MLS® ID: 19493976
1263 N CRESCENT HEIGHTS
West Hollywood, California, 90046 $3,950,000
Buyer can purchase this charming property with only $1.7 Million down payment and get a new loan of $2,250,000 & receive 5.1% cash on cash return. Charming property with 1 & 2 bedroom units. Units with recessed lighting, hardwood floors. Most have central A/C. Copper plumbing, new drains, and new electrical panel. Significant (18%) upside in rents. 4.3% Cap with existing rents; 5.4% cap with rents at market. 7.7% cash on cash return with rents at market.