936 N Harper Avenue, West Hollywood, California 90046, West Hollywood, 90046 - bed, bath

936 N Harper Avenue, West Hollywood, California 90046 home-pic-0
ACTIVE$2,095,000
936 N Harper Avenue, West Hollywood, California 90046
0Bed
0Bath
1,950Sqft
6,157Lot
Year Built
1947
Close
-
List price
$2.1M
Original List price
$2.1M
Price/Sqft
$1,074
HOA
-
Days on market
-
Sold On
-
MLS number
P1-24655
Home ConditionExcellent
Features
Patio
View-

About this home

We found 3 Cons,5 Pros.

Located in the highly sought-after West Hollywood market, this fully renovated 4-unit property presents a rare investment opportunity that combines strong current income with future upside. Each residence has been completely updated and comes equipped with a gas range, refrigerator, dishwasher, and stacked in-unit washer and dryer, minimizing maintenance concerns and maximizing tenant appeal. Private patios for every unit enhance livability, while separate metering for electricity and gas ensures streamlined expense allocation and predictable operating costs.With all units renovated, new ownership can immediately benefit from stable cash flow with little to no deferred maintenance. The West Hollywood rental market continues to experience high demand and limited supply, creating potential for rent growth and long-term value appreciation. Pro-forma projections indicate the opportunity for above-market returns driven by efficient operations, strong tenant retention, and the property's unbeatable location just blocks from Santa Monica Boulevard and Melrose Avenue. Surrounded by world-class dining, shopping, and nightlife, this asset stands as a turnkey, income-generating property with both day-one performance and substantial long-term upside.

Price History

Date
Event
Price
10/22/25
Listing
$2,095,000
03/15/19
Sold
$1,520,000
09/20/04
Sold
$949,000
08/15/02
Sold
$525,000
Condition Rating
Excellent

Despite being built in 1947, the property has undergone a full and recent renovation, as explicitly stated in the description ('fully renovated 4-unit property,' 'each residence has been completely updated'). The interior images showcase modern aesthetics with recessed lighting, new-looking wood-style flooring, and fresh paint. The listing also confirms new appliances including gas ranges, refrigerators, dishwashers, and in-unit washer/dryers, indicating updated kitchens. While specific bathroom photos are not provided, the overall renovation claim and visible updates suggest a high standard. The property appears move-in ready with no deferred maintenance, aligning with the 'excellent' criteria for a recently renovated property.
Pros & Cons

Pros

Prime West Hollywood Location: Situated in the highly sought-after West Hollywood market, just blocks from Santa Monica Boulevard and Melrose Avenue, offering unparalleled access to world-class dining, shopping, and nightlife, ensuring high tenant demand and strong appreciation potential.
Fully Renovated & Turnkey Investment: The entire 4-unit property has been completely updated, minimizing maintenance concerns and allowing new ownership to immediately benefit from stable cash flow with little to no deferred maintenance.
Strong Income & Appreciation Potential: Presents a rare investment opportunity with strong current income, pro-forma projections indicating above-market returns, and significant long-term value appreciation driven by a high-demand, limited-supply rental market.
Tenant-Ready Amenities: Each unit is equipped with modern amenities including a gas range, refrigerator, dishwasher, stacked in-unit washer and dryer, and private patios, enhancing livability and maximizing tenant appeal.
Operational Efficiency: Separate metering for electricity and gas for each unit ensures streamlined expense allocation and predictable operating costs, contributing to efficient property management and profitability.

Cons

Age of Building: Constructed in 1947, despite extensive renovations, the underlying older structure may present unforeseen maintenance challenges or higher insurance costs compared to newer constructions.
Absence of Dedicated Parking: The property description does not mention dedicated parking for the four units, which is a significant amenity and often a challenge in the dense West Hollywood area, potentially impacting tenant attraction and retention.
Potentially Compact Unit Sizes: With a total of 1950 sqft across four units, the average unit size is approximately 487 sqft, which could limit the tenant demographic to individuals or couples seeking smaller living spaces.

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