Income Home for Sale in West Hollywood, California

8815 Cynthia Street, West Hollywood, California 90069, US

$ 15,425,000
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Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 15,425,000
  • MLS ID: 24424451
  • Property Type: Income Home
  • WEB ID: PR02950491
  • Property Status: Active
  • Lot Size: 17,763sqft
  •  Income Home for Sale in West Hollywood, California
  •  Income Home for Sale in West Hollywood, California
  •  Income Home for Sale in West Hollywood, California
  •  Income Home for Sale in West Hollywood, California
  •  Income Home for Sale in West Hollywood, California
  •  Income Home for Sale in West Hollywood, California
  •  Income Home for Sale in West Hollywood, California
  •  Income Home for Sale in West Hollywood, California
  •  Income Home for Sale in West Hollywood, California
  •  Income Home for Sale in West Hollywood, California
  •  Income Home for Sale in West Hollywood, California
  •  Income Home for Sale in West Hollywood, California
  •  Income Home for Sale in West Hollywood, California
  •  Income Home for Sale in West Hollywood, California
  •  Income Home for Sale in West Hollywood, California
  •  Income Home for Sale in West Hollywood, California
  •  Income Home for Sale in West Hollywood, California
  •  Income Home for Sale in West Hollywood, California
  •  Income Home for Sale in West Hollywood, California
  •  Income Home for Sale in West Hollywood, California
  •  Income Home for Sale in West Hollywood, California
  •  Income Home for Sale in West Hollywood, California

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

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  • Price: $ 15,425,000
  • MLS ID: 24424451
  • Property Type: Income Home
  • WEB ID: PR02950491
  • Property Status: Active
  • Lot Size: 17,763sqft
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.

Additional Features

  • Central
  • Multi/Split
  • Parking spaces: 47.00
  • Listing Status: Active
  • Listing Agent: Jonathan Taksa (lic# 01366169) of Beverly Hills/Greater LA
  • Listing Office: Remax Commercial and Investment Realty (lic# 01508014)
  • Based on information from CRISNet MLS as of 20th January 2025 at 10:17am. 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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