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954 Palm Ave
West Hollywood, CA 90069

$21,000,000 USD

Apartments For Sale  •  42,904 SF

Property Details

  • Property Type Apartments
  • Total Building Size 42,904 SF
  • Lot Size 0.86 AC
  • Building Class C
  • Year Built 1969
  • Zoning R4, West Hollywood
70 Transit Score
80 Walk Score

Highlights

Assumable Debt: $12M Fannie Mae Loan Assumption at 2.54% Interest Only with 5.5+yrs of Term Remaining (Q4-2031 Maturity)
First Time on The Market in 25+ Years
Value-Add Opportunity: $1k per Unit Average Post-Reno Rent Premiums
Unmatched Amenities: Swimming Pool, Jacuzzi Spa, Sun Deck, Fitness Center, Grilling Station, Outdoor Dining Spaces, 65 Gated Parking Spaces
1 of 4 Multifamily Assets in Norma Triangle on a Double-Lot with Access From Two Streets
West Hollywood's Best Location, Steps from Sunset Strip

Property Flyers

Amenities

  • Air Conditioning
  • Balcony
  • Controlled Access
  • Courtyard
  • Dishwasher
  • Fitness Center
  • Laundry Facilities
  • Pool
  • Property Manager on Site
  • Spa
  • Storage Space
  • Washer/Dryer
  • Gated
  • Doorman
  • Furnished Units Available
  • Grill
  • Recycling
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Sundeck

Public Transportation

AirportDriveWalkDistance
Bob Hope 23 min - 11.9 mi
Los Angeles International 24 min - 12.0 mi
Long Beach (Daugherty Field) 42 min - 28.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 65
Type: Covered
Included in Rent: Yes
Luc Whitlock 310-872-8004 JLL
Luc Whitlock 310-872-8004 JLL