832 Hilldale Ave
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832 Hilldale Ave
8 Unit Apartment Building $4,259,279 CAD ($532,410 CAD/Unit) 3.84% Cap Rate West Hollywood, CA 90069
Investment Highlights
- Ideal income property in West Hollywood
- Great location in West Hollywood with easy access to entertainment, dining, and supermarkets
- Renovated units echoing Restoration Hardware design
Executive Summary
Unlock Opportunity at 832 Hilldale Ave: An Ideal Income Property in West Hollywood. Discover an unmatched income property at 832 Hilldale Ave, nestled in vibrant West Hollywood. With 8 unique units, this property offers an exceptional chance to own a piece of this community, strategically located north of Santa Monica Blvd. Revel in a contemporary revival as 5 of 8 units, echoing Restoration Hardware's design sensibility, have been meticulously renovated. Every unit features modern amenities like tankless water heaters, digital locks, and Ring cameras, enhancing convenience and peace of mind. A gated private driveway accommodates 3 vehicles. For savvy investors, this is a golden opportunity, offering remarkable returns and value appreciation potential. Situated amidst the energetic tapestry of West Hollywood, enjoy easy access to entertainment, dining, and supermarkets. The property offers unit diversity with 5 one-bedroom and 3 studio units, all on flexible month-to-month leases. Elegance and functionality converge as 5 renovated units boast updated kitchens, baths, lighting, and more. Shared laundry facilities add convenience, and a gated entrance ensures security. While interior viewings are available upon offer acceptance, exterior glimpses can be arranged. Experience modern living at 832 Hilldale Ave, an invitation to invest in not just property, but a West Hollywood lifestyle that merges excitement and sophistication.
*Unit 3 is large enough to be a 2 bedroom*
*There are 8 total units*
*Unit 3 is large enough to be a 2 bedroom*
*There are 8 total units*
Financial Summary (Actual - 2023) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $4,259,279 CAD | Apartment Style | Low Rise |
| Price Per Unit | $532,410 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.09 AC |
| Cap Rate | 3.84% | Building Size | 2,595 SF |
| Gross Rent Multiplier | 18.48 | No. Stories | 2 |
| No. Units | 8 | Year Built | 1928 |
| Property Type | Multifamily | Parking Ratio | 1.16/1,000 SF |
| Property Subtype | Apartment |
| Price | $4,259,279 CAD |
| Price Per Unit | $532,410 CAD |
| Sale Type | Investment |
| Cap Rate | 3.84% |
| Gross Rent Multiplier | 18.48 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 2,595 SF |
| No. Stories | 2 |
| Year Built | 1928 |
| Parking Ratio | 1.16/1,000 SF |
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Microwave
- Refrigerator
- Oven
- Range
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 3 | - | - |
| 1+1 | 5 | - | - |
1 of 1
Walk Score ®
Walker's Paradise (91)
PROPERTY TAXES
| Parcel Number | 4340-007-005 | Improvements Assessment | $1,164,400 CAD (2024) |
| Land Assessment | $2,715,888 CAD (2024) | Total Assessment | $3,880,288 CAD (2024) |
PROPERTY TAXES
Parcel Number
4340-007-005
Land Assessment
$2,715,888 CAD (2024)
Improvements Assessment
$1,164,400 CAD (2024)
Total Assessment
$3,880,288 CAD (2024)
zoning
| Zoning Code | R3A, West Hollywood |
| R3A, West Hollywood |
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832 Hilldale Ave
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