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31272812
31272813

1015 N Vista St, West Hollywood, CA 90046

NM
CA 02070689
Marcus & Millichap - Encino
JT
CA 01772495
Marcus & Millichap - Encino
Listed by Marcus & Millichap - Encino
$3,250,000
90 days on market
Updated 49 days ago

1015 N Vista St

Details
APN 5531-023-019
Property Type Multifamily
Sub Type Apartment Building
Square Footage 8,094
Units 10
Cap Rate 5.85%
NOI $190,159
Occupancy 100%
Price per SqFt $402
Year Built 1962
Buildings 1
Stories 2
Lot Size (SqFt) 6,643
Zoning R3B

Multifamily | 10 Units | $325,000/unit

Investment highlights

Marcus and Millichap is pleased to present a ten (10) unit apartment building located at 1015 N Vista St in West Hollywood, California. The subject property is located in a prime West Hollywood location, just south of Santa Monica Blvd and west of La Brea Ave.

Located in prime West Hollywood, this rare, fully renovated 10-unit asset offers an ideal unit mix of eight one-bedroom and two two-bedroom apartments. Units were recently renovated with stainless steel appliances, in-unit washer/dryers, wide plank flooring, new windows, private patios, and open-concept layouts, with bathrooms upgraded to modern finishes. The property includes gated, on-grade parking. Positioned near key corridors such as Santa Monica Blvd, La Brea Ave, Fairfax Ave, and Sunset Blvd, the asset provides immediate access to premier dining, retail, and nightlife, as well as the Sunset Strip and Hollywood Entertainment District, making it highly attractive to renters seeking a vibrant, amenity-rich location.

Extensive capital expenditures, combined with a premier West Hollywood location, position the asset to command high market rents while offering investors a turnkey opportunity with strong long-term upside.

Listing Contacts

NM
CA 02070689
Marcus & Millichap - Encino
JT
CA 01772495
Marcus & Millichap - Encino
Listed by Marcus & Millichap - Encino

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$190,159.00
$15,846.58/mo

Valuation Metrics

0
DSCR
5.85%
Cap Rate
5.85%
ROI

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Additional Information

Name
Nick Mejerski
License
02070689
Brokerage
Marcus & Millichap
Title
Real Estate Broker
Brokerage Address
16830 Ventura Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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