553 N Flores St

West Hollywood, CA 90048

$2,495,000
Price
14
Beds
12
Baths
7,087 Sq. Ft.
$352 / Sq. Ft.
7,087
Sq. Ft.
$352
per Sq. Ft.

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 ADU appealing 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 5.64% CAP rate and a location in...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 ADU appealing 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 5.64% 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."

Property Details for 553 North Flores Street

Zoning
WDR3C*
Parcel Number
5528014042
Total Units
6.0
Living Area
7087
Source Living Area
Builder
Area
West Hollywood Vicinity (C10)
Vacancy Rate
6439
Lot Size Area
5758
LISTING UPDATED: 12/01/2025 09:31 AM

Property Details for 553 North Flores Street

StatusActive
MLS #25554193
Days on Market168
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1963
Lot Size0.13 AC / 5,758 SF
CountyLos Angeles County

Location

Listing Courtesy of Marcus & Millichap, Saadia 'Sam' Liberow, DRE #01933858
Add your commute

Building Information for 553 North Flores Street

Stories2Residences-Year Built1963Building Size-Lot Size0.13 AC / 5,758 SF

Payment Calculator

$14,419 per month

30 year fixed, 6.28% Interest

Principal and Interest

$12,329

Property Taxes

$2,090

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 553 North Flores Street

Community / Development
Community / Development
  • Number Of Units: 6
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Standard
  • Direction Faces: East
  • Water Heaters: Yes
  • Water Heater Features: Water Heater Unit
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $208,181
  • Net Operating Income: $140,816.00
  • Gross Income: $208,181
  • Cap Rate: 5.64%
  • Gross Rent Multiplier: $11.63
  • Actual Annual Gross Rent: $214,620.00
  • Vacancy Allow Dollar: $6,439.00
  • Vacancy Allow Percent: 3.00%
  • Total Annual Expense: 67365
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1322
  • Lot Size Square Feet: 5758
Parking Details
Parking Details
  • Parking Garage: Driveway - Concrete
  • Total Parking: 5
  • Open Other Spaces Total: 5
  • Parking Features: Concrete
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Wall Unit(s)
  • Cooling Type: Wall Unit(s)
  • Heating: Central
  • Heating Type: Central
  • Equipment: Refrigerator, Ceiling Fan
  • Interior Features: Ceiling Fan(s)
  • Laundry: In Unit
  • Laundry Equipment: Own
Exterior Features
Exterior Features
  • Roof: Flat
  • New Construction: No
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 06-19-2025
  • Rent Control: Yes
  • Rent Control: 100
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,200.00
  • Unit Actual Rent: $4,200.00
  • Unit Projected Rent: $4,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,007.00
  • Unit Actual Rent: $1,007.00
  • Unit Projected Rent: $3,200.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $4,500.00
  • Unit Actual Rent: $4,500.00
  • Unit Projected Rent: $4,800.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,628.00
  • Unit Actual Rent: $1,628.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,650.00
  • Unit Actual Rent: $3,650.00
  • Unit Projected Rent: $4,500.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,900.00
  • Unit Actual Rent: $2,900.00
  • Unit Projected Rent: $3,200.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $1,139,238.00
  • Assessed Improvement Percent: 60.0
  • Assessed Land Value: $759,492.00
  • Assessed Land Percent: 40
  • Assessed Total Value: $1,898,730.00

Property History for 553 North Flores Street

DateEvent & SourcePriceAppreciation
Jul 30, 2025

Price Change

CLAW #25554193

$2,495,000—
Jul 30, 2025

Price Change

CRMLS #25554193

$2,495,000—
Jun 19, 2025

Listed (Active)

CLAW #25554193

$2,675,000—
Jun 19, 2025

Listed (Active)

CRMLS #25554193

$2,675,000—
Nov 14, 2024

Expired

CRMLS #24395707

—
Nov 14, 2024

Expired

CLAW #24-395707

$2,550,000—
Sep 23, 2024

Withdrawn / Cancelled

CRMLS #24395707

$2,550,000—
Sep 23, 2024

Withdrawn / Cancelled

CLAW #24-395707

$2,550,000—
Jul 12, 2024

Price Change

CRMLS #24395707

$2,695,000—
Jul 12, 2024

Price Change

CLAW #24-395707

$2,695,000—
May 24, 2024

Listed (Active)

