3 months on rocket

8815 Cynthia St, West Hollywood, CA, 90069

$16,925,000

40 Bedrooms
40 Baths
23,675 SqFt
$715/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ParkingUnderground
Year Built1989
HeatingCentral
CoolingCentral Air
MLS #24424451
Lot Size0.41 Acres
StatusActive

About 8815 Cynthia St

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: $16,925,000
  • Price Per SqFt: $715/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.

Med. Sold Price

$1.1M

Med. Price/SqFt

$820

Avg. Days On Market

63

# of Sold Homes

25

8815 Cynthia St vs West Hollywood

102 DAYS ON ROCKET

+39 Days

$16,925,000

+$15.8M More

$715/SqFt

-$105 Less

KEY TAKEAWAY

This property is $15.8M more than the Median Sold Price and $105/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

IDX 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: 11/17/2024, 9:21:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 13, 2018Home Sold
$14,000,000

Tax History

YEARPROP. TAXASSESSMENT
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.

Payment Calculator

$84.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$50.8K

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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.

Nearby Schools

school-card-donut-439743
9
/10
  • West Hollywood Elementary

  • 970 Hammond St

  • 0.24 miles

  • Public District Grades KG-5

school-card-donut-439744
5
/10
  • Rosewood Avenue Elementary

  • 503 N Croft Ave

  • 0.69 miles

  • Public District Grades KG-5

school-card-donut-439745
8
/10
  • Hancock Park Elementary

  • 408 S Fairfax Ave

  • 1.79 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,738. Residents of West Hollywood, CA typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have post secondary degree education.

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 $16,925,000.

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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Rocket HomesCaliforniaLos Angeles CountyWest Hollywood900698815 Cynthia St

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 $16,925,000.

Over 2 listings were sold over their listed price in October 2024 in West Hollywood, CA. In the same period over 21 listings were sold below the listed price and 2 listings were sold for the listed price. The inventory of homes for sale in West Hollywood, CA between September 2024 and October 2024 increased by 21.4%. In October 2024, listings were on the market for 63 days. During the same period, the median list price in this real estate market was $1,110,555.

From Rocket Homes Real Estate and based on county public records data.

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