1346 North Laurel Avenue

West Hollywood, CA 90046

$10,100,000
Last Sold Price
32
Beds
32
Baths
17,962 Sq. Ft.
$562 / Sq. Ft.
17,962
Sq. Ft.
$562
per Sq. Ft.

Description

All bright and spacious two-bedroom / two-bathroom apartment homes averaging over 1,000 sq. ft. Most units are equipped with washer/dryer. Located on an iconic West Hollywood block, surrounded by historic properties and walking distance to Sunset Blvd. Meticulously maintained: new energy-efficient roof, Fleetwood double-paned windows, copper plumbing and upgraded electrical panels. Units renovated with no expense spared: Frigidaire appliances, soft-close drawers and Restoration Hardware fixtures....All bright and spacious two-bedroom / two-bathroom apartment homes averaging over 1,000 sq. ft. Most units are equipped with washer/dryer. Located on an iconic West Hollywood block, surrounded by historic properties and walking distance to Sunset Blvd. Meticulously maintained: new energy-efficient roof, Fleetwood double-paned windows, copper plumbing and upgraded electrical panels. Units renovated with no expense spared: Frigidaire appliances, soft-close drawers and Restoration Hardware fixtures. Many units have fireplaces and/or bars. Gorgeously landscaped central courtyard with custom-designed outdoor furniture and planters. Gated, secure subterranean parking with 28 side-by-side parking spaces. Select units feature gorgeous views of the Hollywood Hills. Mid-century architectural influences by renowned architect Max Maltman. 4.31% CAP Rate on current rents, 5.53% CAP Rate on potential rents. Recently appraised for over $10,000,000 by Chase (assumable financing available).

Listing Agents

  1. Kenny Stevens Team

    Kenny Stevens Team

    Listing Agent

    Compass

    DRE #01090251

  2. Kenny Stevens

    Kenny Stevens

    Listing Agent

    Compass

    DRE #01090251

Property Details for 1346 North Laurel Avenue

Zoning
WDR4*
Parcel Number
5554004018
Total Units
16.0
Living Area
17962
Source Living Area
Vendor Enhanced
Area
West Hollywood Vicinity (C10)
Vacancy Rate
2%
Lot Size Area
15010

Location

Listing Courtesy of Compass, Kenny Stevens Team, DRE #01090251; Compass, Kenny Stevens, DRE #01090251

Sold By Neon REALTORS, Sandra Sady-Kennedy, DRE #01522581

Add your commute
LISTING UPDATED: 07/27/2020 12:35 PM

Property Details for 1346 North Laurel Avenue

StatusSold
MLS #19-494952
Days on Market211
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1961
Lot Size0.34 AC / 15,010 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Kenny Stevens Team, DRE #01090251; Compass, Kenny Stevens, DRE #01090251

Sold By Neon REALTORS, Sandra Sady-Kennedy, DRE #01522581

Add your commute

Building Information for 1346 North Laurel Avenue

Stories2Residences-Year Built1961Building Size-Lot Size0.34 AC / 15,010 SF

Payment Calculator

$65,514 per month

30 year fixed, 7.25% Interest

Principal and Interest

$55,120

Property Taxes

$10,394

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1346 North Laurel Avenue

Community / Development
Community / Development
  • Number Of Units: 16
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartments
  • View: Yes
  • View Description: Hills
  • View: Hills
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $643,582
  • Net Operating Income: $446,056.00
  • Gross Income: $211,681
  • Cap Rate: 4.31%
  • Gross Rent Multiplier: $15.68
  • Total Annual Expense: 197526
Land / Lot Info
Land / Lot Info
  • Lot Size Square Feet: 15010
  • Geocode Override: 0.0
Parking Details
Parking Details
  • Parking Garage: Subterranean
  • Total Parking: 28
  • Parking Features: Subterranean
Interior Features
Interior Features
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Flooring: Hardwood
  • Equipment: Cable, Dishwasher, Dryer, Range/Oven
  • Laundry: In Unit
  • TV Services: Cable TV
Exterior Features
Exterior Features
  • Pool: No
  • Tennis: No
  • Windows: Double Pane Windows
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 07-31-2019
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,223.00
  • Unit Actual Rent: $1,223.00
  • Unit Projected Rent: $4,400.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,729.00
  • Unit Actual Rent: $4,400.00
  • Unit Projected Rent: $4,400.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,049.00
  • Unit Actual Rent: $2,049.00
  • Unit Projected Rent: $4,400.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,545.00
  • Unit Actual Rent: $2,545.00
  • Unit Projected Rent: $4,400.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,700.00
  • Unit Actual Rent: $4,400.00
  • Unit Projected Rent: $4,400.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,395.00
  • Unit Actual Rent: $3,395.00
  • Unit Projected Rent: $4,400.00
  • Like Units: 1
Unit 7 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,450.00
  • Unit Actual Rent: $6,900.00
  • Unit Projected Rent: $8,800.00
  • Like Units: 2
Unit 8 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,550.00
  • Unit Actual Rent: $7,100.00
  • Unit Projected Rent: $8,800.00
  • Like Units: 2
Unit 9 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,400.00
  • Unit Actual Rent: $4,400.00
  • Unit Projected Rent: $4,400.00
  • Like Units: 1
Unit 10 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,600.00
  • Unit Actual Rent: $3,600.00
  • Unit Projected Rent: $4,400.00
  • Like Units: 1
Unit 11 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,900.00
  • Unit Actual Rent: $3,900.00
  • Unit Projected Rent: $4,400.00
  • Like Units: 1
Unit 12 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,400.00
  • Unit Actual Rent: $4,400.00
  • Unit Projected Rent: $4,400.00
  • Like Units: 1
Unit 13 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,384.00
  • Unit Actual Rent: $8,768.00
  • Unit Projected Rent: $8,800.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115, 2116, 2117, 2118

Property History for 1346 North Laurel Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1346 North Laurel Avenue

Taxable ValueLand$7,000,000Additions$3,100,400Total$10,100,400
Tax Record2023$124,733 ($10,394 / month)
Home Facts
Total Finished SqFt17,962 SqFtAbove Grade Finished SqFt17,962 SqFtLot Size15,010 SqFtStyleMulti-Family Res (5+ Units)Year Built1961ZoningWDR4*CountyLOS ANGELESAPN5554-004-018

Schools near 1346 North Laurel Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Gardner Street Elementary School
PublicK to 5

Hubert Howe Bancroft Middle School
Public6 to 8

Fairfax Senior High School
Public9 to 12

West Hollywood Opportunity School
Public7 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.

Similar Homes

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Similar Sold Homes

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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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Kenny Stevens Team, DRE #01090251; Compass, Kenny Stevens, DRE #01090251

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.