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$ 11,100,000
Est. payment | /mo
2 Beds
2 Baths
0.34 Acres Lot
$ 11,100,000
Est. payment | /mo
2 Beds
2 Baths
0.34 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26243163
Bedrooms 2
Lot Size 0.345 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
1346 N. Laurel Avenue is a rare opportunity to own a 16-unit, pride-of-ownership apartment building in the heart of West Hollywoods most coveted residential pocket. Located on a well-known street between Fountain Avenue and the Sunset Strip, the property sits moments from the citys premier dining, nightlife and shopping, an irreplaceable location that has long drawn quality, long-term residents. The buildings clean modern exterior, lush mature landscaping and private garden courtyard set it apart from the typical West Hollywood apartment stock. Every residence is a spacious two-bedroom, two-bath floor plan, a distinctive all-2+2 unit mix that is increasingly hard to find in this submarket. Most units feature updated kitchens and baths with modern lighting and cabinetry, and the majority include in-unit washers and dryers. A secure, gated subterranean garage sits beneath the building. Built in 1961, the property offers approximately 17,962 SF of building area on a 15,028 SF lot, zoned WDR4. This is a legacy-quality asset for the investor seeking a long-term hold in one of Los Angeless most supply-constrained neighborhoods. The offering memorandum and rent roll are available upon request. Drive-by only. Please do not disturb tenants; showings with an accepted offer only. Offered at $11,100,000.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction On N Laurel Ave between Sunset Blvd and Fountain Ave
Interior
Heating Forced Air Unit
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5554004018
Acceptable Financing Cash
Listing Terms Cash
Listed by Justin Seigel, DRE#02104699 ADR/Preferred Bus.Prop
Co-listed byKarla Cisneros • Nansco Management Inc.
Co-listed byKarla Cisneros • Nansco Management Inc.
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