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2024 Laurel Canyon Blvd 4 Unit Apartment Building Offered at $2,499,000 at a 5.06% Cap Rate Los Angeles, CA 90046



Investment Highlights
- Crown Molding
- Ceiling Fans
Executive Summary
This Hollywood Hills gem offers an exceptional opportunity for both investors and owner-users in the highly sought-after Laurel Canyon neighborhood of Los Angeles. This charming fourplex showcases the timeless character and architectural appeal that make classic Laurel Canyon properties so desirable. Rich with vintage charm and filled with natural light, each residence offers its own sense of privacy and personality while presenting excellent income potential and long-term value. Two of the four residences are currently unoccupied, providing immediate flexibility for an owner-user, the opportunity to establish market rents, or a combination of both. Perfectly situated along iconic Laurel Canyon Boulevard, this property is just moments from the Sunset Strip, Hollywood, West Hollywood, and some of Los Angeles' best dining, entertainment, and creative hubs. Enjoy the convenience of being moments from the beloved Canyon Country Store, a neighborhood favorite known for its café, market, and quintessential Laurel Canyon atmosphere. This is a rare opportunity to own a character-filled fourplex in the heart of the Hollywood Hills, offering an exceptional blend of location, charm, flexibility, and investment potential.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,499,000 | Lot Size | 0.14 AC |
| Price Per Unit | $624,750 | Building Size | 2,889 SF |
| Sale Type | Investment | Average Occupancy | 50% |
| Cap Rate | 5.06% | No. Stories | 2 |
| No. Units | 4 | Year Built | 1922 |
| Property Type | Multifamily | Parking Ratio | 0.35/1,000 SF |
| Price | $2,499,000 |
| Price Per Unit | $624,750 |
| Sale Type | Investment |
| Cap Rate | 5.06% |
| No. Units | 4 |
| Property Type | Multifamily |
| Lot Size | 0.14 AC |
| Building Size | 2,889 SF |
| Average Occupancy | 50% |
| No. Stories | 2 |
| Year Built | 1922 |
| Parking Ratio | 0.35/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | $3,842 | - |
| 1+1 | 1 | $2,227 | - |
| 1+1 | 1 | $3,068 | - |
| 1+1 | 1 | $2,951 | - |
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Moderately walkable
60/100
Moderately drivable
70/100
Some public transit
40/100
Somewhat bikeable
30/100
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Contact the Sale Advisor
2024 Laurel Canyon Blvd
