8730 Holloway Dr
W Hollywood, CA 90069
16 Beds16 Baths10,744 Sq Ft25 Days on Market
For Sale $5,800,000
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Courtesy of Marcus & Millichap
Listing Agent & Comments
We are pleased to present the exclusive listing of 8730-8736 Holloway Drive. The properties built in 1950 consist of two eight (8) unit buildings (with their own APN#'s) side by side totaling sixteen (16) units with a total of 10,744 rentable square feet on a 12,014 square foot lot. The property offers a compelling investment opportunity in one of the most sought-after areas of Los Angeles, steps to the iconic Sunset Strip. The buildings feature a mix of renovated and standard one-bedroom, one-bathroom apartments. Seven of the units have been fully renovated with high-end finishes such as stainless-steel appliances, hardwood floors, quartz countertops, and updated fixtures, while the remaining nine units offer standard features. With six of the 16 units currently vacant, there is significant upside potential for the investor to quickly lease up these units and generate immediate cash flow. The property also offers ample parking with 12 covered spaces and four surface spaces, a valuable amenity in this urban area. Of note, the soft story retrofit has been completed. Located a 10-minute walk from the Sunset Strip, residents enjoy proximity to an array of entertainment, dining, and nightlife options, including famous venues like Soho House, Rainbow Bar & Grill, The Roxy Theatre, and Sunset Plaza. The neighborhood also offers excellent access to grocery stores like Whole Foods, Trader Joe's, and Ralph's, making it an attractive area for renters seeking convenience and a vibrant lifestyle. The building's community amenities, including controlled entry access and on-site laundry, further enhance its appeal to tenants. West Hollywood's strong rental demand and the area's high desirability as a cultural and entertainment hub offer significant potential for rental growth. The property's location in such high-demand area ensures a steady stream of potential tenants, and the vacancy rate presents a solid opportunity for the investor to capitalize on lease-up potential. Overall, this property offers strong potential for both short-term income through the lease-up of vacant units and long-term value appreciation as West Hollywood continues to grow and attract both renters and investors. The combination of its prime location, desirable unit features, and proximity to key West Hollywood landmarks makes 8730-8736 Holloway Dr an attractive investment opportunity in one of LA's most vibrant neighborhoods.
MLS# 24468333 • Data provided by CRMLS
Living Area | 10,744 Sq.Ft. |
---|---|
Lot Size | 0.3 Acres |
Total Rooms | -- |
Bedrooms | 16 |
Bathrooms | 16 |
Stories | 2 |
Year Built | 1950 |
Property Type | Multifamily |
Zoning | WDR4* |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $42,778 |
Property in Flood Zone | -- |
Data provided by CRMLS.
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More Information On This Home
This home's estimated value
$5,409,965
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties and rental estimate
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HouseCanary, Inc. Brokerage
8730 Holloway Dr., W Hollywood, CA 90069
Multifamily16 Beds16 Baths10,744 Sq Ft25 Days on Market
Listing Agent & Comments
We are pleased to present the exclusive listing of 8730-8736 Holloway Drive. The properties built in 1950 consist of two eight (8) unit buildings (with their own APN#'s) side by side totaling sixteen (16) units with a total of 10,744 rentable square feet on a 12,014 square foot lot. The property offers a compelling investment opportunity in one of the most sought-after areas of Los Angeles, steps to the iconic Sunset Strip. The buildings feature a mix of renovated and standard one-bedroom, one-bathroom apartments. Seven of the units have been fully renovated with high-end finishes such as stainless-steel appliances, hardwood floors, quartz countertops, and updated fixtures, while the remaining nine units offer standard features. With six of the 16 units currently vacant, there is significant upside potential for the investor to quickly lease up these units and generate immediate cash flow. The property also offers ample parking with 12 covered spaces and four surface spaces, a valuable amenity in this urban area. Of note, the soft story retrofit has been completed. Located a 10-minute walk from the Sunset Strip, residents enjoy proximity to an array of entertainment, dining, and nightlife options, including famous venues like Soho House, Rainbow Bar & Grill, The Roxy Theatre, and Sunset Plaza. The neighborhood also offers excellent access to grocery stores like Whole Foods, Trader Joe's, and Ralph's, making it an attractive area for renters seeking convenience and a vibrant lifestyle. The building's community amenities, including controlled entry access and on-site laundry, further enhance its appeal to tenants. West Hollywood's strong rental demand and the area's high desirability as a cultural and entertainment hub offer significant potential for rental growth. The property's location in such high-demand area ensures a steady stream of potential tenants, and the vacancy rate presents a solid opportunity for the investor to capitalize on lease-up potential. Overall, this property offers strong potential for both short-term income through the lease-up of vacant units and long-term value appreciation as West Hollywood continues to grow and attract both renters and investors. The combination of its prime location, desirable unit features, and proximity to key West Hollywood landmarks makes 8730-8736 Holloway Dr an attractive investment opportunity in one of LA's most vibrant neighborhoods.
