6501 W Flamingo Drive, Los Angeles, CA 90038
Local realty services provided by:ERA Carlile Realty Group
6501 W Flamingo Drive,Los Angeles, CA 90038
$6,500,000
- 15 Beds
- 20 Baths
- 8,999 sq. ft.
- Multi-family
- Active
Listed by: allen roth
Office: sotheby's international realty310-724-7000
MLS#:26873909
Source:CRMLS
Price summary
- Price:$6,500,000
- Price per sq. ft.:$722.3
About this home
The Flamingo Collection presents a rare opportunity to acquire a boutique portfolio of five free-standing contemporary Single-Family Homes in the heart of Los Angeles' Hollywood Media District. Built in 2019 and individually parceled with five separate APNs, each 3-bedroom, 3.5-bath residence offers approximately 1,754 - 1,822 square feet of sophisticated living space with white oak hardwood floors, custom cabinetry and closets, stainless steel appliances, in-home laundry, central HVAC, private 2-car garage and rooftop deck. Four residences are currently occupied, while one has been intentionally held vacant to preserve flexibility during the sale process. At the Buyer's election, Seller can deliver the fifth residence occupied at $6,500 per month, resulting in a fully occupied portfolio generating $384,000 in annual rental income. Alternatively, Seller can deliver all five residences 100% vacant at close of escrow, allowing an incoming Buyer to immediately implement its preferred investment strategy. Built in 2019, the homes are exempt from the City of Los Angeles Rent Stabilization Ordinance (RSO), providing additional flexibility for future rental operations. Five individual APNs further create multiple potential investment and exit strategies, including traditional long-term leasing, corporate/executive housing, furnished rentals, individual home sales, or a combination of approaches. With the ability to acquire the portfolio fully occupied with immediate income, newer construction, RSO-exempt status and multiple future exit strategies, The Flamingo Collection is particularly well suited for a 1031 Exchange buyer seeking a high-quality replacement asset with immediate income and long-term flexibility. Attractive Seller financing available. Sale includes the following APN's: 5533-022-045, 046, 047, 048, 049....
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Home facts
- Year built:2019
- Listing ID #:26873909
- Added:22 day(s) ago
- Updated:October 28, 2026 at 12:02 PM
Rooms and interior
- Bedrooms:15
- Total bathrooms:20
- Flooring:Tile, Wood
- Kitchen Description:Dishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave, Oven, Refrigerator
- Living area:8,999 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Zoned
- Central air:Yes
Structure and exterior
- Year built:2019
- Building area:8,999 sq. ft.
- Lot area:0.15 Acres
- Architectural Style:Contemporary
- Construction Materials:Synthetic Stucco
- Exterior Features:Deck, Open, Patio
- Foundation Description:Slab
Utilities
- Water:Public
Finances and disclosures
- Price:$6,500,000
- Price per sq. ft.:$722.3
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Washer
- Laundry features:Dryer, Inside, Stacked, Washer
- Amenities:High Ceilings, Multiple Staircases, Recessed Lighting, Storage, Walk In Closets
Parking
- Total parking spaces:10
- Parking description:Controlled Entrance, Covered, Direct Access, Door-Multi, Garage, Garage Door Opener, Private, Side By Side
- Garage:Yes
- Garage spaces:10
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