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GOLDEN FEATHER INVESTMENTS, INC
1346 N Laurel, Los Angeles, CA 90046
- $11,100,000
- List Price
- $11,100,000
- Status
- ACTIVE
- MLS#
- SR26243163
- Year Built
- 1961
- Lot Size
- 15,015
- Acres
- 0.34
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 1
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
Property Description
1346 N. Laurel Avenue is a rare opportunity to own a 16-unit, pride-of-ownership apartment building in the heart of West Hollywood’s most coveted residential pocket. Located on a well-known street between Fountain Avenue and the Sunset Strip, the property sits moments from the city’s premier dining, nightlife and shopping, an irreplaceable location that has long drawn quality, long-term residents. The building’s clean modern exterior, lush mature landscaping and private garden courtyard set it apart from the typical West Hollywood apartment stock. Every residence is a spacious two-bedroom, two-bath floor plan, a distinctive all-2+2 unit mix that is increasingly hard to find in this submarket. Most units feature updated kitchens and baths with modern lighting and cabinetry, and the majority include in-unit washers and dryers. A secure, gated subterranean garage sits beneath the building. Built in 1961, the property offers approximately 17,962 SF of building area on a 15,028 SF lot, zoned WDR4. This is a legacy-quality asset for the investor seeking a long-term hold in one of Los Angeles’s most supply-constrained neighborhoods. The offering memorandum and rent roll are available upon request. Drive-by only. Please do not disturb tenants; showings with an accepted offer only. Offered at $11,100,000.
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Additional Information
- Pool Description
- None
- Fireplace Description
- See Remarks
- Heat
- Forced Air
- Cooling
- Yes
- Cooling Description
- Central Air
- Garage Spaces Total
- 28
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 16
- Gross Scheduled Income
- $608,308
Listing courtesy of Listing Agent: Justin Seigel (justins@adrproperties.com) from Listing Office: ADR/Preferred Bus.Prop.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.