1244 Larrabee Street
1244 Larrabee Street
$4,875,000
14
15
7,946
7,946
$614
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 Number5560021017
Total Units14.0
Living Area7946
Source Living AreaAssessor
AreaSunset Strip - Hollywood Hills West (C03)
Vacancy Rate100
Lot Size Area13368
Location
LISTING UPDATED: 05/09/2024 12:01 AM
Property Details for 1244 Larrabee Street
Status | Active |
---|---|
MLS # | 24-386681 |
Days on Market | 19 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1930 |
Lot Size | 0.31 AC / 13,368 SF |
County | Los Angeles County |
Location
Building Information for 1244 Larrabee Street
Stories2Residences-Year Built1930Building Size-Lot Size0.31 AC / 13,368 SF
Payment Calculator
$30,662 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1244 Larrabee Street
Property History for 1244 Larrabee Street
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
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
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.