537 N Kings Road, West Hollywood, CA 90048

About this commercial property

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.

Listing description from the November 2023 sale, as reported to CRMLS.

Sale history

$2,050,000

Sold November 2023 · listed $2,495,000, on market September 2023 · MLS #PW23166451 · Source: CRMLS

Listing Agent: Marina Tourney · Listing Office: Compass · Contact: 310-529-0486 · Bought with: Ariel Sayani · Keller Williams Beverly Hills

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