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1111 Larrabee St

West Hollywood, CA 90069
  • $7,995,000
  • STATUS: Active Under Contract
  • ON SITE: 89 Days
  • ID#: 21-796954
Under Contract
UPDATED: 87 min ago
$7,995,000
  • 12
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 15,196
    SQFT
  • $526
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1953
County:

School Ratings & Info

Description

A RARE opportunity not to be missed! This1950s West Hollywood Mid-Century hotel-style complex was the place to live Then, and 70 Years later (Today) it is still the place to be! Located in the world renowned Sunset Strip neighborhood, the apartment building includes an amazing setting centered around the charming courtyard and sparkling pool! This unique 2-Story secure gated complex and on-site parking features: 12 units = 1+1 and 9 Singles to total 21 spacious units, appx. 17/18 parking spaces, large laundry lounge, separate gas and electric meters for each unit, and built on an appx. 14,200 sq. ft. lot. Fabulous location, unlimited development options and upside rental potential. Enjoy easy access to many sought-after conveniences! Walk to the Sunset Strip to enjoy shopping, eateries, plus minutes to Restaurant Row, Beverly Center, the Entertainment District, along with other desirable West Hollywood, Beverly Hills and Hollywood Hills amenities!

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-18T16:42:44.517. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.bringingyouhomescv.com/homes/122600449
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1111 Larrabee St West Hollywood, CA 90069

  • Price: $7,995,000
  • Status: Active Under Contract
  • On Site: 89 Days
  • Updated: 87 min ago
  • ID#: 21-796954
12
Beds
0
Baths
0
½ Baths
0.33
Acres
15,196
SQFT
$526
$/SQFT
1953
Built
Neighborhood:
West Hollywood Vicinity
County:
Los Angeles
Area:
West Hollywood Vicinity
Property Description
A RARE opportunity not to be missed! This1950s West Hollywood Mid-Century hotel-style complex was the place to live Then, and 70 Years later (Today) it is still the place to be! Located in the world renowned Sunset Strip neighborhood, the apartment building includes an amazing setting centered around the charming courtyard and sparkling pool! This unique 2-Story secure gated complex and on-site parking features: 12 units = 1+1 and 9 Singles to total 21 spacious units, appx. 17/18 parking spaces, large laundry lounge, separate gas and electric meters for each unit, and built on an appx. 14,200 sq. ft. lot. Fabulous location, unlimited development options and upside rental potential. Enjoy easy access to many sought-after conveniences! Walk to the Sunset Strip to enjoy shopping, eateries, plus minutes to Restaurant Row, Beverly Center, the Entertainment District, along with other desirable West Hollywood, Beverly Hills and Hollywood Hills amenities!
Exterior Features

Covered Parking 13 Cross Streets West HollywoodSunset Strip Entry Location Ground Level W/Steps Exterior Construction Stucco Lot Description Gated Community Lot Size Area 14209 Other Structures None Parking Garage AttachedCarport AttachedCovered ParkingGatedOn StreetUncoveredCommunity Garage Patio Features Covered Porch Pool Description Safety FenceFencedCommunity Pool YN Yes Roof CompositionShingle Style Mid-Century Total Parking 17 View Description CourtyardCity LightsWalk StreetTree TopPool View YN Yes

Interior Features

Bathroom Features Shower Over Tub Baths Total 21.00 Cooking Appliances Free Standing Gas Cooling Wall/Window Equipment Range/OvenRefrigeratorWasherDryer Fireplace Rooms None Flooring LaminateTileMixed Heating Wall Gas Interior Features Crown Moldings Laundry Community

Property Features

Assessed Total Value 1638203 Electric Expense 1520.00 Entry Floor Number 2 Garage Income 1800.00 Gardener Expense 1120.00 Gross Income 386660 Gross Operating Income 379860 Insurance Expense 4587.00 Like Units1 12 Like Units2 9 Maintenance Expense 6055.00 Net Operating Income 379160.00 Number Of Buildings 1 Number Of Units 21 Owner Pays GardenerWaterPool ServiceOtherElectricity Rent Control YN Yes Sale Type Standard Security Features Card/Code Access Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays Cable TvElectricityGas Total Annual Expense 44475 Trash Expense 944.00 Type Of Units 12 =1 & 9=S Water Expense 4030.00 Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Wdr4*

Listing provided courtesy of Deborah Justice DRE#00892277 of Justice Ray Realty.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-18T16:42:44.517. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Stevenson Ranch CA, 91381