18800
  • Type Of Units: Apartments
  • Vacancy Rate: 12

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 Change Sq Ft Price
05/13/2022 05/13/22 Sold $5,500,000 +26.4% $595 / Sq Ft
04/17/2022 04/17/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $4,350,000 -- $471 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-140291

The MLS