NOT LISTED FOR SALE

1210 Larrabee St West Hollywood, CA 90069

15 Beds
15 Baths
9,104 Sq Ft
6,997 Sq Ft Lot

Last Sold August 10, 2022

Last sale price $6,817,000 $749 Per Sq Ft

14 Days on Market

Highlights

  • Engineered Wood Flooring
  • Built-In Features
  • Central Heating and Cooling System
  • West Hollywood Elementary School Rated A-
  • Attached Carport

About This Home

As of August 2022

1210 N. Larrabee Street, perched above the legendary Sunset Strip, is a prestigious opportunity to acquire a pride of ownership and an incredibly turnkey asset in one of the best rental locations in prime West Hollywood. The mid-century gem has been meticulously upgraded with no expense spared by current ownership. The iconic building boasts an ideal unit mix of all very large one-bedroom, 2-bedroom and 3-bedroom layouts. Each of the units has a terrific floor plan, offers an abundance of natural light, and some units have incredible views.The unit mix consists of 4 (1+1), 2 (2+2), 1 (3+3) and 1 (3+3.5 Penthouse). Seven units, including the Penthouse, have been upgraded with: brand new electrical, central HV/AC with Nest units, in unit washer/dryer, new plumbing, new windows, engineered hardwood flooring (not vinyl), new kitchens with tiled backsplash, custom cabinets, stainless steel appliance packages, and stone countertops. The Penthouse unit offers up over 2,000 SF of unparalleled living space and could be ultimately used as a perfect owner user ideal for entertaining. Additionally, ownership has completed all soft story seismic work, added a new security gate and created a new common area rooftop deck with dramatic city views.Priced at an attractive 4.01 CAP and 16.81 GRM, the property is walking distance to some of the Westside's best dining and nightlife. This rare offering presents an astute investor with the unique opportunity to acquire a premier asset in a high-profile location in all of Los Angeles.

Last Agent to Sell the Property

Jonathan Taksa

Remax Commercial and Investment Realty License #01366169 Listed on: 04/18/2022

Remax Commercial and Investment Realty

Last Buyer's Agent

David Acosta

eXp Realty of California Inc License #01871101

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 6,997

Interior Spaces

  • 9,104 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Engineered Wood Flooring
  • Laundry in unit

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 15 Bathrooms

Parking

  • 12 Parking Spaces
  • Attached Carport

Additional Features

  • 6,997 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 5560-022-014

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 9104
  • Lot Acreage: 0.1606
  • Probate: No
  • Stories: 3
  • Year Built: 1960
  • Number Of Photos: 54
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Engineered Hardwood
  • Bedrooms: 15
  • Laundry: In Unit
  • Laundry Equipment: Own
  • Total Bathrooms: 15.00
  • Equipment: Dishwasher, Microwave, Built-Ins
  • Price Per S Q F T: 746.92

Exterior Features

  • Other Structures: None

Garage/Parking

  • Covered Parking: 12
  • Parking Garage: Carport Attached
  • Total Parking: 12

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 58.82
  • Assessed Improvement Value: 2061134
  • Assessed Land Percent: 41.18
  • Assessed Land Value: 1442794
  • Total Assessed Value: 3503928
  • Assessor Parcel Number: 5560-022-014
  • Lot Size Area: 6997

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 17.07
  • Number Of Units: 8
  • Total Annual Expense: 113123
  • Type Of Units: 1s,2s,3s
  • Vacancy Rate: 3%

Range of Values:

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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
08/10/2022 08/10/22 Sold $6,817,000 +0.3% $749 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $6,800,000 -- $747 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-147319

The MLS

APN: 5560-022-014