Active
1244 Larrabee St
West Hollywood CA, 90069
$4,875,000
$613.52 per sqft
Active
14 Beds
15 Baths
7,946 sqft
Residential
Built in 1930
We are proud to exclusively present for sale two side-by-side apartment buildings consisting of 14 units in prime West Hollywood Hills, above the Sunset Strip! The buildings have great layouts, providing a feeling of living in bungalows instead of an apartment complex, with a house-like front and great views from above. The properties are in need of extensive love and carenearing a full gut-jobbut with what look like very solid bones! With 7,946 SF of Rentable Square Footage and 13,367 SF of WDR4 zoned land, the property is poised to make a lot of tenants want to stay long-term, and provide a future site to build the envy of the town. Furnish the apartments and potentially rent them at a higher yield! Though there are 14 units on site that are registered with the City of West Hollywood, only 10 units show on Title. The property will be delivered fully vacant. Save yourself the headache of relocating people! The site is a rare Double Lot tucked away in an A+ exceptional location just North of the famed Sunset Blvd. and East of San Vicente Blvd. Future residents at this location will be walking distance to the envy-inducing Sunset Strip with all types of dining, shopping, and entertainment, and the nightlife found on Santa Monica Blvd. The 1 mile radius Average Household Income is over $140,000, making it clear that the immediate area attracts high income earners who want to reside in the finest of what Los Angeles County has to offer. The current ownership has started the process of entitling a 24 unit development project. Listing includes two APNs: 5560-021-018 & 5560-021-017.
24-386681
MLSⓇ ID
May 1, 2024
Listed
May 9, 2024
Updated
Map
1244 Larrabee St
West Hollywood CA, 90069
Interior Features
Total Stories
2
Bedrooms
14
Total Bathrooms
15
Appliances
Other
Fireplace
No
Cooling
Yes
Cooling Description
Other
Heating
Yes
Heating Description
Other
Exterior/Building Features
Lot Size
0.31 Acres
Other Property Details
Area Name
Sunset Strip - Hollywood Hills West
Days on Market
8
Garage
No
Parking
Other, Carport Detached, Private, Uncovered, Covered Parking
Parking Total
10
View
No
County
Los Angeles
Pool
No
Zoning
WDR4
Listed by Dario Svidler with Keller Williams Beverly Hills
Listing Contact: 424-600-7633
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Mark Yusupov | CA DRE# 01314818 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 5/9/2024