1131 Alta Loma RD #109 new Save Request In-Person Tour Request Virtual Tour
West Hollywood,CA 90069
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 741 sqft
Price per Sqft $943
MLS Listing ID 25582955
Bedrooms 1
Full Baths 1
Half Baths 1
Condo Fees $687
HOA Fees $687/mo
HOA Y/N Yes
Year Built 1972
Lot Size 2.299 Acres
Property Sub-Type Condominium
Property Description
PRIME INVESTMENT OPPORTUNITY | TENANT IN PLACE | 5.5% GROSS YIELD. Rare south-facing condo with unobstructed views of the city and sparkling night lights, located in the prestigious Park Wellington in the heart of West Hollywood. This bright and stylish 1BD/1.5BA residence (~741 sqft). with modern kitchen, stainless steel appliances, remodeled baths, dark wood floors, and a large private balcony framing panoramic skyline vistas. Immediate cash flow: long-term tenant paying $3,190/month ($38,280 annually) under rent stabilization, with nearby comparable units renting $3,650 - $3,950/month. Resort-style amenities include a 24-hour concierge/doorman, saltwater pool with cabanas, pergola covered spa, sauna, state-of-the-art gym, tennis court, dog run, and secure parking. Residents also enjoy the rare perk of room service from the adjacent Sunset Marquis Hotel. Ideally positioned on coveted Alta Loma Road, just steps from Sunset Strip dining, boutiques, and nightlife, and minutes to Beverly Hills, Cedars-Sinai, and Hollywood. Priced at $699,000, this offering represents exceptional value in West Hollywood's premier full-service community. Property is being sold with a stable, long-term Tenant, offering immediate rental income in one of LA's most sought-after lifestyle communities. Tenant-occupied; 24-hour notice required for showings.
Location
State CA
County Los Angeles
Area C10 - West Hollywood Vicinity
Zoning WDR4*
Interior
Heating Central
Cooling Central Air
Flooring Tile,Wood
Fireplaces Type None
Furnishings Furnished
Fireplace No
Appliance Dishwasher,Disposal,Microwave,Refrigerator
Laundry Common Area
Exterior
Parking Features Assigned,Garage,Garage Door Opener,Gated,Community Structure
Garage Spaces 1.0
Garage Description 1.0
Pool Community,Heated,Association
Community Features Gated,Pool
Amenities Available Controlled Access,Pool,Sauna,Spa/Hot Tub,Security,Tennis Court(s)
View Y/N Yes
View City Lights
Total Parking Spaces 1
Private Pool No
Building
Story 5
Entry Level One
Architectural Style Contemporary
Level or Stories One
New Construction No
Others
Pets Allowed No
Senior Community No
Tax ID 5559001030
Security Features Carbon Monoxide Detector(s),Gated Community,24 Hour Security,Key Card Entry,Smoke Detector(s),Security Guard
Financing Cash
Special Listing Condition Standard
Pets Allowed No