833 N Poinsettia Pl, Los Angeles, CA 90046
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833 N Poinsettia Pl, Los Angeles, CA 90046
833 N Poinsettia Pl, Los Angeles, CA 90046
833 N Poinsettia Pl, Los Angeles, CA 90046
833 N Poinsettia Pl, Los Angeles, CA 90046
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$ 1,300,000
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833 N Poinsettia Pl Los Angeles, CA 90046

4 Beds

4 Baths

2,374 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,374 sqft

Price per Sqft $547

MLS Listing ID 26644191

Bedrooms 4

Year Built 1940

Lot Size 7,351 Sqft

Acres 0.1688

Property Sub-Type Multi-Family

Property Description

We are pleased to present a very rare opportunity to acquire 833 N Poinsettia Pl, a West Hollywood-adjacent 4-Unit multifamily building.Available for the first time since 1988, the property is ideally situated between Santa Monica Blvd and Melrose Ave, within close distance to some of Los Angeles' most iconic dining, nightlife, and shopping destinations. 833 N Poinsettia Pl boasts a prime location with exceptionally high tenant demand and easy access to other coveted employer hubs including Beverly Hills, Century City, Hollywood, and the Miracle Mile. This property sits on a 7,349 Square Foot lot with 2,374 Square Feet of gross building area. The property consists of Four (1) One-Bedroom Units that are each individually metered for utilities. Tenants also benefit from Six (6) on-site private parking spots, Four (4) garage spots and Two (2)along the driveway, as well as dedicated storage areas.This is a rare opportunity to acquire a coveted asset in one of the most competitive rental submarkets in Los Angeles. With current rents approximately 58% below market, the property provides clear value-add potential for investors, while also offering significant existing cash flow and strong long-term appreciation potential.

Location

State CA

County Los Angeles

Area West Hollywood Vicinity

Zoning LAR3

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Other

Building

Level or Stories One

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by CBRE
George Salazar

George Salazar

Agent | License ID: 00884017

+1(310) 400-6756

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833 N Poinsettia Pl