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… Read More 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. Read Less
Courtesy of Chana Gedy, Chana Gedy, 310-499-6249.
Listing Snapshot
Days Online
25
Last Updated
Property Type
Other
Beds
12
Square Ft.
7,572
Lot Size
0.15 Acres
Year Built
1959
MLS Number
25571941
30 Days Snapshot Of 90046
$2.47M
+13%
(avg) sold price
27
+12%
homes sold
83
+22%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Oven, Range/Oven, Refrigerator
Building
7,572 sq ft, Built in 1959, Levels: Three Or More
Cooling
Wall Unit(s)
Disclosures
As Is
Garage
Assigned
Heating
Wall Gas
Laundry
Community
Lot
LotAcreage: 0.1504, LotSizeArea: 6,550
Parking
TotalParking: 6
Property
NumberOfUnits: 8, Zoning: WDR3C*
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