Property listed by Engel & Volkers Beverly Hills, Josh Canova 310-777-7510
$1,295,000
Behind a canopy of mature trees on one of West Hollywood's most recognizable residential streets, 1113 Poinsettia Drive presents a rare opportunity to acquire a classic West Hollywood duplex in the heart of one of Los Angeles' most desirable and high demand multifamily investment markets. Offered for sale for the… Read More first time in 36 years, this property represents the type of long held income asset that investors wait years to see come to market. The property features two generously sized one-bedroom one-bathroom units, each with large living spaces, full kitchens, and dedicated indoor laundry rooms. The units are arranged in a two-story building with one unit upstairs and one unit downstairs, creating privacy and the feel of separate residences rather than a dense apartment environment. The lower unit will be delivered vacant, offering immediate flexibility for an owner user, investor, or creative buyer seeking a live work income property in West Hollywood. The upper unit provides stable rental income, creating a strong foundation for both immediate cash flow and long-term value appreciation. Situated just moments from Santa Monica Boulevard, and the vibrant West Hollywood design, dining, and nightlife corridor, the property benefits from one of the most sought-after rental locations in Los Angeles. Tenants are drawn to the neighborhood's walkability and proximity to restaurants, studios, galleries, cafes, creative offices, and major employment centers. For investors focused on West Hollywood duplexes, small multifamily properties, and value add income opportunities, the property offers multiple potential strategies. Small two-unit multifamily properties in West Hollywood are increasingly difficult to find, particularly those with vacant unit potential, long term ownership history, and strong rental demand. Whether you are seeking a West Hollywood income property, duplex investment, owner occupied rental, or value add multifamily opportunity, 1113 Poinsettia Drive offers a compelling combination of location, flexibility, and long-term upside in one of Los Angeles' most resilient rental markets. Read Less
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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