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.
Listed by Chana Gedy
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License #02031085
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Chana Gedy
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310-499-6249
Last updated November 12, 2025
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Source: CRMLS #25571941
Listing Facts
TypeMulti-family
NeighborhoodCentral LA
Bedrooms12
Days on Prevu112
Size7,572 sqft
Price per sqft$363
Amenities
Parking
Location
Mortgage Calculator
Listing History
11/12/2025
Price Decreased
$2,750,000
10/27/2025
Status changed to Active
$2,925,000
10/22/2025
Status changed to Removed from Feed
$2,925,000
10/18/2025
Status changed to Active
$2,925,000
10/16/2025
Status changed to Removed from Feed
$2,925,000
09/21/2025
Status changed to Active
$2,925,000
09/19/2025
Status changed to Removed from Feed
$2,925,000
09/18/2025
Status changed to Active
$2,925,000
09/17/2025
Status changed to Removed from Feed
$2,925,000
09/16/2025
Status changed to Active
$2,925,000
09/15/2025
Status changed to Removed from Feed
$2,925,000
09/12/2025
Status changed to Active
$2,925,000
09/06/2025
Status changed to Removed from Feed
$2,925,000
09/05/2025
Status changed to Active
$2,925,000
09/04/2025
Status changed to Removed from Feed
$2,925,000
09/01/2025
Status changed to Active
$2,925,000
08/29/2025
Status changed to Removed from Feed
$2,925,000
07/30/2025
Listed by Chana Gedy
$2,925,000
Property Details for 1050 N Laurel Avenue
Exterior
Construction
Number Of Units Total: 8
Stories Total: 2
Year Built: 1959
Measurements
Building Area Total: 7,572
Lot Size Acres: 0.15
Lot Size Area: 6,550
Lot Size Square Feet: 6,550
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 5.01
Gross Income: $205,368.00
Taxes
Parcel Number: 5529015030
Interior
Features
Appliances: Oven, Refrigerator
Measurements
Living Area: 7,572
Rooms
Bathrooms Total Integer: 12
Bedrooms Total: 12
Parking
Parking
Parking Features: Assigned
Parking Total: 6
Utilities
Equipment
Laundry Features: Common Area
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.