West Hollywood, CA 90048,626 N Flores St
West Hollywood, CA 90048,626 N Flores St
West Hollywood, CA 90048,626 N Flores St
$6,526,000
Est. payment /mo
$6,500,000
0.4%
Est.Price: ?

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35 Beds
36 Baths
23,611 SqFt
SOLD DATE : 03/18/2025

Key Details

Sold Price $6,526,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 23,611 sqft

Price per Sqft $276

MLS Listing ID 25-485757

Sold Date 03/18/25

Style Contemporary

Bedrooms 35

Year Built 1964

Lot Size 0.277 Acres

Acres 0.2773

Property Sub-Type Multi-Family

Property Description

First time on the market in 47 years! Located on a charming tree lined street, steps away from Melose shops and dining. This 19 unit building consists of (15) two-bedroom units, (3) one-bedroom units, and (1) two-bedroom unique owner's penthouse unit with beautiful Hollywood Hills views. FIVE UNITS DELIVERED VACANT! Upgrade and increase rental incomes. The building is 23,611 gross square feet and sits on a 12,079-square-foot lot. Residents enjoy a 93 walk score with unparalleled access to world-class dining, retail shops, and entertainment along the renowned Melrose Ave. with Beverly Hills just minutes away. This prime location ensures excellent connectivity via La Cienega Blvd and Melrose Ave, offering both lifestyle and convenience. This offering presents a value-add investment opportunity, offering a 5.4% initial CAP rate with the potential to achieve 7.30% once units turnover. Don't miss your chance to own a piece of this thriving community where culture, And prime location create an ideal environment for residents to live, work, and play. (All Electric Building, 31 Parking Spaces, Photos reflect a sampling of all currently vacant units)

Location

State CA

County Los Angeles

Area West Hollywood Vicinity

Zoning WDR3C*

Rooms

Other Rooms None

Interior

Interior Features Elevator

Heating Radiant

Cooling Wall Unit(s)

Fireplaces Type None

Equipment Garbage Disposal, Range/Oven, Elevator, Intercom

Laundry Community, Room

Exterior

Parking Features Auto Driveway Gate, Community Garage, Tandem, Subterranean

Garage Spaces 31.0

Pool None

Amenities Available Elevator, Gated Community

Waterfront Description None

View Y/N Yes

View City Lights, Hills

Building

Lot Description Gated Community

Story 3

Sewer In Street

Architectural Style Contemporary

Level or Stories One

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Coldwell Banker Realty
Bought with Lyon Stahl Investment Real Estate, Inc.

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agent

Richard Piscani

+1(818) 802-7620

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