Property listed by Engel & Volkers Beverly Hills, Josh Canova 310-777-7510
$1,195,000
1113 Poinsettia Drive presents a rare opportunity to acquire a West Hollywood duplex in one of Los Angeles' most sought-after multifamily markets. Offered for the first time in over 36 years, this two-unit income property features one-bedroom, one-bath units with spacious layouts, full kitchens, and in-unit laundry.This duplex is ready… Read More to be remodeled, and the price reflects that, creating a compelling entry point for investors seeking a value-add opportunity. With targeted improvements and upgrades, rental income can be significantly increased, positioning the property for strong long-term returns. The lower unit will be delivered vacant, offering immediate flexibility for an owner-user or investor, while the upper unit provides stable income. Situated on a 5,800+ square foot lot and zoned WDR1B, the property offers long-term upside in a high-demand rental market. Located moments from Melrose Avenue, Santa Monica Boulevard, and the West Hollywood Design District, this is a high-demand, highly walkable location with consistent tenant appeal.A compelling opportunity for buyers seeking a West Hollywood income property, duplex investment, or value-add multifamily asset in a supply-constrained market. 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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