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Sold for $4,150,000 · Mar 2023

SOLD

Listed at $4,400,000

Sold

1121 N Kings Road, West Hollywood, CA 90069

West Hollywood, CA

MLS# 22199576

11,568 Sq Ft • Property16bd • 16ba
146 days on market

Listing Agent

Steven B. Mesbah

Listing Agent

Beverly and Company, Inc.

DRE #: 00883705

Brokerage: Beverly and Company, Inc.

Property Details

16

Bedrooms

16

Bathrooms

11,568 sqft

Square Feet

1968

Year Built

8,627 sqft

Lot Size

$359

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

Property

Property Type

Description

Realistic sellers . PRIME WEST HOLLYWOOD LOCATION . 1st time on the market in 50 years .Only 300 feet north of santa monica blvd. in the heart of West Hollywood . Rent free is supposed to expire jan. 31,2023( please confirm with the city of west hollywood ) assuming that occurs , rents can be increased on all units. 2 br, 2 bth owners unit with balcony will be delivered vacant . Property is being sold AS is & where is . Rent control building with huge upside in rent .( 4 ) approx. 1200 sq.ft (2 br, 2 bath ) and (7) approx. 900 sq.ft (1br, 1 bath )units . 2 br, 2 bath owner's unit will be delivered vacant check the link below for interior photos of a 1 br. unit . See attached approved engineering report and calculations for the soft story retrofitting . some units have hardwood flooring and a couple of units have been updated.

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

Facts & Features

Details

Cooling
WallWindowUnits
Heating
ForcedAir
View
CityLights

Sale history for 1121 N Kings Road

1 recorded sale

$4,150,000
Sold March 2023 · listed $4,400,000, orig. $5,500,000, on market September 2022, 146 days on market · MLS #22199576 · Source: CRMLS
Listing Agent: Steven B. Mesbah · Listing Office: Beverly and Company, Inc. · Contact: 818-382-4160 · Bought with: Steven B. Mesbah · Beverly and Company, Inc.

How this sale compares

1121 N Kings Road sold for $4,150,000 in March 2023, 5.7% under its $4,400,000 list price, after 146 days on the market. It was first listed at $5,500,000. That works out to $359 per square foot on 11,568 square feet. Across 174 closed sales in 90069 over the last 12 months, the median sold price is $1,280,000 and the median is $877 per square foot, 144% above this sale's $359.

$359
This sale, per sq ft
$877
90069 median per sq ft (12 mo)
$1,280,000
90069 median sold price (12 mo)
174
Closed sales in 90069 (12 mo)
146
Days on market
−5.7%
Sold vs. list price
QuarterClosed sales in 90069Median sold price
Q1 202617$1,205,000
Q2 202687$1,350,000
Q3 202658$1,161,380
Q4 202612$2,112,500

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in West Hollywood · Homes for sale in 90069

Recent sales near 1121 N Kings Road

Closed sales reported in 90069, nearest first, last 12 months. All recent sales in West Hollywood →

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