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$2,300,000
Est. payment /mo
4,830 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 4,830 sqft
Price per Sqft $476
MLS Listing ID CL25553313
HOA Y/N No
Year Built 1923
Lot Size 7,602 Sqft
Acres 0.17
Property Sub-Type Other
Property Description
Welcome to 1266 North Flores Street, an outstanding opportunity for both owner-users and investors with a current CAP rate of 5.1% and tons of upside potential. This remarkable 5-unit property, located on a charming, tree-lined street ideally situated in the vibrant heart of West Hollywood, showcases a classic 1920's Spanish-style DUPLEX building in front, plus a separate TRIPLEX rear building. The expansive lower unit of the duplex and a 1 bed unit in the rear triplex are currently vacant, offering immediate flexibility for occupancy or rental. The duplex features bright and spacious units, each with 3 bedrooms and 1.5 bathrooms. You'll find beautiful hardwood floors, decorative Batchelder fireplaces, arched windows, and period details throughout. The upper unit boasts a generous patio, perfect for enjoying the California sunshine. The separate rear triplex (built in 1954) is comprised of three 1 bed + 1 bath units. Two upper units in the triplex feature impressive floor to ceiling windows and charming kitchens. Four units have air conditioning. Enjoy the beautifully landscaped property including backyard, courtyard and garden providing a serene outdoor retreat. A 2-car garage adds convenience for parking or storage. Soft story EQ retrofitting was recently completed on the rear
Location
State CA
County Los Angeles
Zoning WDR4
Interior
Heating Other
Flooring Wood
Fireplace No
Building
New Construction No
Others
Tax ID 5554022003
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Listed by Deborah Wolsh • Compass
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