Property Details

Price $7,425,000

Year Built 1926

# of Units 7

Price P/ Unit $1,060,714

Sq. ft. 9,330 SF

Price p/ Sq. ft. $796

Current Cap Rate 3.81%

Proforma Cap Rate 4.36%

Lot Size 7,995 SF

Zoning WRD4

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About the Property

Kenny Stevens Team and Gambino Group are pleased to present, Patio del Moro, a true WeHo cultural landmark and a member of the National Register of Historic Places since 1986. This Spanish-Revival style courtyard complex features 7 maisonette apartments formerly home to Charlie Chaplin, Humphrey Bogart, and Joyce Van Patten. Built by Arthur and Nina Zwebel in 1925. Its distinctive Andalusian and Moorish-inspired architecture boasts a copper-domed Tunisian tower, horseshoe-arched entrance tunnel, and tiled fountains in the private and public patios and fireplaces. Intertwined private terraces and patios, Juliet balconies, and private outdoor spaces distinguish Patio del Moro. As part of the historic Harper Ave National Register District, Patio del Moro is a Mills Act property with a financial incentive for historic preservation, offering owners who invest in rehabilitating historic buildings property tax savings. Patio del Moro is a part of the Golden Era Collection, four impeccably restored multifamily complexes in prime Los Angeles locations.

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