MLS# 24468333 • Data provided by CRMLS
Living Area | 10,744 Sq.Ft. |
---|---|
Lot Size | 0.3 Acres |
Total Rooms | -- |
Bedrooms | 16 |
Bathrooms | 16 |
Stories | 2 |
Year Built | 1950 |
Property Type | Multifamily |
Zoning | WDR4* |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $42,778 |
Property in Flood Zone | -- |
Data provided by CRMLS.
We’ll connect you with top agents in your area.
This property is missing data for:
Comparable properties and rental estimate
New
Do you own this home?
Access your homeowner dashboard
For Sale $5,800,000
Request tour
Save
Courtesy of Marcus & Millichap
8730 Holloway Dr
W Hollywood, CA 90069
16 Beds16 Baths10,744 Sq Ft25 Days on Market
Listing Agent & Comments
We are pleased to present the exclusive listing of 8730-8736 Holloway Drive. The properties built in 1950 consist of two eight (8) unit buildings (with their own APN#'s) side by side totaling sixteen (16) units with a total of 10,744 rentable square feet on a 12,014 square foot lot. The property offers a compelling investment opportunity in one of the most sought-after areas of Los Angeles, steps to the iconic Sunset Strip. The buildings feature a mix of renovated and standard one-bedroom, one-bathroom apartments. Seven of the units have been fully renovated with high-end finishes such as stainless-steel appliances, hardwood floors, quartz countertops, and updated fixtures, while the remaining nine units offer standard features. With six of the 16 units currently vacant, there is significant upside potential for the investor to quickly lease up these units and generate immediate cash flow. The property also offers ample parking with 12 covered spaces and four surface spaces, a valuable amenity in this urban area. Of note, the soft story retrofit has been completed. Located a 10-minute walk from the Sunset Strip, residents enjoy proximity to an array of entertainment, dining, and nightlife options, including famous venues like Soho House, Rainbow Bar & Grill, The Roxy Theatre, and Sunset Plaza. The neighborhood also offers excellent access to grocery stores like Whole Foods, Trader Joe's, and Ralph's, making it an attractive area for renters seeking convenience and a vibrant lifestyle. The building's community amenities, including controlled entry access and on-site laundry, further enhance its appeal to tenants. West Hollywood's strong rental demand and the area's high desirability as a cultural and entertainment hub offer significant potential for rental growth. The property's location in such high-demand area ensures a steady stream of potential tenants, and the vacancy rate presents a solid opportunity for the investor to capitalize on lease-up potential. Overall, this property offers strong potential for both short-term income through the lease-up of vacant units and long-term value appreciation as West Hollywood continues to grow and attract both renters and investors. The combination of its prime location, desirable unit features, and proximity to key West Hollywood landmarks makes 8730-8736 Holloway Dr an attractive investment opportunity in one of LA's most vibrant neighborhoods.
MLS# 24468333 • Data provided by CRMLS
Living Area | 10,744 Sq.Ft. |
---|---|
Lot Size | 0.3 Acres |
Total Rooms | -- |
Bedrooms | 16 |
Bathrooms | 16 |
Stories | 2 |
Year Built | 1950 |
Property Type | Multifamily |
Zoning | WDR4* |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $42,778 |
Property in Flood Zone | -- |
Data provided by CRMLS.
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$5,409,965
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties and rental estimate
New
Do you own this home?
Access your homeowner dashboard
For Sale $5,800,000
Request tour
Save
Courtesy of Marcus & Millichap