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547 Flores Street
West Hollywood, CA 90048
Sold
547 Flores Street
West Hollywood, CA 90048
Sold
TOP AVAILABLE INVESTMENT UNITS IN WEHO at this time. Back on Market, buyer couldn't perform. Let me save you the time of running numbers on multiple properties in the area. With a GRM at 12.9 and a CAP at 5.58% (self-managed), this is it! 547 N Flores is a clean, low maintenance, 6-unit asset. It consists of two 3/2, one 2/2, one 2/1 and two 1/1. Five of the units have been updated within the past few years. All have an outdoor personal space via balcony or patio, updated energy efficient windows, central heating, kitchen appliances are included as well as the coin operated washer & dryer located in the common use laundry room on the first floor (refrigerators, stoves, dishwashers and coin operated washer & dryer all transfer with the building). Both 3/2 units have Central A/C and the rest have wall units. The entire exterior of the building has just been pressure washed and painted with top Benjamin Moore long lasting elastomeric paint. Roof was replaced in Feb. 2020, Earthquake Foundation Bolting done in Aug. 2005 and Soft Story reinforcement was completed in Oct 2021. All copper plumbing. All electrical sub-panels have been updated. This is as solid and as sound as they come. The seller will NOT be conducting a 1031 exchange. No wait times here. Ready to close escrow at the asking price. Firm.
PROPERTY INFORMATION
| MLS # | SB23193568 | Lot Size | 5,754 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Commercial/Residential |
| Price | $ 2,399,000
Price Per SqFt: $ 386 |
DOM | 558 Days |
| Address | 547 Flores Street | Type | Residential Income |
| City | West Hollywood | Sq.Ft. | 6,216 Sq. Ft. |
| Postal Code | 90048 | Garage | N/A |
| County | Los Angeles | Year Built | 1959 |
| Bed / Bath | 12 / 0 | Parking | 10 |
| Built In | 1959 | Status | Closed |
| Sold Date | 2023-12-20 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Common Area, Dryer Included, Individual Room, Washer Included |
| Has Fireplace | No |
| Fireplace Information | None |
| Has Appliances | Yes |
| Kitchen Appliances | Dishwasher, Gas Range, Gas Water Heater, Refrigerator |
| Has Heating | Yes |
| Heating Information | Central |
| Room Information | Living Room |
| Has Cooling | Yes |
| Cooling Information | Central Air, Wall/Window Unit(s) |
| Flooring Information | Laminate, Wood |
| InteriorFeatures Information | Balcony, Copper Plumbing Full |
| EntryLocation | Street front |
| Entry Level | 1 |
| Has Spa | No |
| SpaDescription | None |
| WindowFeatures | ENERGY STAR Qualified Windows, Skylight(s) |
| SecuritySafety | Smoke Detector(s) |
EXTERIOR FEATURES
| ExteriorFeatures | Rain Gutters |
| FoundationDetails | Seismic Tie Down, Slab |
| Roof | Flat |
| Has Pool | No |
| Pool | None |
| Fencing | None, Block |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $2,559
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 12/20/2023 | Sold | $2,380,000 |
| 11/20/2023 | Pending | $2,399,000 |
| 11/15/2023 | Active | $2,399,000 |
| 10/27/2023 | Pending | $2,399,000 |
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Listing provided courtesy of John Martinez, Casa Bella Realty Group. 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.
