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1267 N Laurel Ave
West Hollywood, CA 90046

Laurel Apartments · Multifamily Property For Sale · 18 Units

PROPERTY FACTS

No. Units 18
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class A
Lot Size 0.35 AC
Building Size 18,252 SF
Average Occupancy 100%
No. Stories 2
Year Built 1958
Parking Ratio 1.31/1,000 SF

Unit Amenities

  • Dishwasher
  • Microwave
  • Heating
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Tub/Shower
  • Coffee System
  • Island Kitchen

Site Amenities

  • Courtyard
  • Fitness Center
  • Pool
  • Security System
  • Furnished Units Available
  • Grill
  • Package Service

About 1267 N Laurel Ave , West Hollywood, CA 90046

The property features 18,252 square feet of gross reantable area, situated on a 15,077-square foot lot. The 22-unit building is composed of four studio/one-bathroom units, 12 one-bedroom/one-bathroom units, six two-bedroom/two-bathroom units and one bachelor/one-bathroom non-conforming unit. The building is well-maintained and offers ample parking, laundry facilities and a swimming pool for tenants. The offering is situated in one of the trendiest locations in Los Angeles, just south of Sunset Boulevard, sandwiched between North Crescent Heights Boulevard to the west and Fairfax Avenue to the east. This prime location offers a tremendous amount of dining, shopping, and entertainment destinations in walking distance of the property, while being a short commute to major employment centers such as Century City, Beverly Hills, Hollywood and Downtown Los Angeles. 1267 North Laurel Avenue offers tenants excellent proximity to some of Los Angeles’ finest amenities such as The Beverly Center, The Pacific Design Center, Melrose Avenue, the Sunset Strip, Restaurant Row on La Cienega, the world-renowned shopping center, The Grove, LA County Museum of Art (LACMA) and many more. 1267 North Laurel Avenue is an attractive investment opportunity in an “A+” location with upside potential in rents. Due to the property’s premier location and advantageous unit mix, 1267 North Laurel Avenue offers a unique opportunity to any investor looking to acquire a well-maintained asset in the heart of West Hollywood.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 12 $1,355 850 - 900
2+2 6 $2,277 1,075 - 1,100

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5554-010-004
Land Assessment
$6,671,239
Improvements Assessment
$3,827,760
Total Assessment
$10,498,999

zoning

Zoning Code WDR4*
WDR4*
  • Listing ID: 11078874

  • Date on Market: 12/27/2017

  • Last Updated:

  • Address: 1267 N Laurel Ave, West Hollywood, CA 90046

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