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West Hollywood
90069
90069
W119° 37' 15.8''
N34° 5' 30.3''
Contact Info
Cristie St. James
75338
Property Description

PRIME INVESTMENT OPPORTUNITY TENANT IN PLACE 5.9% GROSS YIELD. Rare south-facing condo with unobstructed views of the city and sparkling night lights, located in the prestigious Park Wellington in the heart of West Hollywood. This bright and stylish 1BD/1.5BA residence (741 sqft). with modern kitchen, stainless steel appliances, remodeled baths, dark wood floors, and a large private balcony framing panoramic skyline vistas. Immediate cash flow: long-term tenant paying 3,190/month (38,280 annually) under rent stabilization, with nearby comparable units renting 3,650 – 3,950/month. Resort-style amenities include a 24-hour concierge/doorman, saltwater pool with cabanas, pergola covered spa, sauna, state-of-the-art gym, tennis court, dog run, and secure parking. Residents also enjoy the rare perk of room service from the adjacent Sunset Marquis Hotel. Ideally positioned on coveted Alta Loma Road, just steps from Sunset Strip dining, boutiques, and nightlife, and minutes to Beverly Hills, Cedars-Sinai, and Hollywood. Priced at 650,000, this offering represents exceptional value in West Hollywoods premier full-service community. Property is being sold with a stable, long-term Tenant, offering immediate rental income in one of LAs most sought-after lifestyle communities. Tenant-occupied; 24-hour notice required for showings.

1131 Alta Loma Road Unit 109

West Hollywood, California 90069, United States

  • Bedrooms : 1
  • Bathrooms : 2
  • Square Footage: 100,153 Sqft
$650,000
Listing ID#198095
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Basic Details
Property Type : Residential
Listing Type : Pending
Listing ID : 198095
Ref ID : 415780032
Price : $650,000
Bedrooms : 1
Bathrooms : 2
Square Footage : 100,153 Sqft
Lot Area : 2.30 Sqft
MLS : 25582955
Office ID : CA301-064
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Agent info
Cristie St. James
California Properties
California Properties
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