Property listed by Compass, Deborah Wolsh 323-593-6999
$2,300,000
Welcome to 1266 North Flores Street, an outstanding opportunity for both owner-users and investors with a current CAP rate of 4.8% and tons of upside potential. This remarkable 5-unit property, located on a charming, tree-lined street ideally situated in the vibrant heart of West Hollywood, showcases a classic 1920's… Read More Spanish-style DUPLEX building in front, plus a separate TRIPLEX rear building. The expansive lower unit of the duplex and a 1 bed unit in the rear triplex are currently vacant, offering immediate flexibility for occupancy or rental. The duplex features bright and spacious units, each with 3 bedrooms and 1.5 bathrooms. You'll find beautiful hardwood floors, decorative Batchelder fireplaces, arched windows, and period details throughout. The upper unit boasts a generous patio, perfect for enjoying the California sunshine. The separate rear triplex (built in 1954) is comprised of three 1 bed + 1 bath units. Two upper units in the triplex feature impressive floor to ceiling windows and charming kitchens. Four units have air conditioning. Enjoy the beautifully landscaped property including backyard, courtyard and garden providing a serene outdoor retreat. A 2-car garage adds convenience for parking or storage. Soft story EQ retrofitting was recently completed on the rear building. This fantastic location allows for easy access to WEHO's premier dining & shopping including: Gelson's, Whole Foods, Trader Joe's, Arden, Pura Vita, Earth Bar, Zarape, & Connie and Ted's. Read Less
Listing Snapshot
Days Online
34
Last Updated
Beds
9
Square Ft.
4,830
Lot Size
0.17 Acres
Year Built
1923
MLS Number
25553313
Additional Details
Building
Built in 1923, Living area: 4830.0, 2 buildings, 2 stories, Levels: Two
Disclosures
RentControl, TrustConservatorship
Floors
Wood
Garage
2 spaces
Heating
Central
Income
Gross Income: $166,985, Net Operating Income: $112,085
Lot
0.1745 acres
Parking
2 total parking spaces, DoorMulti, Garage, PermitRequired, OnStreet
Taxes
Parcel Number: 5554022003, Zoning: WDR4*
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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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