Property Details.

1346 N. Laurel Avenue. Close proximity to Hollywood, Melrose and Beverly Hills. Bright and spacious 2-bed / 2-bath apartments averaging 1,000 sq. ft. (Most units equipped with washer/dryer). Meticulously maintained: new energy-efficient roof, Fleetwood double-paned windows, copper plumbing and upgraded electrical panels. Renovated with no expenses spared: Frigidaire appliances, soft-close drawers and Restoration hardware fixtures. Gated, secure subterranean parking – 28 side-by-side parking spaces. Trophy asset provides perfect long-term investment opportunity in prime West Hollywood location. 

Price $10,350,000

Year Built 1961

# of Units 16

Price P/ Unit $648,875

Sq. ft. 17,962 SF

Price p/ Sq. ft. $10.91

Current Cap Rate 4.09%

Proforma Cap Rate 6.11%

Current GRM 16.37%

Proforma GRM 12.12%

Lot Size 15,010 SF

Zoning WDR4

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1346 North Laurel Avenue
West Hollywood, CA 90046

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