1346 N Laurel Avenue

    West Hollywood, CA 90046
    • $10,350,000
    • STATUS: Active
    • ON SITE: 206 days
    • ID#: 19494952
    UPDATED: 55 min ago
    $10,350,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1961
    County:

    School Ratings & Info

    Description

    All bright and spacious two-bedroom / two-bathroom apartment homes averaging over 1,000 sq. ft. Most units are equipped with washer/dryer. Located on an iconic West Hollywood block, surrounded by historic properties and walking distance to Sunset Blvd. Meticulously maintained: new energy-efficient roof, Fleetwood double-paned windows, copper plumbing and upgraded electrical panels. Units renovated with no expense spared: Frigidaire appliances, soft-close drawers and Restoration Hardware fixtures. Many units have fireplaces and/or bars. Gorgeously landscaped central courtyard with custom-designed outdoor furniture and planters. Gated, secure subterranean parking with 28 side-by-side parking spaces. Select units feature gorgeous views of the Hollywood Hills. Mid-century architectural influences by renowned architect Max Maltman. 4.31% CAP Rate on current rents, 5.53% CAP Rate on potential rents. Recently appraised for over $10,000,000 by Chase (assumable financing available).

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-23T18:27:10.873. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Costantino Group | Cal American Homes and Realty. Licensed in the State of California, USA.

    www.livelovethefoothills.com/homes/97461231

    1346 N Laurel Avenue West Hollywood, CA 90046

    • Price: $10,350,000
    • Status: Active
    • Updated: 55 min ago
    • ID#: 19494952
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1961
    Built
    Neighborhood:
    C10 - West Hollywood Vicinity
    County:
    Los Angeles
    Area:
    C10 - West Hollywood Vicinity
    Property Description
    All bright and spacious two-bedroom / two-bathroom apartment homes averaging over 1,000 sq. ft. Most units are equipped with washer/dryer. Located on an iconic West Hollywood block, surrounded by historic properties and walking distance to Sunset Blvd. Meticulously maintained: new energy-efficient roof, Fleetwood double-paned windows, copper plumbing and upgraded electrical panels. Units renovated with no expense spared: Frigidaire appliances, soft-close drawers and Restoration Hardware fixtures. Many units have fireplaces and/or bars. Gorgeously landscaped central courtyard with custom-designed outdoor furniture and planters. Gated, secure subterranean parking with 28 side-by-side parking spaces. Select units feature gorgeous views of the Hollywood Hills. Mid-century architectural influences by renowned architect Max Maltman. 4.31% CAP Rate on current rents, 5.53% CAP Rate on potential rents. Recently appraised for over $10,000,000 by Chase (assumable financing available).
    Exterior Features

    Parking Features Subterranean Parking YN Yes View Hills View YN Yes

    Interior Features

    Appliances Dishwasher Appliances YN Yes Cooling Central Air Cooling YN Yes Flooring Wood Heating Central Heating YN Yes Window Features Double Pane Windows

    Property Features

    Gross Income 211681.00 Gross Multiplier 15.68 Gross Operating Income 643582.00 Net Operating Income 446056.00 Senior Community YN No Special Listing Conditions Standard Zoning Wdr4*

    Listing provided courtesy of Kenny Stevens of Compass


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-23T18:27:10.873. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Costantino Group | Cal American Homes and Realty. Licensed in the State of California, USA.

     
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