1050 N Laurel Avenue, West Hollywood, CA 90046

• 7,572 sqft

Property Description

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.

Listing Status:

Active

Date Added:

July 30, 2025 at 05:00AM

Listing Office:

Chana Gedy : 917-945-1070

Listing Agent:

Chana Gedy : 310-499-6249

MLS ID:

CL25571941

Interior

• Laundry: Common Area

Exterior

• Parking: Assigned

Location

• County: Los Angeles

Lot

• Zoning: WDR35529015030

This listing courtesy of Chana Gedy, Chana Gedy