Huge price reduction!!! 8815 Cynthia Street is a prestigious opportunity to acquire a property in one of the best rental locations in prime West Hollywood. Built in 1989, the property isNOT subject to the city of West Hollywood's rent control (AB 1482 does apply). 4 of the units are subject to lower income covenants. The beautiful courtyard property boasts an ideal unit mix consisting of all 19 two-bedroom two bath units and 2 one-bedroom one bath units. Each of the units is extremely spacious, has a terrific floor plan, and offers an abundance of natural light. Units feature upgraded and luxurious amenities including stainless steel appliances, quartz or granite countertops, fireplaces, vinyl or laminate flooring, spacious kitchens/bedrooms/bathrooms, large balconies/patios, individual water heaters, and central heat and air conditioning. Other property features include secureentry, copper plumbing, 18 camera video system, and gated subterranean parking (an incredible 47 parking spaces for 21 units). 8815 Cynthia Street is regarded as a "Walker's Paradise" as it features an incredible Walk Score of 92. With such an abundance of parking and an ideal unit mix, the property is well positioned for an investor looking for a condominium conversion project. This rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier asset in one of the best rental locations in all of Los Angeles.
Property Details
Property Features
Property Information:
Year Built: 1989
Stories: 3
Living Area: 23,675 SqFt
Listing Office:
Office Name: Remax Commercial and Investment Realty
Office Phone: (213) 817-1000
Listing Agent: Jonathan Taksa
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 40
Exterior Features
Parking Information:
Parking: Underground
Lot Features
Lot Information:
Lot Size: 0.41 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Other
Directions Information:
Directions: Premier West Hollywood Location just South of the Sunset Strip
Price Information
Listing Price Info
Price Summary:
List Price: $15,425,000
Price Per SqFt: $652/SqFt
Tax Information:
Annual Amount: $177,425
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in West Hollywood, CA.
This property is $14.3M more than the Median Sold Price and $165/SqFt less than other homes in West Hollywood, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24424451
Listing Office:
Office Name: Remax Commercial and Investment Realty
Office Phone: (213) 817-1000
Listing Agent: Jonathan Taksa
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/17/2024, 11:55:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Apr 13, 2018
Apr 13, 2018Home Sold
$14,000,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$177,425
$14,718,999
2020
$171,621
$14,565,600
2019
$50,781
$14,280,000
2018
$49,765
$3,797,814
2017
$49,765
$3,723,348
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
West Hollywood Elementary
970 Hammond St
Distance between this listing and this school0.24 miles
Public District Grades KG-5
5
/10
Rosewood Avenue Elementary
503 N Croft Ave
Distance between this listing and this school0.69 miles
Public District Grades KG-5
8
/10
Hancock Park Elementary
408 S Fairfax Ave
Distance between this listing and this school1.79 miles
Public District Grades KG-5
Nearby Schools
6
/10
Laurel School
925 N Hayworth Ave
Distance between this listing and this school1.17 miles
Public District Grades KG-8
8
/10
Hawthorne School
624 N Rexford Dr
Distance between this listing and this school1.30 miles
Public District Grades KG-8
8
/10
Horace Mann School
8701 Charleville Blvd
Distance between this listing and this school1.52 miles
Public District Grades KG-8
Nearby Schools
8
/10
Larchmont Charter
1265 N Fairfax Ave
Distance between this listing and this school1.32 miles
Public Charter Grades KG-12
6
/10
Fairfax High School
7850 Melrose Ave
Distance between this listing and this school1.39 miles
Public District Grades 9-12
3
/10
Whitman Continuation
7795 Rosewood Ave
Distance between this listing and this school1.45 miles
The neighbors living near this home have an average income of $64,738. The most common annual income of people living in West Hollywood, CA is between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 8815 Cynthia St
What is the listing price of this property?
The listing price of 8815 Cynthia St property is $15,425,000.
What type of property is this?
The property 8815 Cynthia St is a house located in West Hollywood, California, 90069.
Is this property for sale now?
Active Listing: 8815 Cynthia St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $177,425 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on April 13, 2018 for $14,000,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 8815 Cynthia St has 40 bedrooms and 40 bathrooms.
What is the square footage of this property?
The property 8815 Cynthia St is 23,675 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 8815 Cynthia St is 1989.
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This home is located at 8815 Cynthia St in West Hollywood, CA and zip code 90069 in the Central LA neighborhood. This 23,675 square foot home, which was built in 1989, sits on a 0.41 acre lot. Features: 40 bedrooms, 40 bathrooms. It has been listed on Rocket Homes since August 06, 2024 and is currently priced at $15,425,000.
In November 2024, from all listings sold in West Hollywood, CA there were more than 8 sold above asking price, over 13 sold below and more than 1 were sold right at the asked price. The number of listings in West Hollywood, CA increased by 9.1% between October 2024 and November 2024. In November 2024, listings were on the market for 47 days. During the same period, the median list price in this real estate market was $1,093,333.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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