
Multifamily listing
1346 n laurel ave
sold in
West Hollywood
16 Units by the Sunset Strip in WeHo
Sold At
$
10,100,000
16
Number of Units
1961
Year Built
17,962
SF
Square Footage
15,010
SF
Lot Size
WDR4
Zoning
1346 N Laurel Ave, West Hollywood, CA 90046
About the Property
The Kenny Stevens Team is pleased to present 1346 N Laurel Ave. This one-of-a-kind, 16-unit condo-quality apartment building is situated adjacent to the famed Sunset Strip, located south of Sunset Boulevard, on an iconic residential block. This trophy asset features 16 condo-quality two-bedroom/two-bathroom apartment homes that are meticulously designed with low-maintenance and longevity in mind. This completely remodeled mid-century structure was designed by architect Max Maltzman, who also designed Ravenswood, a historic apartment building and landmark Art Deco masterpiece. The museum-like feel and artistic touches of 1346 N. Laurel helps to separate this property from its competition. Amenities include 26 side-by-side parking spaces (with individual storage compartments) in a securely gated subterranean garage, laundry room, and gorgeously landscaped central courtyard with custom-designed outdoor furniture and planters. With prime location in West Hollywood, condo-quality apartment homes designed with luxurious finishes and no major maintenance issues, 1346 Laurel presents the perfect long-term investment opportunity for any type of investor.
1346 N Laurel Ave.
WeHo / Beverly Hills
Listed Price
$
Number of Units
16 Units
Price per. Unit
$631,250
Bldg. Size
17,962 SF
Price per Foot
$562
Lot Size
15,010 SF
Year Built
1961
Current CAP
4.48%
Market CAP
5.70%
Zoning
WDR4
Download the OM to view Property Highlights, Financials & Sales Comparables
Price P/ Unit
$631,250
Price p/ Sq. ft.
$562
Proforma Cap Rate
5.70%




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