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For SaleLuxury

$3,695,000

12,318 sqft$300/sqft53 days on market

1218 N Laurel Avenue

West Hollywood, CA 90046

· 8% down, 7% APR, 30yr fixed

23

Beds

16

Baths

12,318

Square feet

1954

Built

Listing narrative

Description

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 agent (MLS): Glenn Brander · Listing brokerage (MLS): Miller & Desatnik Realty Co.

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$3,695,000

Beds

23 bd

Type

House

Home Size

12,318 sqft

Baths

16

Lot Size

0.36 acres

Year

1954

Status

For Sale

Days on Market

53

$ / Sqft

$300

· 8% down, 7% APR, 30yr fixed
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Courtesy of Miller & Desatnik Realty Co.