Overview

Description

This building is specifically intended for Very-Low, Low & Moderate-income tenants only. Rentals are subject to a covenant agreement with the City of West Hollywood that runs through 2058. Property is protected by the Mills Act. Historic Firehouse structure that was converted to residential use in the early 2000's. Unit interiors are large and pleasant, (some with hard wood floors) high ceilings and nicely appointed kitchens and baths. The subject property sits in prime West Hollywood and is just a short distance from the world famous Sunset Strip! This is ground zero for entertainment, legal, financial, educational, health care, governmental & restaurant services jobs. Close to all that Los Angeles has to offer including theaters, dining, world renown night clubs and bars and world class retail shopping districts. This is one of the most coveted rental markets in all of Los Angeles and the diverse and progressive tenant base adds to the locations allure. Asking Price Reduced 3/25/2024. PLEASE READ the Covenant Agreement imposing restrictions with the City of West Hollywood that is attached. Please do not walk on property or disturb the tenants. Institutional financing may be difficult to obtain and this should be communicated to potential investors. Please call listing agent before submitting offers based on the value indicators. Best number to reach is 310 592 7067.

Highlights

• Just south of Prime Sunset Strip
• Low Income Housing project governed by covenant agreement with City of West Hollywood

Documents

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