Back To Search
1424 Poinsettia Place

Los Angeles, CA 90046

$6,000,000 Sale Price
Est. Payment: $ 0/mo
36
Bed
0
Bath
22,251 Sq. Ft.
$328 / Sq. Ft.
Sold

1424 Poinsettia Place

Los Angeles, CA 90046

Sold
$6,000,000 Sale Price
$0/mo
36
Bed
0
Bath
22,251
Sq. Ft.
We are pleased to present the opportunity to acquire a value-add multifamily property located in the West Hollywood/Hollywood submarket of Los Angeles. This charming property is located at 1424 N. Poinsettia Place and is comprised of 24 units across +/- 22,251 square feet of improvements and +/- 12,632 square feet of land. The Poinsettia Place Apartments is conveniently located on Poinsettia Place, just south of Sunset Blvd., between La Brea Ave. and Martel Ave., north of Fountain Ave. Built in 1965, the property is made up of 12 One-Bedroom / One-Bath units, and 12 Two-Bedroom / Two-Bath units. The quiet and picturesque street makes the building highly desirable to potential tenants. The building is individually metered for electricity and master metered for water and gas for the central water heater. Ample 40 space covered parking is accessed via gated entry. Great location in Los Angeles borders West Hollywood. Tenants can easily enjoy all of the work, dining, and entertainment opportunities nearby. The new ownership can renovate, remodel and reposition units as the units turn capturing a higher-income tenant base and top-of-market rents. The surrounding area has gentrified with a number of nearby hotel renovations and development projects completed. Please contact agents for full offering memorandum.
PROPERTY INFORMATION
MLS # 23323887 Lot Size 12,501 Sq. Ft.
HOA Fees $0/Monthly Property Type N/A
Price $ 7,300,000
Price Per SqFt: $ 328
DOM 599 Days
Address 1424 Poinsettia Place Type Residential Income
City Los Angeles Sq.Ft. 22,251 Sq. Ft.
Postal Code 90046 Garage N/A
County Los Angeles Year Built 1965
Bed / Bath 36 / 0 Parking 40
Built In 1965 Status Closed
Sold Date 2023-12-01
INTERIOR FEATURES
Has Appliances Yes
Kitchen Appliances Disposal
Has Heating Yes
Heating Information Wall Furnace
Has Cooling Yes
Cooling Information Wall/Window Unit(s)
InteriorFeatures Information Ceiling Fan(s)
EXTERIOR FEATURES
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $7,787
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


/year
/month

/month
PRICE HISTORY
Date Event Price
10/28/2023 Listed $7,300,000
Topfind Realty

Topfind Realty

REALTOR®

(844)-333-8033

Questions? Contact today.

Interested in buying or selling a home similar to 1424 Poinsettia Place?

Listing provided courtesy of Adam Zunder, Iconic Investments. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Back To Search