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Image 1 - 7916 Santa Monica Blvd, West Hollywood, California, 90046 - House for sale
Image 2 - 7916 Santa Monica Blvd, West Hollywood, California, 90046 - House for sale
Image 3 - 7916 Santa Monica Blvd, West Hollywood, California, 90046 - House for sale
Image 4 - 7916 Santa Monica Blvd, West Hollywood, California, 90046 - House for sale
Image 5 - 7916 Santa Monica Blvd, West Hollywood, California, 90046 - House for sale
Image 6 - 7916 Santa Monica Blvd, West Hollywood, California, 90046 - House for sale
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Image 8 - 7916 Santa Monica Blvd, West Hollywood, California, 90046 - House for sale
Home For Sale In West Hollywood, California
7916 Santa Monica Blvd, West Hollywood, California, 90046

Home For Sale In West Hollywood, California

house for sale
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Listed: 04/23/24

7916 Santa Monica Blvd, West Hollywood, California, 90046

Studio Bed:
9 Bath:
7,696 Sq Ft Living Area:
Save
Price
$ 3,85M

About This House

This is a mixed-use retail and residential investment opportunity in an irreplaceable West Hollywood location at 7916 Santa Monica Blvd, located just off of N Fairfax Ave that is surrounded by high-end amenities in a premier submarket.The subject property features three retail spaces on the ground floor of the building (approximately1, 250- 1, 300 SFeach) and six spacious single residential units on the top floor (approximately 650 SF) with five parking spaces at the rear of the property. The building is 100% occupied, providing consistent cash flow to an investor; short-term retail leases provides flexibility in the lease-up strategy; current tenants include a wellness center, art studio, and vacuum and sewing business. Substantial rental upside of over 102% in the …  Full description

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West Hollywood Housing & Living

Household Income

Median household income: $66,458
Number of households: 22,602
The average household income in West Hollywood, CA grew from $61,127 to $66,458 in the past year. This data is an estimate based upon 22,602 households in West Hollywood, CA.
The chart below presents how household income is distributed in West Hollywood, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in West Hollywood, CA compared to median property taxes around the country. The prevalent amount of property taxes in West Hollywood, CA equals $3k+ , which is more than the national average.