1633 Laurel Avenue , Los Angeles, CA - 90046 is For Sale

  • PW24067711
  • PW24067711
  • PW24067711
  • PW24067711
  • PW24067711
  • PW24067711
  • PW24067711
  • PW24067711
  • PW24067711
  • PW24067711
  • PW24067711
  • PW24067711
  • PW24067711
  • PW24067711
  • PW24067711
  • PW24067711
  • PW24067711
  • PW24067711
  • PW24067711
  • PW24067711
  • PW24067711
  • PW24067711
  • PW24067711
  • PW24067711
  • PW24067711
  • PW24067711
  • PW24067711
  • PW24067711
  • PW24067711
  • PW24067711
  • PW24067711
  • PW24067711
  • PW24067711
  • PW24067711
$10,900,000· Income property

Description

Pleased to present the Laurelwood Apartments, a 30-unit apartment building located at 1633 North Laurel Avenue, in the Hollywood Hills West neighborhood of L.A. This pride-of-ownership property offers an exceptional living experience with its mix of 1, 2, and 3 bedroom units, and amenities including keyed access to property grounds, an on-site laundry facility, carport parking, and a landscaped courtyard with patio seating. Lovingly maintained by the same family for more than 60 years, the Laurelwood Apartments offer an opportunity to acquire an asset with substantial Capital Expenditure improvements already completed. Situated in a vibrant neighborhood, residents enjoy easy access to some of LA’s most iconic destinations, as well as abundant dining and retail options nearby.

Features

MLS#: PW24067711
List Price : $10,900,000
Total Units : 30
CAP rate : $4.10
Gross Operating Income : $739,005
Net Operating Income : $441,417
Sq M : 3,037 M2
Year Built : 1953
Days on market : 18 Days
Gross taxes : N/A
Address : 1633 Laurel Avenue
City : Los Angeles
State : CA
Zip Code : 90046
Neighborhood : N/A
Stories : 2
Laundry : Common Area
Parking Features : Assigned
Sale Type : Standard
 
Property Type : Residential Income
Original List Price : $10,900,000
Acres : 0.7505
Lot Size (Acres) : 0.7505
Water : Public
Sewer : Public Sewer
Parking Features : Assigned
Pool Desc : None
Driving Directions : North of Sunset Blvd and west of Fairfax Ave
Lot Features : Lot 20000-39999 Sqft
 
Courtesy of : Damien Breaux , Morgan Skenderian

Location

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