Above the Penthouses in Los Angeles

Name: Sales in Above the Penthouses started!
Start: 2020-08-07T08:37:48.170293+00:00
End: 2023-12-31T23:59:59+0000
Location: Above the Penthouses

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Project info

Object ID: 8492

Finished at	December 2017
Price, m²	From 14200$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 420.00 m²
Floors	—
Apartments	5
Condition	Turnkey
Construction type	Monolyth
Security	CCTV
Conveniences	Parking Fitness Pool Near school Near kindergarten Near supermarket Nearby subway stations Hollywood/Vine 1 min Hollywood/Highland 13 min Hollywood/Western 20 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

5,964,000$

Net profit

9,376$

Payback period

507.4 years

Avg property value increase per year

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About the project

An exclusive collection of four THOUGHTFULLY CRAFTED, ULTRA-LUXURY residences on the top floor of The Residences at W Hollywood. Located in the heart of the re-invigorated and re-established Hollywood, which has experienced more than $6 billion of development and investment over the last decade, ABOVE THE PENTHOUSES introduces large, open-concept floor plans along with an array of luxury amenities and scenic Hollywood views, unlike anything LA has seen before. We invite you to browse our collection of unique penthouses currently for sale. Full-service condo living and posh amenities await at the sexiest new penthouses in LA.