1050 N Laurel Avenue, West Hollywood, CA 90046
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
1050 N Laurel Avenue,West Hollywood, CA 90046
$2,925,000
- 12 Beds
- 12 Baths
- 7,572 sq. ft.
- Multi-family
- Active
Listed by:chana gedy
Office:chana gedy
MLS#:25571941
Source:CRMLS
Price summary
- Price:$2,925,000
- Price per sq. ft.:$386.29
About this home
First time on the market in over 20 years, 1050 N. Laurel Ave presents a rare opportunity to acquire a well-maintained 8-unit multifamily property in the heart of West Hollywood. Situated on a WDR3C* zoned lot, this asset offers a powerful combination of immediate income, long-term upside, and future development potential in one of L.A.'s most desirable rental markets. The property currently generates a gross annual income of approximately $201,810, with significant value-add potential through unit turnover and cosmetic enhancements. Recent capital improvements include: Seismic retrofit completed in 2023, Lower roof replaced in March 2025, Upper roof replaced in 2023, Horizontal copper plumbing has been updated. Located on a quiet, tree-lined street just blocks from Melrose Ave and Santa Monica Blvd, the building offers excellent walkability to shops, restaurants, and cultural hotspots. With strong in-place income, rent upside, and prime zoning, 1050 N. Laurel Ave is a compelling opportunity for both cash flow-focused investors and long-term holders looking for growth and stability.
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Home facts
- Year built:1959
- Listing ID #:25571941
- Added:67 day(s) ago
- Updated:October 08, 2025 at 01:44 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:12
- Living area:7,572 sq. ft.
Structure and exterior
- Year built:1959
- Building area:7,572 sq. ft.
- Lot area:0.15 Acres
Finances and disclosures
- Price:$2,925,000
- Price per sq. ft.:$386.29
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