Lease ending in 2025 under West Hollywood RSO with a 3-year personal guarantee from current tenant at $20,000/month. Minimum cap rate of 5.5% with allowable annual increases matching the CPI. Tenant is responsible for all expenses except property taxes, not reflected in the monthly rent. Pride of ownership compound consists of a 3+3 single-family residence and detached 2+1 stacked duplex. Triplex structure is separated by an enormous pool. Compound is gated with parking for 6. Located across from the Edition Hotel with units that sold over $2,000/sq ft and six luxury commercial projects within a 1/4 mile radius. APN includes 2 addresses, 9024 Harratt and 9026 Harratt. Please email LA1 for Offering Memorandum including Tenant details.
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