1218 N Laurel Ave

West Hollywood, CA 90046
  • $3,695,000

    Price
  • 3

    Bed
  • 2

    Bath
  • 12,318

    SqFt
  • 0.36

    Acre

About the Listing CLW-L02710 - CLW-X61264

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 Highlights for 1218 N Laurel Ave

Status Active
Days on Site 26
Property Type Multi-Family
MLS ® 26989385
Year Built 1954
Total Square Footage 12,318
Lot/Acreage 0.36

Interior Details

  • Bedrooms: 3
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 16
  • Zoning: WDR4*
  • Roof:
  • Others: 2+ Total Units
  • Sewer:
  • Parking Features: Controlled Entrance

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 5554011019
  • Tax Year: N/A

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Listing Location

Questions About..

1218 N Laurel Ave West Hollywood, CA 90046

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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