Presented for sale is 7west, a 7 unit non-rent-controlled apartment building in the heart of West Hollywood, within walking distance to the famous Sunset Strip and a stone’s throw to all the restaurants and nightlife options on Santa Monica Blvd.
Designed by the locally-based architecture firm, Lorcan O’Herlihy Architects, 7west has won multiple awards including “Best of Year Award” from Interior Design Magazine and one of the best Multi-Unit buildings in LA from the Westside Urban Forum. This is not just an apartment building…this is a work of art.
The first floor of the building is comprised of 3 walk-up townhomes surrounding a peaceful courtyard with a water feature and sitting areas. All the townhomes have 2 bedrooms and 2.5 baths that truly feel like private houses in the middle of the city. The remaining 4 units are on the third and fourth floors with no shared walls with neighbors. These units are all 2 bedrooms with 2 baths and feel airy, bright and spacious with plenty of room for entertaining and relaxing in a private environment. All units have at least three exterior exposures, 10 foot ceilings, LED lighting, Miele appliances, Leviton smart systems and LG washers/dryers. No expense was spared anywhere in this building.
Did we mention the rooftop? Explosive 360 degree views from DTLA to the westside. Perfect for work from home, laying out in the sun or star lit dinners.
While these units command top rents, a new owner might also consider 30 day+ furnished rentals. Many tenants in WeHo and immediate areas are looking for headache-free, fully furnished apartments that they can rent for short term intervals rather than having to commit to year-long leases. This can push rents significantly above market and retain a near-constant ability to keep raising those rents.
The seller has left 3 units vacant for a buyer to have options. Either lease up at current market rents or go furnished and hit a home run! The building is not subject to West Hollywood Rent Control, has a recorded Tentative Tract Map and an unrecorded Final Tract Map.