Apartment Building with
1000 Hammond Street West Hollywood, CA 90069
For Sale
Contact for pricing
Twelve-unit apartment building with sizable balconies, parking/storage, and two vacant units available for immediate leasing.
Property Size9,000 SF
Price / SF$700
Days on Market58
Property Features for 1000 Hammond Street
General Information
- Standard status
- Active
- Size
- 9,000 SF
- Property subtype
- Multifamily
Listing Agency:
Exclusive Realty & Finance
Listed By:
Harry Babajoni · License #01267105
Source:
Crexi
Added: May 28
Changed: Jul 10
Last Checked: Jul 23 at 3:30PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Exclusive Realty & Finance
Investment Insights
Based on property information with market context.
This apartment building offers 12 residential units configured as 8 one-bedroom units, 2 two-bedroom units, and 2 large studio units. Units feature huge balconies, and the property includes available parking and storage. According to the seller, the building was built in the late 1950s with work dated 2020, and the gross annual income is approximately $350,000, which includes two vacant units. Operating expenses are listed at approximately $12,000, with property tax approximately $70,000 and property insurance approximately $20,000.
The property is located at 1000 Hammond Street in West Hollywood, California. The seller reports a land area of 7,000 SF and a built size/GLA of 9,000 SF, and notes the presence of currently vacant units (a 2+2 and a single).
For buyers or operators seeking stabilized multifamily income with room to implement leasing and tenant mix improvements, the current vacancies provide an immediate path to occupancy. In addition, the seller has an RTI plan to convert approximately 3,000 SF of existing dead space into 2 additional two-bedroom units (2+2), subject to city approval. The seller states this conversion could potentially increase annual NOI by at least $180,000, and buyers are instructed to verify requirements independently and confirm the sale cannot be contingent on the city approval outcome.
The property is located at 1000 Hammond Street in West Hollywood, California. The seller reports a land area of 7,000 SF and a built size/GLA of 9,000 SF, and notes the presence of currently vacant units (a 2+2 and a single).
For buyers or operators seeking stabilized multifamily income with room to implement leasing and tenant mix improvements, the current vacancies provide an immediate path to occupancy. In addition, the seller has an RTI plan to convert approximately 3,000 SF of existing dead space into 2 additional two-bedroom units (2+2), subject to city approval. The seller states this conversion could potentially increase annual NOI by at least $180,000, and buyers are instructed to verify requirements independently and confirm the sale cannot be contingent on the city approval outcome.
Key Highlights
- 12‑unit apartment building (8x 1‑bedroom, 2x 2‑bedroom, 2 large luxury studios) with huge balconies
- GLA 9,000 SF on a 7,000 SF land area; built late 1950s with 2020 updates
- Includes available parking/storage; two vacant units currently available for immediate leasing
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Twelve-unit apartment building with sizable balconies, parking/storage, and two vacant units available for immediate leasing.
Where is this apartment building located?
The property is located at 1000 Hammond Street West Hollywood, CA.
What is the asking price?
The asking price for this property is $6,300,000.
What are key features of this property?
This property features: 12‑unit apartment building (8x 1‑bedroom, 2x 2‑bedroom, 2 large luxury studios) with huge balconies; GLA 9,000 SF on a 7,000 SF land area; built late 1950s with 2020 updates; Includes available parking/storage; two vacant units currently available for immediate leasing
