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Listed by Tammy Jerome • Coldwell Banker Realty
$ 2,500,000
Est. payment /mo
New
714 N Knoll DR West Hollywood, CA 90069
5,839 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR25271823
Year Built 1963
Lot Size 5,839 Sqft
Source California Regional MLS
Property Description
Where else would you invest but in the trendiest, most hip location of West Hollywood, sunny California! A Mid Century architectural-style, this 6 units building, a mix of 2X 2+2 and 4X 1+1, is fully occupied, income producing small complex located in WeHo's most desirable neighborhood. Across from hi-end, posh Le Parc at Melrose Hotel, 1 block E. of La Cienega & 1 block N. of Melrose - in short, an area in high demand due to its dynamic life and great proximity to top dining venues, high energy nightlife, entertainment and upscale shopping - we're within just a few yards of all these amazing opportunities. The property offers an incredible redevelopment potential, whether for luxury condos, high-end townhomes, or stylish apartments. You've got a rare chance to acquire a solid asset in one of the most sought-after locations in Los Angeles, offering the possibility for steady appreciation and exceptional opportunity to capitalize on the rental upside potential in the most popular neighborhood of West Hollywood. Our current residents tremendously enjoy being within short proximity to trendy entertainment, retail and restaurants - all located within blocks of the subject property in all directions. PLEASE, DO NOT DISTURB TENANTS. DRIVE BY ONLY.
Location
State CA
County Los Angeles
Area C10 - West Hollywood Vicinity
Interior
Laundry Community Facility
Exterior
Parking Features Carport
Garage Spaces 12.0
Pool None
Building
Water District - Public
Others
Tax ID 4337003067
Special Listing Condition Not Applicable
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