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.
Property Details
Price:
$2,925,000
MLS #:
25571941
Status:
Active
Baths:
0
Address:
1050 N Laurel Avenue
Type:
Residential Income
Neighborhood:
c10westhollywoodvicinity
City:
West Hollywood
Listed Date:
Jul 30, 2025
State:
CA
ZIP:
90046
Lot Size:
6,550 sqft / 0.15 acres (approx)
Year Built:
1959
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Schools
Interior
Appliances
Refrigerator, Oven
Exterior
Parking Features
Assigned
Parking Spots
6.00
Stories Total
2
Financial
Map
Community
- Address1050 N Laurel Avenue West Hollywood CA
- AreaC10 – West Hollywood Vicinity
- CityWest Hollywood
- CountyLos Angeles
- Zip Code90046
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1050 N Laurel Avenue
West Hollywood, CA
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