553 N Flores Street

West Hollywood , CA 90048

MLS#: 25554193

$2,495,000

Status: Active
Listing number: 25554193
Listing provided by: Marcus & Millichap
Listing agent phone: None
Last update: 15 days ago
On site: 4 months ago
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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 ADU appealing 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 5.64% 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

  • Pet friendly

    N/A

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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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 ADU appealing 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 5.64% 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."

553 N Flores Street

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