1244 Larrabee Street

West Hollywood, CA 90069

$4,875,000
Price
14
Beds
15
Baths
7,946 Sq. Ft.
$614 / Sq. Ft.
7,946
Sq. Ft.
$614
per Sq. Ft.

Description

We are proud to exclusively present for sale two side-by-side apartment buildings consisting of 14 units in prime West Hollywood Hills, above the Sunset Strip! The buildings have great layouts, providing a feeling of living in bungalows instead of an apartment complex, with a house-like front and great views from above. The properties are in need of extensive love and carenearing a full gut-jobbut with what look like very solid bones! With 7,946 SF of Rentable Square Footage and 13,367 SF of WDR4...We are proud to exclusively present for sale two side-by-side apartment buildings consisting of 14 units in prime West Hollywood Hills, above the Sunset Strip! The buildings have great layouts, providing a feeling of living in bungalows instead of an apartment complex, with a house-like front and great views from above. The properties are in need of extensive love and carenearing a full gut-jobbut with what look like very solid bones! With 7,946 SF of Rentable Square Footage and 13,367 SF of WDR4 zoned land, the property is poised to make a lot of tenants want to stay long-term, and provide a future site to build the envy of the town. Furnish the apartments and potentially rent them at a higher yield! Though there are 14 units on site that are registered with the City of West Hollywood, only 10 units show on Title. The property will be delivered fully vacant. Save yourself the headache of relocating people! The site is a rare Double Lot tucked away in an A+ exceptional location just North of the famed Sunset Blvd. and East of San Vicente Blvd. Future residents at this location will be walking distance to the envy-inducing Sunset Strip with all types of dining, shopping, and entertainment, and the nightlife found on Santa Monica Blvd. The 1 mile radius Average Household Income is over $140,000, making it clear that the immediate area attracts high income earners who want to reside in the finest of what Los Angeles County has to offer. The current ownership has started the process of entitling a 24 unit development project. Listing includes two APNs: 5560-021-018 & 5560-021-017.

Property Details for 1244 Larrabee Street

Zoning
WDR4
Parcel Number
5560021017
Total Units
14.0
Living Area
7946
Source Living Area
Assessor
Area
Sunset Strip - Hollywood Hills West (C03)
Vacancy Rate
100
Lot Size Area
13368

Location

Listing Courtesy of Keller Williams Beverly Hills, Dario Svidler, DRE #01884474; Keller Williams Beverly Hills, Almog Strikowski, DRE #01986816
Add your commute
LISTING UPDATED: 05/09/2024 12:01 AM

Property Details for 1244 Larrabee Street

StatusActive
MLS #24-386681
Days on Market19
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1930
Lot Size0.31 AC / 13,368 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Beverly Hills, Dario Svidler, DRE #01884474; Keller Williams Beverly Hills, Almog Strikowski, DRE #01986816
Add your commute

Building Information for 1244 Larrabee Street

Stories2Residences-Year Built1930Building Size-Lot Size0.31 AC / 13,368 SF

Payment Calculator

$30,662 per month

30 year fixed, 7.25% Interest

Principal and Interest

$26,605

Property Taxes

$4,057

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1244 Larrabee Street

Community / Development
Community / Development
  • Number Of Units: 14
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Various
Contract Info
Contract Info
  • Disclosures: As Is, Other, Rent Control
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1614
  • Lot Size Square Feet: 13368
  • Lot Size Dimensions: 95x140
  • Source Lot Size Dimensions: Assessor
Parking Details
Parking Details
  • Parking Garage: Other, Carport Detached, Private, Uncovered, Covered Parking
  • Total Parking: 10
  • Parking Features: Detached Carport, Private, Uncovered, Covered
  • Attached Garage: No
Interior Features
Interior Features
  • Levels: Multi/Split, Two
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Other
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 05-01-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 10
Unit 2 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $1,249,500.00
  • Assessed Improvement Percent: 32.03
  • Assessed Land Value: $2,652,000.00
  • Assessed Land Percent: 67.97
  • Assessed Total Value: $3,901,500.00

Property History for 1244 Larrabee Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1244 Larrabee Street

Taxable ValueLand$2,652,000Additions$1,249,500Total$3,901,500
Tax Record2023$48,689 ($4,057 / month)
Home Facts
Total Finished SqFt3,944 SqFtAbove Grade Finished SqFt3,944 SqFtLot Size7,027 SqFtStyleMulti-Family Res (5+ Units)Year Built1930ZoningWDR4*CountyLOS ANGELESAPN5560-021-017

Schools near 1244 Larrabee Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
West Hollywood Elementary School
PublicK to 5

Hubert Howe Bancroft Middle School
Public6 to 8

Hollywood Senior High School
Public9 to 12

Fairfax Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1244 Larrabee Street is a multi-family home for sale in West Hollywood, CA 90069. This property was listed for sale on May 1, 2024 by Keller Williams Beverly Hills, it's currently listed at $4,875,000. This listing's school district is Los Angeles Unified School District. Nearby schools include West Hollywood Elementary School, Hubert Howe Bancroft Middle School and Hollywood Senior High School. 1244 Larrabee Street is a 14-bed, 15-bath, 7,946 sqft multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Beverly Hills, Dario Svidler, DRE #01884474; Keller Williams Beverly Hills, Almog Strikowski, DRE #01986816

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.