Property
Beds
14
Full Baths
None
1/2 Baths
None
Year Built
1963
Sq.Footage
7,087
553 Flores Ave is a rare investment opportunity in the heart of West Hollywood, offering a strong unit mix and stable income in a high-demand rental market. The property includes one 1+1, one 2+2, one 3+3, two 3+2s, and a newly built 2+2 ADUappealing to a wide range of tenants and supporting long-term retention. Three units have been extensively renovated to achieve market rents and now feature in-unit laundry, while the ADU is newly leased at market rate. With a 6.00% CAP rate and a location in a supply-constrained submarket, this asset offers both immediate cash flow and long-term upside.Situated in a prime West Hollywood location with a Walk Score of 93, residents enjoy unmatched access to The Grove, Melrose Avenue, top dining spots like Catch LA, and the Beverly Hills "Golden Triangle."
Features & Amenities
Interior
-
Other Interior Features
Ceiling Fan(s)
-
Total Bedrooms
14
-
Bathrooms
N/A
-
Heating YN
YES
-
Heating
Central
Exterior
-
Garage
No
-
Construction Materials
Stucco
-
Parking
Concrete
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.1322
-
Property Type
Residential Income
Price
-
Sales Price
$2,495,000
-
Sq. Footage
7, 087
-
Price/SqFt
$352
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Senior Community YN
NO
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Saadia 'Sam' Liberow , Marcus & Millichap
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