309 Hamel Road
Los Angeles, CA 90048
Sold
** Being Offered with 8700 West Third Street (Adjacent Parcel) - The offering is a very well maintained 8 Unit Apartment Building located in Prime Beverly Grove adjacent to Beverly Hills & West Hollywood. This Turn Key Asset features 8 Units, all of which have been fully remodeled with stainless steel appliances, hardwood floors, granite counter tops & in unit washer + dryer. There is an excellent unit mix consisting of Seven 1B/1B & One 1B/2B Unit. There is ample parking available and all tenants are on Month to Month tenancy. Rents are up to market with only 15% Upside. Property is under Los Angeles Rent Control. This is a rare opportunity for an investor to acquire a Turn Key Asset in an Ultra Prime Location along with the adjacent Parcel as a Rare Covered Land Play with the potential to build a Mix Used Development in the future. * Contact Agent for information on Other Parcel.
PROPERTY INFORMATION
MLS # | 23296708 | Lot Size | 6,511 Sq. Ft. |
HOA Fees | $0/Monthly | Property Type | N/A |
Price | $ 3,950,000
Price Per SqFt: $ 713 |
DOM | 641 Days |
Address | 309 Hamel Road | Type | Residential Income |
City | Los Angeles | Sq.Ft. | 5,540 Sq. Ft. |
Postal Code | 90048 | Garage | N/A |
County | Los Angeles | Year Built | 1962 |
Bed / Bath | 8 / 0 | Parking | 8 |
Built In | 1962 | Status | Closed |
Sold Date | 2023-10-16 |
INTERIOR FEATURES
Has Heating | Yes |
Heating Information | Central |
Has Cooling | Yes |
Cooling Information | Central Air |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $4,213
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
Date | Event | Price |
08/01/2023 | Listed | $3,950,000 |

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Listing provided courtesy of Michael Monempour, Kidder Mathews of California, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.