825 Larrabee Street, West Hollywood, CA 90069

About this single-family home

PRICE DROP!! Amazing location just to the north of Santa Monica Blvd. Currently leased for $10,000/month. Expanded single family house with 6 beds and 5 baths. Approved for 9 beds RCFE (Residential Care Facility). BUT - zoned R4! Highest and best use would be to develop the property for rental housing. Great development potential - build "as of right", or take advantage of density bonuses - lots of potential. Collect significant rent while entitling the property. Also, no unit replacement required, no rent control tenants.

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

Sale history

$2,100,000

Sold June 2023 · listed $2,195,000, orig. $2,450,000, on market September 2022 · MLS #23244853 · Source: CRMLS

Listing Agent: Craig Spano · Listing Office: Compass · Contact: 310-893-8300 · Bought with: Daniel John Cavanaugh · Cavanaugh Realtors

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