936 N Harper Avenue, West Hollywood, CA 90046

Property Description

Exceptional owner-user or investment opportunity in one of West Hollywood's most desirable residential neighborhoods. Offering a 5.41% CAP, 13.16 GRM, $96,643 NOI and $135,600 in gross annual income, this four-unit property combines strong current returns with an attractive owner-user opportunity. The beautifully updated 2-bedroom front residence is ideal for owner-user occupancy and features its own large, private and secluded yard and patio, while the three additional units currently generate $7,300 per month in rental income.Set behind mature hedging on a 6,157-square-foot lot, the property offers exceptional privacy, multiple outdoor spaces and a true residential feel. Each unit features updated kitchens and baths, in-unit laundry and private outdoor areas.An outstanding opportunity for an owner-user looking to enjoy the privacy and outdoor space of a single-family residence while benefiting from substantial rental income, or an investor seeking strong current returns in a prime West Hollywood location. Moments from Melrose Avenue, Santa Monica Boulevard and some of the area's best dining, shopping and entertainment. Some photos have been virtually staged.