Built in 1951 and renovated in 2020, this 22-unit property is located in the premier West Hollywood neighborhood between Holloway Drive and Santa Monica Boulevard, a location featuring some of the city's most famous restaurants, bustling entertainment and nightlife scenes, local cafes, and boutique shopping destinations.990 Palm Avenue totals 9,158 SF featuring a unit mix that includes 21 singles and 1 one-bedroom. This turnkey investment provides an investor the opportunity to acquire a building with recent capital expenditures and zero deferred maintenance required. The subject property is being offered at a low price per square unit of $295,455.19 of 22 units have been recently renovated with gourmet kitchens featuring stainless-steel appliances (gas oven with designer range top, refrigerator, and microwave), quartz countertops and new cabinetry. The units also feature a designer bathroom with pedestal sink, stylish shower tiles, mirrored closet doors in the dresser area, wood inspired flooring in the living/bedroom area, sleek porcelain tiles in the kitchen and bathroom, large wall-to-wall and walk-in closets, and a designer lighting and finishes package.The building is set on a 12,477 SF lot with community amenities including controlled-access entry, a retreat courtyard with a firepit and barbecue...
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