For Sale Multi-Family MLS# 26989385

1218 N Laurel Avenue

West Hollywood, CA 90046

$3,695,000

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About 1218 N Laurel Avenue

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.

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1954
Stories
2
Living area
12,318 sqft
Price / sqft
$300
Lot
0.3582
Original price
$3,695,000
MLS #
26989385

Exterior & lot

Features
Parking spaces: 16
Construction
2
Lot
WDR4*
Parking
Controlled Entrance

Schools

District
Los Angeles Unified School District

Financial

Parcel
5554011019
Special conditions
Standard

Location

Area
C10 - West Hollywood Vicinity
County
Los Angeles
Directions
North of Santa Monica Blvd, West of Fairfax Ave

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Listed by Glenn Brander, Miller & Desatnik Realty Co.

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.