West Hollywood, CA 90048,537 N Kings RD
West Hollywood, CA 90048,537 N Kings RD
West Hollywood, CA 90048,537 N Kings RD
9
$2,050,000
$2,495,000
17.8%
Est.Price: ?

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5,758 Sqft Lot

537 N Kings RD West Hollywood, CA 90048

Est. payment /mo
SOLD DATE : 11/07/2023

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Key Details

Sold Price $2,050,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW23166451

Sold Date 11/07/23

HOA Y/N No

Year Built 1965

Lot Size 5,758 Sqft

Property Description

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 Opportunity
Don'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.

Location

State CA

County Los Angeles

Area C10 - West Hollywood Vicinity

Interior

Fireplace No

Laundry Common Area

Building

Lot Description 0-1 Unit/Acre

Story 2

Water Public

Others

Tax ID 5528014059

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Marina Tourney • Compass • 310-529-0486
Bought with Ariel Sayani • Keller Williams Beverly Hills

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Kelly Corsino

Agent | License ID: 01704102

+1(949) 229-0019

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