1218 N Laurel Avenue, West Hollywood, CA 90046
List Price: $3.69M
Listing Status: Active
0Days on Market: 2
23 Bedrooms · 16 Bathrooms · 12,318 sq ft
Property Type: ResidentialIncome
Year Built: 1954
Lot Size: 15,603 sq ft
MLS Number: 26989385
About This Property
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.
Listing provided by: Glenn Brander DRE #01020228 310-202-9166 gbrander@mdrealtycorp.com, Miller & Desatnik Realty Co.
Source: CRMLS, MLS #: