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$2,280,000
Est. payment /mo
6,716 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS26102843
HOA Y/N No
Year Built 1928
Lot Size 6,716 Sqft
Property Sub-Type Quadruplex
Property Description
Prime West Hollywood Location! This income-producing property, located just north of Sunset Blvd (Sunset Strip), offers breathtaking views and exceptional development potential. The 6,718 SF R4-zoned lot features four fully occupied units, including a mix of 2+2+Den, 2+1.5, 1+1+Den, and 1+1. The front 2-bed + 2-bath unit with den/bonus room is ideal for an owner-user, offering a large front patio, rear balcony, in-unit laundry, central HVAC, spacious kitchen, and city views. With month-to-month tenants, the property provides stable rental income while offering future redevelopment opportunities. The property is surrounded by multimillion-dollar homes and sits in one of West Hollywood's most desirable neighborhoods, just below the coveted Bird Streets and Trousdale Estates, known for their luxurious estates valued in the tens of millions. The location offers easy access to the best of West Hollywood and Beverly Hills, including world-renowned destinations like Soho House, The Roxy, The Viper Room, Chateau Marmont, The Comedy Store, and exclusive hotels like 1 Hotel West Hollywood, Pendry Hotel, and The Edition. With its R4 zoning, this property offers significant redevelopment potential, whether for luxury condos, high-end townhomes, or multifamily apartments. The lot's expansive size and prime location, combined with stunning city views, make this an ideal opportunity for a developer looking to capitalize on one of Los Angeles' hottest areas. West Hollywood is experiencing rapid growth and transformation, with the Sunset Strip emerging as a hub for high-end developments. The area is in high demand due to its vibrant culture, entertainment, and proximity to top dining, nightlife, and upscale shopping. This is a rare chance to acquire a prime asset in one of the most sought-after locations in Los Angeles, offering long-term value and the potential for significant appreciation.
Location
State CA
County Los Angeles
Area C03 - Sunset Strip - Hollywood Hills West
Interior
Fireplace No
Laundry Inside
Exterior
Pool None
Community Features Sidewalks, Urban
Total Parking Spaces 5
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5560023032
Acceptable Financing Cash to New Loan, 1031 Exchange
Listing Terms Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
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Listed by JOANNA CHEUNG APEX REALTY & MANAGEMENT INC. 626-8183478, DRE #01133502
Nearby School & Business
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