1346 N Laurel Avenue

    West Hollywood, CA 90046
    • $10,350,000
    • STATUS: Active
    • ON SITE: 49 days
    • ID#: 19494952
    $10,350,000
    • 32
      BEDS
    • 0.34
      ACRES
    • 32
      BATHS
    • 0
      1/2 BATHS
    • 17,962
      SQFT
    • $576
      $/SQFT
    Type:
    Multi-Family
    Built:
    1961
    County:

    School Ratings & Info

    Description

    All bright and spacious two-bedroom / two-bathroom apartment homes averaging over 1,000 sq. ft. Most units are equipped with washer/dryer. Located on an iconic West Hollywood block, surrounded by historic properties and walking distance to Sunset Blvd. Meticulously maintained: new energy-efficient roof, Fleetwood double-paned windows, copper plumbing and upgraded electrical panels. Units renovated with no expense spared: Frigidaire appliances, soft-close drawers and Restoration Hardware fixtures. Many units have fireplaces and/or bars. Gorgeously landscaped central courtyard with custom-designed outdoor furniture and planters. Gated, secure subterranean parking with 28 side-by-side parking spaces. Select units feature gorgeous views of the Hollywood Hills. Mid-century architectural influences by renowned architect Max Maltman. 4.1% CAP Rate on current rents, 6.1% CAP Rate on potential rents. Recently appraised for over $10,000,000 by Chase (assumable financing available).

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    Based on information from CARETS as of 2019-09-18T23:49:09.137. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.lydiagable.com/homes/97460318

    1346 N Laurel Avenue West Hollywood, CA 90046

    • Price: $10,350,000
    • Status: Active
    • ID#: 19494952
    32
    Beds
    32
    Baths
    0
    ½ Baths
    0.34
    Acres
    17,962
    SQFT
    $576
    $/SQFT
    1961
    Built
    Neighborhood:
    West Hollywood Vicinity (C10)
    County:
    Los Angeles
    Area:
    West Hollywood Vicinity (C10)
    Property Description
    All bright and spacious two-bedroom / two-bathroom apartment homes averaging over 1,000 sq. ft. Most units are equipped with washer/dryer. Located on an iconic West Hollywood block, surrounded by historic properties and walking distance to Sunset Blvd. Meticulously maintained: new energy-efficient roof, Fleetwood double-paned windows, copper plumbing and upgraded electrical panels. Units renovated with no expense spared: Frigidaire appliances, soft-close drawers and Restoration Hardware fixtures. Many units have fireplaces and/or bars. Gorgeously landscaped central courtyard with custom-designed outdoor furniture and planters. Gated, secure subterranean parking with 28 side-by-side parking spaces. Select units feature gorgeous views of the Hollywood Hills. Mid-century architectural influences by renowned architect Max Maltman. 4.1% CAP Rate on current rents, 6.1% CAP Rate on potential rents. Recently appraised for over $10,000,000 by Chase (assumable financing available).
    Exterior Features

    Parking Spaces Total 28 Parking Type Underground View Hills View Windows Double Pane Windows

    Interior Features

    Appliances DishwasherDryer Cooking Appliances Range Cooling Type Central A/C Floor Material Hardwood Heating Type Central Furnace Laundry Locations Laundry Area In Unit Total Floors 2 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Unfurnished Unit Furnished04 Unfurnished Unit Furnished05 Unfurnished Unit Furnished06 Unfurnished Unit Furnished07 Unfurnished Unit Furnished08 Unfurnished Unit Furnished09 Unfurnished Unit Furnished10 Unfurnished Unit Furnished11 Unfurnished Unit Furnished12 Unfurnished Unit Furnished13 Unfurnished Unit Number Of Bath01 2.0 Unit Number Of Bath02 2.0 Unit Number Of Bath03 2.0 Unit Number Of Bath04 2.0 Unit Number Of Bath05 2.0 Unit Number Of Bath06 2.0 Unit Number Of Bath07 2.0 Unit Number Of Bath08 2.0 Unit Number Of Bath09 2.0 Unit Number Of Bath10 2.0 Unit Number Of Bath11 2.0 Unit Number Of Bath12 2.0 Unit Number Of Bath13 2.0 Unit Number Of Bed01 2 Unit Number Of Bed02 2 Unit Number Of Bed03 2 Unit Number Of Bed04 2 Unit Number Of Bed05 2 Unit Number Of Bed06 2 Unit Number Of Bed07 2 Unit Number Of Bed08 2 Unit Number Of Bed09 2 Unit Number Of Bed10 2 Unit Number Of Bed11 2 Unit Number Of Bed12 2 Unit Number Of Bed13 2

    Property Features

    Adjusted Gross Income 632124.00 Cap Rate 4.09 Country United States Of America Expense Total Annual 195891.00 Gross Operating Income 619482.00 Gross Rent Multiplier 16.37 Hoa YN N Legal Disclosures Take Property As Is Lot Size Source Vendor Enhanced Net Operating Income 423590.00 Number Of Buildings 1 Special Conditions Standard Sale Square Footage Source Vendor Enhanced Television Services Cable Tv Unit Monthly Rent01 1223.00 Unit Monthly Rent02 1729.00 Unit Monthly Rent03 2049.00 Unit Monthly Rent04 2545.00 Unit Monthly Rent05 2700.00 Unit Monthly Rent06 3395.00 Unit Monthly Rent07 3450.00 Unit Monthly Rent08 3550.00 Unit Monthly Rent09 3585.00 Unit Monthly Rent10 3600.00 Unit Monthly Rent11 3900.00 Unit Monthly Rent12 4250.00 Unit Monthly Rent13 4384.00 Unit Projected Total Monthly Rent01 4400.00 Unit Projected Total Monthly Rent02 4400.00 Unit Projected Total Monthly Rent03 4400.00 Unit Projected Total Monthly Rent04 4400.00 Unit Projected Total Monthly Rent05 4400.00 Unit Projected Total Monthly Rent06 4400.00 Unit Projected Total Monthly Rent07 8800.00 Unit Projected Total Monthly Rent08 8800.00 Unit Projected Total Monthly Rent09 4400.00 Unit Projected Total Monthly Rent10 4400.00 Unit Projected Total Monthly Rent11 4400.00 Unit Projected Total Monthly Rent12 4400.00 Unit Projected Total Monthly Rent13 8800.00 Unit Total Monthly Rent01 1223.00 Unit Total Monthly Rent02 4400.00 Unit Total Monthly Rent03 2049.00 Unit Total Monthly Rent04 2545.00 Unit Total Monthly Rent05 4400.00 Unit Total Monthly Rent06 3395.00 Unit Total Monthly Rent07 6900.00 Unit Total Monthly Rent08 7100.00 Unit Total Monthly Rent09 3585.00 Unit Total Monthly Rent10 3600.00 Unit Total Monthly Rent11 3900.00 Unit Total Monthly Rent12 4250.00 Unit Total Monthly Rent13 8768.00 Unit Type01 1 Unit Type02 1 Unit Type03 1 Unit Type04 1 Unit Type05 1 Units Total In Complex 16 Zoning Wdr4*

    Listing provided courtesy of Kenny Stevens DRE#01090251 of Compass.


    Based on information from CARETS as of 2019-09-18T23:49:09.137. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
    Lydia Gable Realty Group | Compass
    2945 Townsgate Road Suite 300
    Westlake CA, 91361