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… Read More 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. Read Less
Courtesy of Marcus & Millichap, Saadia 'Sam' Liberow, 718-406-3128.
Listing Snapshot
Days Online
178
Last Updated
Property Type
Other
Beds
14
Square Ft.
7,087
Lot Size
0.13 Acres
Year Built
1963
MLS Number
25554193
30 Days Snapshot Of 90048
$3.26M
+39%
(avg) sold price
14
+7%
homes sold
65
-30%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Refrigerator, Ceiling Fan
Building
7,087 sq ft, Built in 1963, Levels: Two
Cooling
Wall Unit(s)
Disclosures
None
Exterior Features
Stucco
Garage
Driveway - Concrete
Heating
Central
Laundry
In Unit
Lot
LotAcreage: 0.1322, LotSizeArea: 5,758
Parking
OpenOtherSpacesTotal: 5, TotalParking: 5
Property
NumberOfUnits: 6, Zoning: WDR3C*
Roof
Flat
Utilities
Water Heater Unit
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