Active
1244 Larrabee Street
West Hollywood CA, 90069
$4,875,000
$613.52 per sqft
Active
14 Beds
15 Baths
7,946 sqft
Residential
Built in 1930
Listed by Dario Svidler with Keller Williams Beverly Hills 310-432-6400
We are proud to exclusively present for sale two side-by-side apartment buildings consisting of 14 units in prime West Hollywood Hills, above the Sunset Strip! The buildings have great layouts, providing a feeling of living in bungalows instead of an apartment complex, with a house-like front and great views from above. The properties are in need of extensive love and carenearing a full gut-jobbut with what look like very solid bones! With 7,946 SF of Rentable Square Footage and 13,367 SF of WDR4 zoned land, the property is poised to make a lot of tenants want to stay long-term, and provide a future site to build the envy of the town. Furnish the apartments and potentially rent them at a higher yield! Though there are 14 units on site that are registered with the City of West Hollywood, only 10 units show on Title. The property will be delivered fully vacant. Save yourself the headache of relocating people! The site is a rare Double Lot tucked away in an A+ exceptional location just North of the famed Sunset Blvd. and East of San Vicente Blvd. Future residents at this location will be walking distance to the envy-inducing Sunset Strip with all types of dining, shopping, and entertainment, and the nightlife found on Santa Monica Blvd. The 1 mile radius Average Household Income is over $140,000, making it clear that the immediate area attracts high income earners who want to reside in the finest of what Los Angeles County has to offer. The current ownership has started the process of entitling a 24 unit development project. Listing includes two APNs: 5560-021-018 & 5560-021-017.
24386681
MLSⓇ ID
May 1, 2024
Listed
May 9, 2024
Updated
Map
1244 Larrabee Street
West Hollywood CA, 90069
Interior Features
Total Stories
2
Bedrooms
14
Total Bathrooms
15
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.31 Acres
Other Property Details
Area Name
C03 - Sunset Strip - Hollywood Hills West
Days on Market
8
Garage
No
Parking
Covered, Detached Carport, Private, Uncovered
Parking Total
10
View
No
County
Los Angeles
Pool
No
Zoning
WDR4
Buyer Agency Compensation
2%
Listing Contact: 310-432-6400
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/9/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.
Data last updated on 5/9/2024 at 2:14 PM UTC