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626 N Flores Street

West Hollywood, CA 90048

– beds
– baths
– sqft
12,079 sqft lot
1964 build
– on site

First time on the market in 47 years! Located on a charming tree lined street, steps away from Melose shops and dining. This 19 unit building consists of (15) two-bedroom units, (3) one-bedroom units, and (1) two-bedroom unique owner's penthouse unit with beautiful Hollywood Hills views. FIVE UNITS DELIVERED VACANT! Upgrade and increase rental incomes. The building is 23,611 gross square feet and sits on a 12,079-square-foot lot. Residents enjoy a 93 walk score with unparalleled access to world-class dining, retail shops, and entertainment along the renowned Melrose Ave. with Beverly Hills just minutes away. This prime location ensures excellent connectivity via La Cienega Blvd and Melrose Ave, offering both lifestyle and convenience. This offering presents a value-add investment opportunity, offering a 5.4% initial CAP rate with the potential to achieve 7.30% once units turnover. Don't miss your chance to own a piece of this thriving community where culture, And prime location create an ideal environment for residents to live, work, and play. (All Electric Building, 31 Parking Spaces, Photos reflect a sampling of all currently vacant units)

Listed By CRMLS_CA / Danny Mahelka / Coldwell Banker Realty

Last checked: Checking… • Last updated Jan 21, 2025 •

MLS# 25485757 —

The Building

Year Built:

1964
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

23611.00
Total Number Of Units:

19
# of Buildings:

1
Architectural Style:

Contemporary
Stories Total:

3
Faces:

West

Interior

Features:

Elevator
Levels:

One
Fireplace:

No
Fireplace:

None
Laundry:

Community, Individual Room
Laundry:

1

Location

Directions:

South of Melrose Ave. / East of La Cienega Blvd.
Latitude:

34.08301000
Longitude:

-118.37095100

The Property

Property Type:

Residential Income
Zoning:

WDR3C*
Lot Size Area:

12079.0000
Lot Size Acres:

0.2773
Lot Size SqFt:

12079.00
Lot Size Source:

Assessor
View:

1
View:

City Lights, Hills
Security Features:

Gated Community, Automatic Gate, Fire and Smoke Detection System

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5528015035

Heating & Cooling

Heating:

1
Heating:

Radiant

Utilities

Sewer:

Other

Appliances

Appliances:

Disposal, Electric Cooktop
Included:

Yes

The Community

Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None
Assessments:

No

Parking

Parking:

Yes
Parking:

Auto Driveway Gate, Community Structure, Tandem Garage, Subterranean
Parking Spaces:

31.00
Garage Spaces:

27.00
Uncovered Spaces:

2.00
Carport Spaces:

4.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
1/21/25 Jan 21, 2025	Listed / Active	CRMLS_CA	$6,500,000

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This multifamily located in Central LA, West Hollywood, CA 90048 is currently for sale for $6,500,000. 626 N Flores Street is a – square foot multifamily with – beds and – baths that has been on Estately for 1 days. 626 N Flores Street is in the Central LA neighborhood of West Hollywood and has a WalkScore® of 93, making it a walker’s paradise. This multifamily is in the attendance area of Fairfax Senior High School, Hubert Howe Bancroft Middle School, and Rosewood Avenue Elementary School.

Listing Courtesy of: CRMLS_CA and Coldwell Banker Realty. Based on information from California Regional Multiple Listing Service, Inc. as of 08:34 on Jan 22.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.