714 N West Knoll Dr West Hollywood, CA 90069
Estimated payment $15,611/month
About This Home
Where else would you invest but in the trendiest, most hip location of West Hollywood, sunny California! A Mid Century architectural-style, this 6 units building, a mix of 2X 2+2 and 4X 1+1, is fully occupied, income producing small complex located in WeHo’s most desirable neighborhood. Across from hi-end, posh Le Parc at Melrose Hotel, 1 block E. of La Cienega & 1 block N. of Melrose - in short, an area in high demand due to its dynamic life and great proximity to top dining venues, high energy nightlife, entertainment and upscale shopping – we’re within just a few yards of all these amazing opportunities. The property offers an incredible redevelopment potential, whether for luxury condos, high-end townhomes, or stylish apartments. You’ve got a rare chance to acquire a solid asset in one of the most sought-after locations in Los Angeles, offering the possibility for steady appreciation and exceptional opportunity to capitalize on the rental upside potential in the most popular neighborhood of West Hollywood. Our current residents tremendously enjoy being within short proximity to trendy entertainment, retail and restaurants - all located within blocks of the subject property in all directions. PLEASE, DO NOT DISTURB TENANTS. DRIVE BY ONLY.
Listing Agent
Coldwell Banker Realty Brokerage Phone: 818-903-5854 License #00978772 Listed on: 12/05/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 5,839 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Parking
- 13 Car Garage
- Carport
- Parking Available
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 4,783 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- Unit 1 Bathroom: 0
- Unit 2 Bathroom: 0
Listing and Financial Details
- Legal Lot and Block 28 / 9
- Tax Tract Number 4769
- Assessor Parcel Number 4337003067
Community Details
Building Details
- Rent Control
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,928
- Professional Management Expense $5,518
- Trash Expense $2,409
- Water Sewer Expense $3,006
- Operating Expense $151,682
- Gross Income $140,484
- Net Operating Income $76,369
Additional Features
- 6 Units
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/05/2025 12/05/25 | For Sale | $2,500,000 | -- | $523 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25271823
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