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Los Angeles, CA 90046 1633 N Laurel Avenue

$10,900,000

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Presented By: Damien Breaux with Morgan Skenderian; db@morganskenderian.com
  • MLS# PW24067711
  • 04/11/2024
  • Request Tour
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  • BedBeds • 42
  • BathBaths • 4
  • FootageSQFT • 29,283

Home Details

Pleased to present the Laurelwood Apartments, a 30-unit apartment building located at 1633 North Laurel Avenue, in the Hollywood Hills West neighborhood of L.A. This pride-of-ownership property offers an exceptional living experience with its mix of 1, 2, and 3 bedroom units, and amenities including keyed access to property grounds, an on-site laundry facility, carport parking, and a landscaped courtyard with patio seating. Lovingly maintained by the same family for more than 60 years, the Laurelwood Apartments offer an opportunity to acquire an asset with substantial Capital Expenditure improvements already completed. Situated in a vibrant neighborhood, residents enjoy easy access to some of LA’s most iconic destinations, as well as abundant dining and retail options nearby.
Presented By: Damien Breaux with Morgan Skenderian; db@morganskenderian.com

Interior Features for 1633 N Laurel Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Street SuffixAvenue
Total Stories2

Other Rooms

Entry Level1

General for 1633 N Laurel Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.1
Carport Spaces30.0
Carport Y/NYes
CityLos Angeles
Community FeaturesCurbs, Gutters, Sidewalks
CountyLos Angeles
Days on Market
DirectionsNorth of Sunset Blvd and west of Fairfax Ave
Electric Expense14669.0
Entry Location1
Fuel Expense14669.0
Garage Spaces0.0
Garage Y/NNo
Gross Income7864.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense20498.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsItem1031Exchange
Lot Size Square Feet32692.0
MLS AreaC03 - Sunset Strip - Hollywood Hills West
MaintenanceExpense37699.0
MobileHomeRemainsYNNo
Net Operating Income441417.0
New ConstructionNo
Open Parking Spaces0.0
Operating Expense297587.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameLaurel
Tax Annual Amount127009.0
Tax Lot8
Taxes$127,009
Total Units30
Trash Expense14669.0
View Y/NNo
Water Sewer Expense14669.0
Waterfront Y/NNo
Year Built1953
Year Built SourceAssessor
ZoningLAR3

Exterior for 1633 N Laurel Avenue

Building Area Total29283.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.7505
Lot Size Area32692.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters31
Number of Separate Gas Meters31
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesAssigned
SpaNo
Total Parking30.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $10,900,000
MLS#PW24067711
List Date 04/11/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors