1131 Alta Loma Rd #109
West Hollywood, CA 90069
PRIME INVESTMENT OPPORTUNITY | TENANT IN PLACE | 5.5% GROSS YIELD.
Sales Price $699,000
West Hollywood Condominium
Beds
1
Baths
2
Home Size
741 Sq. Ft.
Lot Size
100154 Sq. Ft.
PRIME INVESTMENT OPPORTUNITY | TENANT IN PLACE | 5.5% 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 $699,000, this offering represents exceptional value in West Hollywood's premier full-service community. Property is being sold with a stable, long-term Tenant, offering immediate rental income in one of LA's most sought-after lifestyle communities. Tenant-occupied; 24-hour notice required for showings.
This condominium located at 1131 Alta Loma Rd #109 is currently active and has been available on pardeeproperties.com for 0 day. This property is listed at $699,000. It has 1 beds and 2 bathrooms. The property was built in 1972. 1131 Alta Loma Rd #109 is in the West Hollywood Vicinity community of Los Angeles County.
Quick Facts
- Built in 1972
- Total parking spaces 1Car
- Community Garage, Door Opener, Gated, Assigned
- Condominium
- Community | West Hollywood Vicinity
- MLS# | 25582955
- Monthly HOA Fee: $687
Features
- Central, Air Conditioning Cooling
- Central Heat
- Wood Floors, Tile Floors
- Has View
- City Lights Views
- Heated, Association Pool, Community Pool
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