NOT LISTED FOR SALE

1346 N Laurel Ave West Hollywood, CA 90046

32 Beds
32 Baths
17,962 Sq Ft
0.34 Acres

Last Sold July 16, 2020

Last sale price $10,100,000 $562 Per Sq Ft

211 Days on Market

Highlights

  • 15,010 Sq Ft lot
  • Wood Flooring
  • Double Pane Windows
  • View of Hills
  • Subterranean Parking
  • 1-minute walk to Laurel Avenue Park

About This Home

As of July 2020

All bright and spacious two-bedroom / two-bathroom apartment homes averaging over 1,000 sq. ft. Most units are equipped with washer/dryer. Located on an iconic West Hollywood block, surrounded by historic properties and walking distance to Sunset Blvd. Meticulously maintained: new energy-efficient roof, Fleetwood double-paned windows, copper plumbing and upgraded electrical panels. Units renovated with no expense spared: Frigidaire appliances, soft-close drawers and Restoration Hardware fixtures. Many units have fireplaces and/or bars. Gorgeously landscaped central courtyard with custom-designed outdoor furniture and planters. Gated, secure subterranean parking with 28 side-by-side parking spaces. Select units feature gorgeous views of the Hollywood Hills. Mid-century architectural influences by renowned architect Max Maltman. 4.31% CAP Rate on current rents, 5.53% CAP Rate on potential rents. Recently appraised for over $10,000,000 by Chase (assumable financing available).

Last Agent to Sell the Property

Kenny Stevens

Compass License #01090251 Listed on: 07/31/2019

Compass

Last Buyer's Agent

Carole Lynch

License #01274306

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 0.34 Acre Lot

Interior Spaces

  • 17,962 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Wood Flooring
  • Views of Hills

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 32 Bedrooms
  • 32 Bathrooms

Laundry

  • Laundry in unit
  • Dryer

Parking

  • 28 Parking Spaces
  • Subterranean Parking

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 16 Units

Listing and Financial Details

  • Assessor Parcel Number 5554-004-018

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 17962
  • Stories: 2
  • Year Built: 1961
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 32
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 32.00
  • Den: 0
  • Equipment: Cable, Dishwasher, Dryer, Range/Oven
  • Price Per S Q F T: 576.22
  • Windows: Double Pane Windows

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • View: Hills
  • View: Yes

Garage/Parking

  • Parking Garage: Subterranean
  • Total Parking: 28

Utilities

  • TV Svcs: Cable TV
  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 5554-004-018
  • Geocode Override: No
  • Lot Size Area: 15010

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115, 2116, 2117, 2118
  • Gross Rent Multiplier: 15.68
  • Number Of Units: 16
  • Total Annual Expense: 197526
  • Type Of Units: Apartments
  • Vacancy Rate: 2%

Range of Values:

Collateral Analytics

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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 List to Sale Price per Sq Ft
07/16/2020 07/16/20 Sold $10,100,000 -2.4% $562 / Sq Ft
02/27/2020 02/27/20 Pending -- -- --
07/31/2019 07/31/19 For Sale $10,350,000 -- $576 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kenny Stevens

    Seller's Agent in 2020

    Kenny Stevens

    Compass

    (424) 284-4453

    1 in this area

    42 Total Sales

    Kenny Stevens
    Section Image

  • C

    Buyer's Agent in 2020

    Carole Lynch

  • S

    Buyer's Agent in 2020

    Sandra Sady-Kennedy

See All Agents

Map

Source: The MLS

MLS Number: 19-494952

The MLS
California Los Angeles County West Hollywood 90046

1346 N Laurel Ave, West Hollywood, CA

This home is located at 1346 N Laurel Ave, West Hollywood, CA 90046 since 31 July 2019. This property was built in 1961. 1346 N Laurel Ave is a home located in Los Angeles County with nearby schools including Gardner Street Elementary School, Hubert Howe Bancroft Middle School, and Fairfax High School.

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