We are proud to exclusively present for sale a 10 unit residential income property just outside of West Hollywood. The adjacent 9 unit building is also available for sale. Central, central, central! Just off Melrose Ave., and around the corner from the Central Fairfax District and Fairfax High School (with it's weekend Melrose Trading Post), this property is right dab in the middle of a Walker's Paradise, surrounded by shops, fine and casual dining, sought-after nightlife, and pretty much anything trendy one can think of! Long-term owners have lovingly cared for the building over the years, and with new and longer-term tenants, rents are still averaging around 27% below market. The building's tuck-under parking has been mitigated, with the already-completed Soft Story Seismic Retrofit work. And there's always potential for ADUs! The offering features bright units that each cover the whole width of the building, and spacious layouts ranging from 652 square feet to 936 square feet eachwith a Single at 295 square feet! There are three sets of tandem parking spaces in the front and five gated parking spaces in the back, accessible from the alley. Lots of jobs in the area, but situated on a calm residential street with permit parking! Walking distance to The Grove, the 3rd Street Shopping District, the Beverly Center and more! The property currently shares some services with the neighboring building, such as garbage, garage gates and laundry room.
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DAYS ON MARKET
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24
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LAST UPDATED
|
2/20/2025
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YEAR BUILT
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1965
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COMMUNITY
|
West Hollywood Vicinity
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COUNTY
|
Los Angeles
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STATUS
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Active
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PROPERTY TYPE(S)
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Residential Income
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| AREA |
West Hollywood Vicinity |
| GARAGE |
Assigned, Covered, Garage, Gated, Side by Side, Tandem, Uncovered, Yes |
| LOT |
7502 sq ft |
| PARKING |
Assigned,Covered,Garage,Gated,Side By Side,Tandem,Uncovered |
| STORIES |
2 |
| ZONING |
R3 |
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Listed with Keller Williams Beverly Hills
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 3/15/25 8:53 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2025.
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