Rare Value-Add Multifamily Opportunity in prime location in the heart of West Hollywood.Discover an exceptional investment opportunity at 537 N Kings Road. Situated on a serene and desirable street in the core of West Hollywood, this property offers a unique chance to enter one of Los Angeles' most sought-after neighborhoods.Key Features:Proximity to Melrose Place: Located just one block away from Melrose Place, which is currently one of the hottest amenity corridors in Los Angeles. Enjoy easy access to trendy boutiques, dining, and entertainment.Meticulously Maintained: This property boasts a single owner who constructed it in 1965 and has diligently preserved its condition.Unit Variety: Comprising two 1-bedroom 1-bath units, two 2-bedroom 2-bath units, one 3-bedroom 2-bath unit, and one 3-bedroom 3-bath unit, this property offers a diverse range of rental opportunities.Value-Add Potential: Each unit presents the opportunity for strategic repositioning, allowing you to command top-of-the-market rents.Parking and Amenities: Benefit from below-grade and gated parking spaces, providing convenience and security for tenants. Additionally, the property includes a laundry room for added tenant satisfaction.Act Quickly: A Rare Repositioning OpportunityDon't miss out on this extraordinary property primed for repositioning. Properties of this caliber in West Hollywood's core are in high demand and tend to be snapped up swiftly.Contact us today to seize this exceptional investment opportunity at 537 N Kings Road.
|
DAYS ON MARKET
|
60
|
LAST UPDATED
|
11/13/2023
|
|
YEAR BUILT
|
1965
|
COMMUNITY
|
West Hollywood Vicinity
|
|
COUNTY
|
Los Angeles
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STATUS
|
Sold
|
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PROPERTY TYPE(S)
|
Commercial
|
|
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| AREA |
West Hollywood Vicinity |
| LOT |
5758 sq ft |
| LOT DESCRIPTION |
0-1 Unit/Acre |
| STORIES |
2 |
| WATER |
Public |
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Listed with Compass
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 9/7/24 7:23 PM PDT and /or other sources. 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
This IDX solution is (c) Diverse Solutions 2024.
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