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8560 Whitworth Dr, Los Angeles, CA 90035

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For Sale
Sale Pending

$1,900,000

12 beds • 7,636 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $248.82
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Located 1 block south of Olympic Blvd. & La Cienega Blvd (blo, 8560 Whitworth is a 6-unit value-add complex offered at $249 per foot, 5.6% CAP & 11.57 GRM on current rents. 8560 Whitworth is adjacent to Beverly Hills and Carthay Square, 2 exclusive neighborhoods under constant demand by high-income young professionals and families. The property is 0.7 miles from Wilshire Blvd, providing convenient access to the METRO Purple Line La Cienega Station (expected completion in 2025), and a wealth of financial, entertainment, healthcare, and law employers along Wilshire Blvd and the greater Beverly Hills area. In addition, 8560 Whitworth is near the Beverly Hills Tennis Club and La Cienega Park & Recreation Center. Built in 1959, this corner-lot property features (2) 3-bdrm. units & (2) 2-bdrm.units, and (2) 1-bdrm. units. Please note, there is a VACANT 2-bdrm. unit and VACANT 1-bdrm. unit. 8560 Whitworth is offered at $316,667 per unit, $249 per foot, 5.60% CAP and 11.57 GRM on current rents. This value-add opportunity with approx. 23% rental upside. At projected market rents, property will stabilize at a 8.34% CAP and 9.01 GRM. Property amenities include 6 tandem parking spaces (covered and surface), community laundry, and seismic retrofitting is not required (buyer to verify).
MLS# 24-418287

Courtesy Of Compass

(310) 230-5478

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock, Ceiling Fan
  • Architecture Style
    Other
  • Cooling System
    Ceiling Fan(s), Window Unit(s) A/C
  • Floor Covering
    Carpet, Wood

Map and Directions

Directions to 8560 Whitworth Dr, Los Angeles, CA 90035

Home seller CENTURY 21 A Better Service Realty

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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