1244 Larrabee Street West Hollywood, CA $ 4,875,000
1244 Larrabee Street
$ 4,875,000
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1244 Larrabee Street

West Hollywood, CA, 90069
$ 4,875,000
Baths0.0 Sq 7,946

Monthly Estimate*

$ 34,053

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Studio

Multi-Family Home for sale in West Hollywood, CA

for $4,875,000. This 7,946 square foot home was built in 1930 on a lot size of 0.31.

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.

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Multi-Family Active

Price

$ 4,875,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.31

Year Built

1930

Town/City

West Hollywood

County/Region

Los Angeles

MLS | Web ID

0024386681

Features
General
Zoning WDR4
Pool Features Private
Year Built 1930
Levels Multi/Split Two
County Los Angeles
Net Operating Income 0.0
New Construction No
Property Type C
HOA / Comm Assn No
Status Active
City West Hollywood
Buyer Agent Compensation 2.00
Senior Community Y/N No
MLS Area C03 - Sunset Strip - Hollywood Hills West
Lot Size Square Feet 13368.0
Street Name Larrabee
Standard Status Active
Buyer Agent Compensation Type %
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Exterior
Parking Features Uncovered Covered Detached Carport
Lot Size Area 13368.0
Building Area Total 7946.0
Lot Dimensions 95x140
Lot Size Acres 0.31
Lot Size Units Square Feet
Lot Size Source Assessor
Land Lease Type Fee
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Interior
Total Stories 2
Street Suffix Street
Total Baths 0
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* Excluded Features
List By
Dario Svidler

Listing Agent

Keller Williams Beverly Hills

Broker

Affordability Calculator

$34,053
Per Month
100%
0%
0%
Monthly Principal & Interest
$34,053
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/1/2024$4,875,000 Listed Price

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1244 Larrabee Street, West Hollywood, CA, 90069 is a Multi-Family Home for sale at $4,875,000 with 7,946 sqft and a lot size of 0.31. 1244 Larrabee Street is a studio with 0.0 baths and was built in 1930. The property's zip code is 90069 which is in West Hollywood, CA