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.
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“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 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 | $/sqft | Valuation |
---|---|---|
HouseCanary | $356/sqft | $2,698,000 |
Get a detailed valuation report, schedule a tour or make an offer!
“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.”
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
SUBJECT1050 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
COMPARABLEChoose comps
1316 N Fairfax Ave, West Hollywood, CA 90046
Sale: $2,200,000
1/29/2025 • 0.38 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
Sale: $2,700,000
5/15/2025 • 0.64 mi
Area:9,654 sqft
Price/sqft:$280
Beds:12
Baths:12
Year Built:—
Weight:47.1%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
1050 N Laurel Ave, West Hollywood, CA 90046 | $2,925,000 | 7,572 | $386 | 6,547 | — | 7/30/2025 | 12 | 12 | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
1316 N Fairfax Ave, West Hollywood, CA 90046 | $2,200,000 | 6,885 | $320 | 6,550 | 0.38 mi | 1/29/2025 | 12 | 12 | — | 52.9% | |
637 N Spaulding Ave, Los Angeles, CA 90036 | $2,700,000 | 9,654 | $280 | 6,417 | 0.64 mi | 5/15/2025 | 12 | 12 | — | 47.1% |
Nearby Listings
9 similar properties within 5 miles

List Price: $3,100,000
733 N Hayworth Ave, Los Angeles, CA 90046
11 bd 11 ba 6,164 sqft
TurboHome Est. Value:
$2,898,400

List Price: $2,950,000
648 N Hayworth Ave, Los Angeles, CA 90048
12 bd 13 ba 7,392 sqft
TurboHome Est. Value:
$2,809,600

List Price: $2,700,000
642 N Hayworth Ave, Los Angeles, CA 90048
13 bd 13 ba 7,374 sqft
TurboHome Est. Value:
$2,693,600
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