553 N Flores St
West Hollywood, CA 90048
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.
Sales Price $2,495,000
Beds
14
Baths
12
Home Size
7087 Sq. Ft.
Lot Size
5758 Sq. Ft.
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."
This home located at 553 N Flores St is currently active and has been available on pardeeproperties.com for 41 days. This property is listed at $2,495,000. It has 14 beds and 12 bathrooms. The property was built in 1963. 553 N Flores St is in the West Hollywood Vicinity community of Los Angeles County.
Quick Facts
- 41 days on market
- Built in 1963
- Total parking spaces 5Car
- Driveway - Concrete
- Community | West Hollywood Vicinity
- MLS# | 25554193
Features
- Wall Unit(s) Cooling
- Central Heat
The multiple listings information is provided by The MLS™/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2014 The MLS™/CLAW. All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate and should be independently verified.
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