West Hollywood, CA 90046 1050 N Laurel Avenue

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Presented By: Chana Gedy with Chana Gedy;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25571941
  • 08/01/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 12
  • Baths • 12
  • SQFT • 7,572

Home Details

First time on the market in over 20 years, 1050 N. Laurel Ave presents a rare opportunity to acquire a well-maintained 8-unit multifamily property in the heart of West Hollywood. Situated on a WDR3C* zoned lot, this asset offers a powerful combination of immediate income, long-term upside, and future development potential in one of L.A.'s most desirable rental markets. The property currently generates a gross annual income of approximately $201,810, with significant value-add potential through unit turnover and cosmetic enhancements. Recent capital improvements include: Seismic retrofit completed in 2023, Lower roof replaced in March 2025, Upper roof replaced in 2023, Horizontal copper plumbing has been updated. Located on a quiet, tree-lined street just blocks from Melrose Ave and Santa Monica Blvd, the building offers excellent walkability to shops, restaurants, and cultural hotspots. With strong in-place income, rent upside, and prime zoning, 1050 N. Laurel Ave is a compelling opportunity for both cash flow-focused investors and long-term holders looking for growth and stability.
Presented By: Chana Gedy with Chana Gedy;

Interior Features for 1050 N Laurel Avenue

Bedrooms

Total Bedrooms12

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths12

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2

General for 1050 N Laurel Avenue

Additional Parcels Y/NNo
AppliancesOven, Refrigerator
Attached Garage No
Cap Rate5.01
Carport Y/NNo
CityWest Hollywood
CountyLos Angeles
DirectionsNorth Laurel Ave & Santa Monica Blvd
Electric Expense296.0
Full Baths
Garage Y/NNo
Gross Income201811.0
HOANo
Home Warranty Y/NNo
Insurance Expense6976.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsThreeOrMore
Lot Size Square Feet6550.0
Lot Size UnitsSquareFeet
MLS AreaC10 - West Hollywood Vicinity
Maintenance Expense3011.0
MobileHomeRemainsYNNo
Net Operating Income146612.0
New ConstructionNo
Number Of Units Total8
Occupancy TypeTenant
PostalCityLOS ANGELES
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Taxes$26,490
Trash Expense2231.0
Virtual TourClick here
Water Sewer Expense3227.0
Year Built1959
ZoningWDR3C*

Exterior for 1050 N Laurel Avenue

Building Area Total7572.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1504
Lot Size Area6550.0
Number of Buildings1
Parking FeaturesAssigned
Private PoolNo
SpaNo
Total Parking6.0
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $2,925,000
MLS#25571941
List Date 08/01/2025
Property Type Multi-Family
Phone 714.742.6515
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