862 N West Knoll Drive, West Hollywood, CA 90069

About this property

Classic 1920’s Spanish-style duplex in the heart of prime West Hollywood between Santa Monica Blvd. & Melrose Ave! Below-market rents! R3 zoned! Perfect as a personal residence, rental property, or development opportunity. Two individual side-by-side units, each with 2 beds + 1 bath, living room, dining area, front yards, patios, private backyards, remodeled kitchens, recessed lights, hardwood floors, copper plumbing, laundry-in-units, parking (driveway and street permits). HOME BUYERS… Unit 862 is a move-in ready personal residence with the adjacent unit offering the ability to earn a stream of passive rental income or to have as an ideal private guest house for multi-generational living. INVESTORS… Below-market rents offer excellent rental upside in a dense, high-demand rental market. DEVELOPERS… R3 zoning makes this an incredible opportunity to maximize the property’s income-producing potential. Zoning allows for the development of 4 dwelling units, and with a possible density bonus, up to 6 units may be developed. Truly a unique asset in an irreplaceable location. So close to countless necessities and conveniences that daily errands don't require a car, and central to West Hollywood's most notable and iconic attractions.

Listing description from the August 2016 sale, as reported to CRMLS.

Sale history

$1,710,000

Sold August 2016 · listed $1,795,000, orig. $1,995,000, on market March 2016 · MLS #SR16063752 · Source: CRMLS

Listing Agent: Christina Pambakian · Listing Office: Keller Williams Realty Calaba · Contact: 818-657-6500 · Bought with: Raymond Rodriguez · Keller Williams Realty Calaba

$1,710,000

Sold August 2016 · listed $1,795,000, orig. $1,995,000, on market March 2016 · MLS #SR16063678 · Source: CRMLS

Listing Agent: Christina Pambakian · Listing Office: Keller Williams Realty Calaba · Contact: 818-657-6500 · Bought with: Raymond Rodriguez · Keller Williams Realty Calaba

$1,710,000

Sold August 2016 · listed $1,795,000, orig. $1,995,000, on market March 2016 · MLS #SR16063729 · Source: CRMLS

Listing Agent: Christina Pambakian · Listing Office: Keller Williams Realty Calaba · Contact: 818-657-6500 · Bought with: Raymond Rodriguez · Keller Williams Realty Calaba

$1,275,000

Sold April 2015 · listed $1,375,000, orig. $1,400,000, on market February 2015 · MLS #15880383 · Source: CRMLS

Listing Agent: Jason Frisch · Listing Office: Joel Ring · Contact: 310-278-7677 · Bought with: Jason Frisch · Joel Ring

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