CRMLS #24395707

$2,795,000—
May 24, 2024

Listed (Active)

CLAW #24-395707

$2,795,000—
Jul 30, 2021

Sold

CRMLS #SR21060566

$1,825,000—
Jul 30, 2021

Sold

CLAW #SR21069253CN

$1,825,000—
Jul 30, 2021

Sold

CRMLS #SR21069253

$1,825,000—
May 21, 2021

Sold (Public Record)

Public Record #1467338889

$1,825,000—
May 6, 2021

Pending

CRMLS #SR21069253

—
May 6, 2021

Pending

CLAW #SR21069253CN

—
Apr 2, 2021

Listed (Active)

CRMLS #SR21069253

$1,895,000—
Apr 1, 2021

Listed (Active)

CRMLS #SR21060566

$1,895,000—
Mar 31, 2021

Listed (Active)

CLAW #SR21069253CN

$1,895,000—
DateEvent & SourcePrice
07/30/2025

Price Change

CLAW #25554193

$2,495,000
07/30/2025

Price Change

CRMLS #25554193

$2,495,000
06/19/2025

Listed (Active)

CLAW #25554193

$2,675,000
06/19/2025

Listed (Active)

CRMLS #25554193

$2,675,000
11/14/2024

Expired

CRMLS #24395707

—
11/14/2024

Expired

CLAW #24-395707

$2,550,000
09/23/2024

Withdrawn / Cancelled

CRMLS #24395707

$2,550,000
09/23/2024

Withdrawn / Cancelled

CLAW #24-395707

$2,550,000
07/12/2024

Price Change

CRMLS #24395707

$2,695,000
07/12/2024

Price Change

CLAW #24-395707

$2,695,000
05/24/2024

Listed (Active)

CRMLS #24395707

$2,795,000
05/24/2024

Listed (Active)

CLAW #24-395707

$2,795,000
07/30/2021

Sold

CRMLS #SR21060566

$1,825,000
07/30/2021

Sold

CLAW #SR21069253CN

$1,825,000
07/30/2021

Sold

CRMLS #SR21069253

$1,825,000
05/21/2021

Sold (Public Record)

Public Record #1467338889

$1,825,000
05/06/2021

Pending

CRMLS #SR21069253

—
05/06/2021

Pending

CLAW #SR21069253CN

—
04/02/2021

Listed (Active)

CRMLS #SR21069253

$1,895,000
04/01/2021

Listed (Active)

CRMLS #SR21060566

$1,895,000
03/31/2021

Listed (Active)

CLAW #SR21069253CN

$1,895,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 553 North Flores Street

Taxable ValueLand$774,681Additions$1,162,022Total$1,936,703
Tax Record2025$25,080 ($2,090 / month)
Home Facts
Total Finished SqFt6,320 SqFtAbove Grade Finished SqFt6,320 SqFtLot Size5,758 SqFtStyleMulti-Family Res (5+ Units)Year Built1963ZoningWDR3C*CountyLOS ANGELESAPN5528-014-042

Schools near 553 North Flores Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Rosewood Avenue Elementary School
Public - K to 5
Hubert Howe Bancroft Middle School
Public - 6 to 8
Fairfax Senior High School
Public - 9 to 12
Whitman Continuation School
Public - 9 to 12
Rating
School
Distance
Rosewood Avenue Elementary School
PublicK to 5

Hubert Howe Bancroft Middle School
Public6 to 8

Fairfax Senior High School
Public9 to 12

Whitman Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 553 North Flores Street, West Hollywood, CA 90048

553 North Flores Street is a multi-family home for sale in West Hollywood, CA 90048. This property was listed for sale on June 19, 2025 by Marcus & Millichap, it's currently listed at $2,495,000. It has been on the market for a total of 168 days and was last sold on July 30, 2021. This listing's school district is Los Angeles Unified School District. Nearby schools include Rosewood Avenue Elementary School, Hubert Howe Bancroft Middle School and Fairfax Senior High School. 553 North Flores Street is a 14-bed, 12-bath, 7,087 sqft multi-family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Saadia 'Sam' Liberow, DRE #01933858

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.