West Hollywood, CA 90046,1050 N Laurel AVE
West Hollywood, CA 90046,1050 N Laurel AVE
West Hollywood, CA 90046,1050 N Laurel AVE
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$2,925,000
Est. payment /mo
12 Beds
12 Baths
7,572 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 7,572 sqft

Price per Sqft $386

MLS Listing ID 25571941

Bedrooms 12

HOA Y/N No

Year Built 1959

Lot Size 6,551 Sqft

Property Description

First time on the market in over 20 years, 1050 N. Laurel Ave presents a rare opportunity to acquire a well-maintained 8-unit multifamily property in the heart of West Hollywood. Situated on a WDR3C* zoned lot, this asset offers a powerful combination of immediate income, long-term upside, and future development potential in one of L.A.'s most desirable rental markets. The property currently generates a gross annual income of approximately $201,810, with significant value-add potential through unit turnover and cosmetic enhancements. Recent capital improvements include: Seismic retrofit completed in 2023, Lower roof replaced in March 2025, Upper roof replaced in 2023, Horizontal copper plumbing has been updated. Located on a quiet, tree-lined street just blocks from Melrose Ave and Santa Monica Blvd, the building offers excellent walkability to shops, restaurants, and cultural hotspots. With strong in-place income, rent upside, and prime zoning, 1050 N. Laurel Ave is a compelling opportunity for both cash flow-focused investors and long-term holders looking for growth and stability.

Location

State CA

County Los Angeles

Area C10 - West Hollywood Vicinity

Zoning WDR3C*

Interior

Fireplace No

Appliance Oven, Refrigerator

Laundry Common Area

Exterior

Parking Features Assigned

Total Parking Spaces 6

Building

Story 2

Entry Level Three Or More

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 5529015030

Special Listing Condition Standard

Virtual Tour https://www.youtube.com/watch?v=WL7F_OkhH1Y


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CRMLS – RECore
Listed by Chana Gedy Chana Gedy

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