626 N Flores Street, West Hollywood CA, 90048

Active

626 N Flores Street

West Hollywood CA, 90048

$6,500,000

$275.30 per sqft

Active

35 Beds

36 Baths

23,611 sqft

Residential

Built in 1964

Listed by Danny Mahelka with Coldwell Banker Realty 310-887-0220

First time on the market in 47 years! Located on a charming tree lined street, steps away from Melose shops and dining. This 19 unit building consists of (15) two-bedroom units, (3) one-bedroom units, and (1) two-bedroom unique owner's penthouse unit with beautiful Hollywood Hills views. FIVE UNITS DELIVERED VACANT! Upgrade and increase rental incomes. The building is 23,611 gross square feet and sits on a 12,079-square-foot lot. Residents enjoy a 93 walk score with unparalleled access to world-class dining, retail shops, and entertainment along the renowned Melrose Ave. with Beverly Hills just minutes away. This prime location ensures excellent connectivity via La Cienega Blvd and Melrose Ave, offering both lifestyle and convenience. This offering presents a value-add investment opportunity, offering a 5.4% initial CAP rate with the potential to achieve 7.30% once units turnover. Don't miss your chance to own a piece of this thriving community where culture, And prime location create an ideal environment for residents to live, work, and play. (All Electric Building, 31 Parking Spaces, Photos reflect a sampling of all currently vacant units)

25485757

MLSⓇ ID

January 20, 2025

Listed

January 21, 2025

Updated

Map

626 N Flores Street
West Hollywood CA, 90048

Interior Features

Total Stories: 1
Bedrooms: 35
Total Bathrooms: 36
Interior Features: Elevator
Appliances: Electric Cooktop, Disposal
Laundry Description: Common Area, Laundry Room
Fireplace: No
Fireplace Description: None
Cooling: No
Heating: Yes
Heating Description: Radiant

Exterior/Building Features

Lot Size: 0.28 Acres
Architectual Style: Contemporary
Sewer: Other

Other Property Details

Area Name: C10 - West Hollywood Vicinity
Garage: Yes
Garage Spaces: 27
Parking: Underground, Electric Gate, Garage, Community Structure, Tandem
Parking Total: 31
View: Yes
View Description: City Lights, Hills
County: Los Angeles
Pool: No
Pool Features: None
Zoning: WDR3C*

Listing Contact: 310-777-6200

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 1/21/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 1/21/2025 at 12:26 AM UTC