Pendry Residences West Hollywood in Los Angeles

Name: Sales in Pendry Residences West Hollywood started!
Start: 2020-08-11T11:38:37.785835+00:00
End: 2023-12-31T23:59:59+0000
Location: Pendry Residences West Hollywood

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Project info

Object ID: 8557

Finished at	December 2020
Price, m²	From 12000$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 250.00 m²
Floors	8
Apartments	40
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Fitness Commercial area Near school Near kindergarten Near supermarket
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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

3,000,000$

Net profit

9,376$

Payback period

255.2 years

Avg property value increase per year

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About the project

Living Spaces that Blend Sophistication, Simplicity, and Relaxed Luxury.

Designed to live like a home, this limited collection of Residences average 2,900 square feet with homes up to 6,000 square feet. Every Residence comes with outdoor terrace space. Select Residences are equipped with outdoor private pools or spas on massive landscaped decks of up to 3,400 square feet. Owners will access their home by private elevator. Each exclusive home offers high-rise views in a low-rise setting, steps from the energy of the Sunset Strip with convenient access to Fountain Avenue for trips further from home.

Developer

Our History Founded in 1984 by Chairman Ronald S. Haft, Combined Properties has always looked for the true potential of a commercial prop…
Details about Combined Properties