626 N Flores Street, West Hollywood, CA 90048

  • $6,500,000
626 N Flores Street, West Hollywood, CA 90048
Closed
626 N Flores Street, West Hollywood, CA 90048
626 N Flores Street, West Hollywood, CA 90048
  • $6,500,000

Overview

Property ID: 25485757
  • Residential Income
  • Property Type
  • 35
  • Bedrooms
  • 36
  • Bathrooms
  • 27.0
  • Garages
  • 23611
  • Sqft
  • 1964
  • Year Built

Description

First time on the market in 47 years! Located on a charming tree lined street, steps away from Melose shops and dining. This 19 unit building consists of (15) two-bedroom units, (3) one-bedroom units, and (1) two-bedroom unique owner’s penthouse unit with beautiful Hollywood Hills views. FIVE UNITS DELIVERED VACANT! Upgrade and increase rental incomes. The building is 23,611 gross square feet and sits on a 12,079-square-foot lot. Residents enjoy a 93 walk score with unparalleled access to world-class dining, retail shops, and entertainment along the renowned Melrose Ave. with Beverly Hills just minutes away. This prime location ensures excellent connectivity via La Cienega Blvd and Melrose Ave, offering both lifestyle and convenience. This offering presents a value-add investment opportunity, offering a 5.4% initial CAP rate with the potential to achieve 7.30% once units turnover. Don’t miss your chance to own a piece of this thriving community where culture, And prime location create an ideal environment for residents to live, work, and play. (All Electric Building, 31 Parking Spaces, Photos reflect a sampling of all currently vacant units)

  • Address 626 N Flores Street
  • City West Hollywood
  • State/county CA
  • Zip/Postal Code 90048
  • Country US

Details

Updated on March 18, 2025 at 10:06 pm
  • Property ID: 25485757
  • Price: $6,500,000
  • Property Size: 23611 Sqft
  • Land Area: 0.2773 Acres
  • Bedrooms: 35
  • Bathrooms: 36
  • Garages: 27.0
  • Garage Size: x x
  • Year Built: 1964
  • Property Type: Residential Income
  • Property Status: Closed

Additional details

  • Sewer: Other
  • Heating: Radiant
  • County: Los Angeles
  • Property Type: Residential Income
  • Pool: None
  • Parking: Underground,Electric Gate,Garage,Community Structure,Tandem
  • Community Features: Gated
  • Architectural Style: Contemporary

Features

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Andrea Galeano Realty
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