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8985 Keith Ave, West Hollywood, CA 90069

Sale Price: $1,845,000
Oct 23, 20242,288 sqft5 beds4 baths
Listed by: Jason Tuvia
License #: 01772495
Phone #: 818-212-2735
Marcus & Millichap
Source:
CRMLS Logo
MLS #: 24456297

Property Description

We are pleased to present a four (4) unit apartment building located at 8985 Keith Avenue in West Hollywood, California. The subject property is situated in a prime Norma Triangle location, north of Santa Monica Boulevard and east of N Doheny Drive. Built in 1930, this property contains a good unit mix of three (3) one-bedroom / one-bathroom units and one (1) two-bedroom / one-bathroom unit. Select units have been tastefully renovated with new countertops, flooring, in unit washer and dryer machines, and new tiles in the bathrooms. All of the units a re separately metered for gas and electric. This character, Spanish style asset boast two (2) detached buildings giving the residents a strong sense of privacy. This property features fully parked surface parking. The Norma Triangle is home to numerous amazing amenities, some of the closest include amazing stops along Santa Monica Boulevard: Rocco's WeHo, Bottega Louie WeHo, Hauser & Wirth, Dayglow, The Troubadour, WeHo Bistro, Barney's Beanery, and many more. Less than half a mile south, tenants will find outdoor recreation at the West Hollywood Park as well as other trendy destinations such as Revolver Video Bar, Hi Tops Bard, Insomnia Cookies, Salt & Straw, WEHO WHO WHAT WEAR, and others. Located in the prestigious location of Norma Triangle, this offering presents an excellent opportunity for any investor to acquire a Spanish style asset utilizing 30-year fixed residential financing to add multiple ADU units to the center of the property.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$29,037

TurboHome Estimated Value

$1,917,900

$838 sqft

High Valuation
$2,013,795
$880/sqft
Normal Valuation
$1,917,900
$838/sqft
Low Valuation
$1,822,005
$796/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$838/sqft$1,917,900

Neighborhood

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Comparative Value

$1.80M

$1.84M

$1.90M

$1.93M

$2.20M

918 N San Vicente Blvd, West Hollywood, CA 90069

Sale Price: $1,800,000

Selected Comparable

8985 Keith Ave, West Hollywood, CA 90069

Sale Price: $1,845,000

Selected Comparable

8985 Keith Ave, West Hollywood, CA 90069

List Price: $1,900,000

Subject Property

9350 Sierra Mar Dr, Los Angeles, CA 90069

Sale Price: $1,925,000

Selected Comparable

6501 Drexel Ave, Los Angeles, CA 90048

Sale Price: $1,936,000

Selected Comparable

535 N Harper Ave, Los Angeles, CA 90048

Sale Price: $2,200,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
8985 Keith Ave, West Hollywood, CA 90069

8985 Keith Ave, West Hollywood, CA 90069

List: $1,900,000

Listed: 10/23/2024

Area:2,288 sqft
Price/sqft:$830
Beds:5
Baths:4
Year Built:
Lot Size:5,370

Comparable Properties

COMPARABLE
Choose comps
8985 Keith Ave, West Hollywood, CA 90069

8985 Keith Ave, West Hollywood, CA 90069

Sale: $1,845,000

3/3/20250.00 mi

Area:2,288 sqft
Price/sqft:$806
Beds:5
Baths:4
Year Built:
Weight:27.0%
918 N San Vicente Blvd, West Hollywood, CA 90069

918 N San Vicente Blvd, West Hollywood, CA 90069

Sale: $1,800,000

12/18/20240.27 mi

Area:2,382 sqft
Price/sqft:$756
Beds:6
Baths:4
Year Built:
Weight:20.4%
6501 Drexel Ave, Los Angeles, CA 90048

6501 Drexel Ave, Los Angeles, CA 90048

Sale: $1,936,000

1/31/20251.45 mi

Area:2,474 sqft
Price/sqft:$783
Beds:4
Baths:4
Year Built:
Weight:18.0%
535 N Harper Ave, Los Angeles, CA 90048

535 N Harper Ave, Los Angeles, CA 90048

Sale: $2,200,000

1/23/20251.05 mi

Area:2,032 sqft
Price/sqft:$1,083
Beds:4
Baths:4
Year Built:
Weight:17.7%
9350 Sierra Mar Dr, Los Angeles, CA 90069

9350 Sierra Mar Dr, Los Angeles, CA 90069

Sale: $1,925,000

5/6/20250.89 mi

Area:2,108 sqft
Price/sqft:$913
Beds:4
Baths:5
Year Built:
Weight:16.8%

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