1218 N Laurel AVE, West Hollywood, CA 90046
1218 N Laurel AVE, West Hollywood, CA 90046
1218 N Laurel AVE, West Hollywood, CA 90046
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Andrew Simpson

Andrew Simpson

+1(951) 660-8234
$3,695,000
Est. payment /mo
23 Beds
16 Baths
12,318 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 12,318 sqft

Price per Sqft $299

MLS Listing ID 26989385

Bedrooms 23

HOA Y/N No

Year Built 1954

Lot Size 0.358 Acres

Property Description

We're pleased to present 1218 N Laurel Avenue, a 16-unitmultifamily investment opportunity ideally situated in the heart of West Hollywood. The property features a desirable mix of generously sized one- and two-bedroom residences, with spacious floor plans that provide strong appeal to a broad and enduring renter base. Located in one of Greater Los Angeles's most desirable and supply-constrained rental markets, 1218 N Laurel Avenue offers residents exceptional access to the renowned dining, shopping, entertainment and lifestyle amenities that define West Hollywood. The property is conveniently positioned near Santa Monica Boulevard and many of the area's most popular restaurants, retailers, grocery stores and nightlife destinations. The offering presents a compelling value-add opportunity, with meaningful upside in the rents and the potential for a new owner to further enhance the property through strategic renovations and unit improvements over time. The combination of substantial unit sizes, an attractive unit mix and embedded rental upside provides multiple avenues for long-term value creation. With its prime West Hollywood location, spacious residences and significant income-growth potential, 1218 N Laurel Avenue represents a rare opportunity to acquire a substantial multifamily asset in one of Greater Los Angeles' most sought-after rental markets.

Location

State CA

County Los Angeles

Area C10 - West Hollywood Vicinity

Zoning WDR4*

Interior

Fireplace No

Exterior

Parking Features Controlled Entrance

Total Parking Spaces 16

Building

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5554011019

Special Listing Condition Standard

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Listed by Glenn Brander Miller & Desatnik Realty Co. #01020228

NEARBY SCHOOL & BUSINESS

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