NOT LISTED FOR SALE

1036 N Laurel Ave West Hollywood, CA 90046

13 Beds
10 Baths
6,538 Sq Ft
6,549 Sq Ft Lot

Last Sold September 30, 2022

Last sale price $2,660,000 $407 Per Sq Ft

33 Days on Market

About This Home

As of September 2022

7 units in the highly sought-after submarket of West Hollywood located south of Santa Monica Blvd and west of Fairfax Avenue. The building has been well maintained by the same owner for over 20 years. The building consists of 2 - 1 bd+1ba, 2 - 2bd+1ba, 2 - 2bd+1.5ba and 1 - 3bd+1.75ba units. The rents are below market with over 30% upside. The units are large with hardwood floors. Individually metered for gas and electricity. The soft story earthquake seismic retrofit work has been completed. There is on site laundry. Close to restaurants, shops, the Grove, Beverly Center, Century City, Hollywood and Beverly Hills.

Last Agent to Sell the Property

Michael Salerno

Michael Anthony Salerno License #01212427 Listed on: 07/06/2022

Michael Anthony Salerno

Last Buyer's Agent

Warren Berzack

Warren Lee Berzack License #01329015

Warren Lee Berzack

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 6,549 Sq Ft Lot

Interior Spaces

  • 6,538 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 10 Bathrooms

Parking

  • 6 Parking Spaces
  • 6 Covered Spaces
  • Covered Parking

Community Details

  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 5529-015-033

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 6538
  • Lot Acreage: 0.1504
  • Stories: 2
  • Year Built: 1956
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 13
  • Total Bathrooms: 10.00
  • Price Per S Q F T: 432.09

Exterior Features

  • Other Structures: None

Garage/Parking

  • Covered Parking: 6
  • Parking Garage: Covered Parking
  • Total Parking: 6

Lot Info

  • Assessed Improvement Percent: 49.18
  • Assessed Improvement Value: 221265
  • Assessed Land Percent: 50.82
  • Assessed Land Value: 228640
  • Total Assessed Value: 449905
  • Assessor Parcel Number: 5529-015-033
  • Lot Size Area: 6549

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112
  • Gross Rent Multiplier: 17.20
  • Number Of Units: 7
  • Total Annual Expense: 56317
  • Type Of Units: apartment
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 4916

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $2,660,000 -5.8% $407 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $2,825,000 -- $432 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Salerno

    Seller's Agent in 2022

    Michael Salerno

    Michael Anthony Salerno

    (310) 202-9166

    2 in this area

    28 Total Sales

    Michael Salerno
    Section Image
  • Warren Berzack

    Buyer's Agent in 2022

    Warren Berzack

    Warren Lee Berzack

    (818) 986-9800

    1 in this area

    20 Total Sales

    Warren Berzack
    Section Image
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Map

Source: The MLS

MLS Number: 22-175159

The MLS
California Los Angeles County West Hollywood 90046

1036 N Laurel Ave, West Hollywood, CA

This home is located at 1036 N Laurel Ave, West Hollywood, CA 90046 since 06 July 2022. This property was built in 1956. 1036 N Laurel Ave is a home located in Los Angeles County with nearby schools including Laurel Elementary, Fairfax High School, and Larchmont Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
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