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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$2,675,000

Est. payment - /mo

14 Beds

12 Baths

7,087 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,087 sqft

Price per Sqft $377

MLS Listing ID 25554193

Bedrooms 14

HOA Y/N No

Year Built 1963

Lot Size 5,758 Sqft

Property Description

553 Flores Ave is a rare investment opportunity in the heart of West Hollywood, offering a strong unit mix and stable income in a high-demand rental market. The property includes one 1+1, one 2+2, one 3+3, two 3+2s, and a newly built 2+2 ADUappealing to a wide range of tenants and supporting long-term retention. Three units have been extensively renovated to achieve market rents and now feature in-unit laundry, while the ADU is newly leased at market rate. With a 5.52% CAP rate and a location in a supply-constrained submarket, this asset offers both immediate cash flow and long-term upside.Situated in a prime West Hollywood location with a Walk Score of 93, residents enjoy unmatched access to The Grove, Melrose Avenue, top dining spots like Catch LA, and the Beverly Hills "Golden Triangle."

Location

State CA

County Los Angeles

Area C10 - West Hollywood Vicinity

Zoning WDR3C*

Interior

Interior Features Ceiling Fan(s)

Heating Central

Fireplace No

Appliance Refrigerator

Exterior

Parking Features Concrete

Total Parking Spaces 5

Building

Faces East

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5528014042

Special Listing Condition Standard

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Listed by Saadia 'Sam' Liberow • Marcus & Millichap

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553 N Flores ST West Hollywood, CA 90048