540 S Orlando Ave | West Hollywood, CA 90048

SALE PRICE: $6,525,000

PRICE/UNIT: $407K          PRICE/SF: $435                   GRM: 12.33                 CAP RATE: 5.46%

TRANSACTION HIGHLIGHTS

• The Property has been on the market for 2 years with 4 different brokers and no success. Michael Monempour secured a buyer within two weeks of obtaining the listing, closing the deal in just 45 days. This property also served as the up leg for the buyer’s 1031 exchange.

• Excellent Unit Mix consisting of one - 3BR/2BA Unit, Eleven -2BR/2BA Units, and Six 1BR/1B

• Buyer & Seller both represented by Michael Monempour

• AAA+ Prime West Hollywood – Located in the heart of one of Los Angeles’ most desirable and vibrant neighborhoods, surrounded by trendy shops, restaurants, and entertainment.

• 3 Units delivered vacant at close of escrow.

• Value Add opportunity with +35% upside in market rents.

• Subterranean gated parking with ample parking available.