West Hollywood, CA 90048,521 N Flores ST
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West Hollywood, CA 90048,521 N Flores ST
West Hollywood, CA 90048,521 N Flores ST
West Hollywood, CA 90048,521 N Flores ST
West Hollywood, CA 90048,521 N Flores ST

$2,460,000

Est. payment /mo

$2,488,000

1.1%
Est.Price: ?

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521 N Flores ST West Hollywood, CA 90048

5,662 Sqft Lot

SOLD DATE : 03/31/2020

Key Details

Sold Price $2,460,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CV20020892

Sold Date 03/31/20

HOA Y/N No

Year Built 1962

Lot Size 5,662 Sqft

Acres 0.13

Property Description

521 N Flores Street is located south of the 2 Freeway, east of La Cienega Boulevard, between Melrose Avenue and Beverly Boulevard. It is located less than 1 mile from Cedars Sinai Medical Center, and within a 2 mile radius of The Grove and Sunset Plaza. It is also positioned in close proximity to Fairfax High School, Lauren Span School, Kings Rd Park and various restaurants and retailers all within walking distance.

The Flores Street Apartments is a rare, two-story, 5 unit property. The property is situated on a ±5,746 square foot lot with a total building size of ±5,275 square feet. The property offers an excellent unit mix of one-bedroom/one-bathroom units, two-bedroom/two-bathroom units, and three-bedroom/ two-bathroom units averaging 1,055 square feet. Additionally, the features 10 parking spaces, beautifully maintained landscaping, and an on-site laundry facility. Select units are renovated with new kitchens and new bathrooms. All units feature wall A/C and heat, hardwood and tile flooring with either a private patio, balcony or backyard.

The Flores Street Apartments is a prime West Hollywood, income producing property and a great long term investment. The property offers stability for any type of investor whether it may be a first-time purchaser, seasoned value-add investor, or a 1031 exchange opportunity. An interested owner-user can take advantage and become a resident of the highly sought after city of West Hollywood.

Location

State CA

County Los Angeles

Area C10 - West Hollywood Vicinity

Zoning WDR3C*

Rooms

Ensuite Laundry Common Area

Interior

Laundry Location Common Area

Fireplace No

Laundry Common Area

Exterior

Pool None

Community Features Curbs, Sidewalks

Private Pool No

Building

Lot Description Rectangular Lot

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5528014036

Energy Description 1477.0

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by ERIC CHEN • CB RICHARD ELLIS
Bought with Farzin Pour • Pour & Associates

Anna Taylor

Agent | License ID: 02115281

+1(562) 275-1710

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