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… Read More 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 5.52% 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. Read Less
Courtesy of Marcus & Millichap 818-212-2700
Listing Snapshot
Days Online
14
Last Updated
Property Type
Other
Beds
14
Square Ft.
7,087
Lot Size
0.13 Acres
Year Built
1963
MLS Number
25554193
30 Days Snapshot Of 90048
$2.31M
+2%
(avg) sold price
12
-14%
homes sold
68
-20%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Refrigerator, Ceiling Fan
Building
7,087 sq ft, Built in 1963, Levels: Two
Cooling
Wall Unit(s)
Disclosures
None
Exterior Features
Stucco
Garage
Driveway - Concrete
Heating
Central
Laundry
In Unit
Lot
LotAcreage: 0.1322, LotSizeArea: 5,758
Parking
OpenOtherSpacesTotal: 5, TotalParking: 5
Property
NumberOfUnits: 6, Zoning: WDR3C*
Roof
Flat
Utilities
Water Heater Unit
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