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1050 N Laurel Ave, West Hollywood, CA 90046

List Price: $2,925,000On Market FlagOn market
Jul 30, 20257,572 sqft12 beds12 baths
Listed by: Chana Gedy
License #: 02031085
Phone #: 310-499-6249
Chana Gedy
Source:
CRMLS Logo
MLS #: 25571941

Property Description

First time on the market in over 20 years, 1050 N. Laurel Ave presents a rare opportunity to acquire a well-maintained 8-unit multifamily property in the heart of West Hollywood. Situated on a WDR3C* zoned lot, this asset offers a powerful combination of immediate income, long-term upside, and future development potential in one of L.A.'s most desirable rental markets. The property currently generates a gross annual income of approximately $201,810, with significant value-add potential through unit turnover and cosmetic enhancements. Recent capital improvements include: Seismic retrofit completed in 2023, Lower roof replaced in March 2025, Upper roof replaced in 2023, Horizontal copper plumbing has been updated. Located on a quiet, tree-lined street just blocks from Melrose Ave and Santa Monica Blvd, the building offers excellent walkability to shops, restaurants, and cultural hotspots. With strong in-place income, rent upside, and prime zoning, 1050 N. Laurel Ave is a compelling opportunity for both cash flow-focused investors and long-term holders looking for growth and stability.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$37,065

TurboHome Estimated Value

$2,698,000

$356 sqft

High Valuation
$2,832,900
$374/sqft
Normal Valuation
$2,698,000
$356/sqft
Low Valuation
$2,563,100
$338/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$356/sqft$2,698,000

Neighborhood: Mid City West

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Comparative Value

$2.20M

$2.70M

$2.92M

1316 N Fairfax Ave, West Hollywood, CA 90046

Sale Price: $2,200,000

Selected Comparable

637 N Spaulding Ave, Los Angeles, CA 90036

Sale Price: $2,700,000

Selected Comparable

1050 N Laurel Ave, West Hollywood, CA 90046

List Price: $2,925,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
1050 N Laurel Ave, West Hollywood, CA 90046

1050 N Laurel Ave, West Hollywood, CA 90046

List: $2,925,000

Listed: 7/30/2025

Area:7,572 sqft
Price/sqft:$386
Beds:12
Baths:12
Year Built:
Lot Size:6,547

Comparable Properties

COMPARABLE
Choose comps
1316 N Fairfax Ave, West Hollywood, CA 90046

1316 N Fairfax Ave, West Hollywood, CA 90046

Sale: $2,200,000

1/29/20250.38 mi

Area:6,885 sqft
Price/sqft:$320
Beds:12
Baths:12
Year Built:
Weight:52.9%
637 N Spaulding Ave, Los Angeles, CA 90036

637 N Spaulding Ave, Los Angeles, CA 90036

Sale: $2,700,000

5/15/20250.64 mi

Area:9,654 sqft
Price/sqft:$280
Beds:12
Baths:12
Year Built:
Weight:47.1%

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