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$ 1,749,900
Est. payment /mo
New
1029 N Orange Grove West Hollywood, CA 90046
4 Beds
4 Baths
6,395 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26161664
Bedrooms 4
Lot Size 6,395 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Prime West Hollywood triplex featuring three units across two separate buildings, offering immediate income and compelling long-term potential. The property presents an excellent opportunity for investors, multigenerational ownership, or a future owner-user seeking to occupy one residence while generating income from the others, subject to existing tenancies and applicable regulations. Outdoor areas include a spacious shared courtyard and covered patio, while garagescurrently rented separately from the residential unitsprovide additional income. Photos taken from the garage rooftop illustrate the potential west-to-east outlook, including views toward the Hollywood Sign that may be achievable with future three-story development. According to preliminary information from the City of West Hollywood, the site may offer potential for up to five approximately 1,500-square-foot units, plus two additional affordable units, subject to zoning, density-bonus requirements, design review, tenant protections and all governmental approvals. Buyers should independently verify all development possibilities. Ideally located in the heart of West Hollywood, just moments from celebrated restaurants, shopping, nightlife, entertainment and everyday conveniences. A rare opportunity to acquire an income-producing property with additional garage revenue and significant future upside in one of Los Angeles most desirable rental markets.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Romaine and Fairfax
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 5530012021
Acceptable Financing Cash
Listing Terms Cash
Listed by Edward Frish, DRE#01252271 Century 21 Hollywood