1210 Larrabee Street is an excellent opportunity to acquire a true pride of ownership property in one of the best rental locations in prime West Hollywood, north of prestigious Sunset Blvd. The property was built in 1960 as a luxury building, and there is significant rental upside. This well maintained property boasts a great unit mix consisting of mostly large 1 and 2 bedroom units, with 1 unit being a dramatic Penthouse of approximately 2,200 sq. ft. and consisting of two bedrooms and 3 baths that encompasses the entire top floor. Additionally, this unit has private elevator access, central HV/AC, is flooded with natural light, and has unparalleled views of the entire city from Downtown Los Angeles to the Ocean.
Several units, including the penthouse, will be delivered vacant at the close of escrow, which will enable the buyer with the unique opportunity to capitalize on immediate upside. Other property features include an on-site laundry room and ample parking. 1210 Larrabee is a premiere West Hollywood location that is regarded as a “Walker’s Paradise” since it features an incredible Walk Score of 90.
This easy to manage property is a very rare investment opportunity and/or ideal owner user opportunity, allowing a Buyer to occupy the penthouse unit and collect rental income from the other units. 1210 Larrabee is a highly sought after asset and is being offered for sale for the first time ever. It presents a Buyer with the potential to acquire a low maintenance building in one of the most prime locations in Los Angeles.
* Units 6 and 7 are currently combined and vacant. Approved by the City to operate as a 2+2 unit #6. Buyer can separate units (Buyer to verify)
by adding a kitchen to one of the units. Seller to provide documentation regarding the combination and possible separation of the units.
