553 N Flores St
West Hollywood, CA 90048
10 Beds
9 Baths
7,087 Sq Ft
119 Days on Market
For Sale $2,550,000
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Courtesy of Marcus & Millichap

Listing Agent & Comments

Saadia 'Sam' LiberowMarcus & Millichap
818-212-2795sam.liberow@marcusmillichap.com License #01933858
The property at 553 Flores Ave offers an excellent unit mix, including one 1+1, one 2+2, one 3+3, two 3+2 units, and RTI plans for a 2+2 ADU, attracting a wide range of tenants from young professionals to families. Situated in the heart of West Hollywood, it serves as a gateway to Los Angeles' cultural epicenter, near iconic landmarks like The Grove, Farmers Market, and Melrose Avenue, ensuring high tenant demand and premium rental rates. Nearby restaurants such as Catch LA, Sushi Gina Onodera, and Urth Caffe, with the "Golden Triangle" in Beverly Hills just a short drive away, add to its appeal. The property offers modern conveniences, fostering a sense of community and reducing reliance on transportation, leading to higher tenant retention and increased desirability. This stabilized asset presents an attractive acquisition in a supply-constrained market, offering a 5.73% CAP rate, with three of the five units extensively renovated and achieving market rents. The seller has secured approved plans for an ADU, enhancing rental income potential. West Hollywood's affluent demographic, with an average household income of nearly $131K within a mile, contributes to a favorable investment climate and sustained demand for quality rentals. Overall, 553 Flores Ave represents a compelling investment opportunity with strong fundamentals, a prime location, exceptional walkability, and promising growth prospects, making it a lucrative option for discerning investors in the dynamic Los Angeles real estate market.

MLS# 24395707 • Data provided by CRMLS
Additional home details
Living Area7,087 Sq.Ft.
Lot Size5,759 Sq.Ft.
Total Rooms--
Bedrooms10
Bathrooms9
Stories2
Year Built1963
Property TypeMulti Family
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year--
Tax Amount--
Property in Flood Zone--
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More Information On This Home
This home's estimated value
$2,465,314
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
Missing property details data
This property is missing data for:
Sale history
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HouseCanary, Inc. Brokerage

553 N Flores St., West Hollywood, CA 90048

Multi Family
10 Beds
9 Baths
7,087 Sq Ft
119 Days on Market

Listing Agent & Comments

Saadia 'Sam' LiberowMarcus & Millichap
818-212-2795sam.liberow@marcusmillichap.com License #01933858
The property at 553 Flores Ave offers an excellent unit mix, including one 1+1, one 2+2, one 3+3, two 3+2 units, and RTI plans for a 2+2 ADU, attracting a wide range of tenants from young professionals to families. Situated in the heart of West Hollywood, it serves as a gateway to Los Angeles' cultural epicenter, near iconic landmarks like The Grove, Farmers Market, and Melrose Avenue, ensuring high tenant demand and premium rental rates. Nearby restaurants such as Catch LA, Sushi Gina Onodera, and Urth Caffe, with the "Golden Triangle" in Beverly Hills just a short drive away, add to its appeal. The property offers modern conveniences, fostering a sense of community and reducing reliance on transportation, leading to higher tenant retention and increased desirability. This stabilized asset presents an attractive acquisition in a supply-constrained market, offering a 5.73% CAP rate, with three of the five units extensively renovated and achieving market rents. The seller has secured approved plans for an ADU, enhancing rental income potential. West Hollywood's affluent demographic, with an average household income of nearly $131K within a mile, contributes to a favorable investment climate and sustained demand for quality rentals. Overall, 553 Flores Ave represents a compelling investment opportunity with strong fundamentals, a prime location, exceptional walkability, and promising growth prospects, making it a lucrative option for discerning investors in the dynamic Los Angeles real estate market.

MLS# 24395707 • Data provided by CRMLS
Additional home details
Living Area7,087 Sq.Ft.
Lot Size5,759 Sq.Ft.
Total Rooms--
Bedrooms10
Bathrooms9
Stories2
Year Built1963
Property TypeMulti Family
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year--
Tax Amount--
Property in Flood Zone--
We’ll connect you with top agents in your area.
Missing property details data
This property is missing data for:
Sale history
New
Do you own this home?
Access your homeowner dashboard
house
For Sale $2,550,000
Request tour
Save
Courtesy of Marcus & Millichap
553 N Flores St
West Hollywood, CA 90048
10 Beds
9 Baths
7,087 Sq Ft
119 Days on Market

Listing Agent & Comments

Saadia 'Sam' LiberowMarcus & Millichap
818-212-2795sam.liberow@marcusmillichap.com License #01933858
The property at 553 Flores Ave offers an excellent unit mix, including one 1+1, one 2+2, one 3+3, two 3+2 units, and RTI plans for a 2+2 ADU, attracting a wide range of tenants from young professionals to families. Situated in the heart of West Hollywood, it serves as a gateway to Los Angeles' cultural epicenter, near iconic landmarks like The Grove, Farmers Market, and Melrose Avenue, ensuring high tenant demand and premium rental rates. Nearby restaurants such as Catch LA, Sushi Gina Onodera, and Urth Caffe, with the "Golden Triangle" in Beverly Hills just a short drive away, add to its appeal. The property offers modern conveniences, fostering a sense of community and reducing reliance on transportation, leading to higher tenant retention and increased desirability. This stabilized asset presents an attractive acquisition in a supply-constrained market, offering a 5.73% CAP rate, with three of the five units extensively renovated and achieving market rents. The seller has secured approved plans for an ADU, enhancing rental income potential. West Hollywood's affluent demographic, with an average household income of nearly $131K within a mile, contributes to a favorable investment climate and sustained demand for quality rentals. Overall, 553 Flores Ave represents a compelling investment opportunity with strong fundamentals, a prime location, exceptional walkability, and promising growth prospects, making it a lucrative option for discerning investors in the dynamic Los Angeles real estate market.

MLS# 24395707 • Data provided by CRMLS
Additional home details
Living Area7,087 Sq.Ft.
Lot Size5,759 Sq.Ft.
Total Rooms--
Bedrooms10
Bathrooms9
Stories2
Year Built1963
Property TypeMulti Family
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year--
Tax Amount--
Property in Flood Zone--
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$2,465,314
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
Missing property details data
This property is missing data for:
Sale history
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $2,550,000
Request tour
Save
Courtesy of Marcus & Millichap