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Listed by Tammy Jerome • Coldwell Banker Realty
$ 2,500,000
Est. payment /mo
New
714 N Knoll Drive West Hollywood, CA 90069
4,783 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,783 sqft
Price per Sqft $522
MLS Listing ID CRSR25271823
HOA Y/N No
Year Built 1963
Lot Size 5,839 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
Where else would you invest but in the trendiest, most hip location of West Hollywood in 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 super 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 significant appreciation and exceptional opportunity to capitalize on the rental upside potential in the most popular neighborhood of West Hollywood. To be honest, our residents tremendously enjoy being within short proximity to trendy entertainment, retail, and restaurants - all located within blocks of the subject property in all directions.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Common Area
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