Price Reduced Listing
1029 N Orange Grove,West Hollywood, CA 90046
West Hollywood, CA 90046
Description
Prime West Hollywood triplex featuring three units across two separate buildings, offering immediate income and compelling long-term potential. The property presents an excellent opportunity for investors, multigenerational ownership, or a future owner-user seeking to occupy one residence while generating income from the others, subject to existing tenancies and applicable regulations. Outdoor areas include a spacious shared courtyard and covered patio, while garages-currently rented separately from the residential units-provide additional income. Photos taken from the garage rooftop illustrate the potential west-to-east outlook, including views toward the Hollywood Sign that may be achievable with future three-story development. According to preliminary information from the City of West Hollywood, the site may offer potential for up to five approximately 1,500-square-foot units, plus two additional affordable units, subject to zoning, density-bonus requirements, design review, tenant protections and all governmental approvals. Buyers should independently verify all development possibilities. Ideally located in the heart of West Hollywood, just moments from celebrated restaurants, shopping, nightlife, entertainment and everyday conveniences. A rare opportunity to acquire an income-producing property with additional garage revenue and significant future upside in one of Los Angeles' most desirable rental markets.
Details
| MLS # | SR26161664 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1930 |
| Days On Site | 95 |
| Listing Provided By | Century 21 Hollywood | Edward Frish |
Features
| SQ Feet | 2,622 |
|---|---|
| Garage | 2 |
| Story(s) | 1 |
| Units | 3 |
| Building(s) | 3 |
| Zoning | WDR3C* |
| Acreage | 0.15 |
Interior
| Heating | Central |
|---|---|
| Heating Yes / No | Yes |
Exterior
| Lot Features | Zero To One Unit Acre, Back Yard, Near Public Transit |
|---|
Parking
| Parking Features | Driveway, Garage, Garage Faces Side |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Curbs, Hiking, Street Lights, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | West Hollywood |
| Zip Code | 90046 |
| Area | C10 West Hollywood Vicinity |
| Listing VS Median (in 90046) | |
Price: $1,679,900 low | high Med: $637,000 sqft: 2,622 low | high Med: 1,319 $ / sqft: $641 low | high Med: $487 On site: 95 low | high Med: 101.5 | |
Market Activity 90046
Request a showing
Request a showing
Contact
Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | West Hollywood |
| Zip Code | 90046 |
| Area | C10 West Hollywood Vicinity |
| Listing VS Median (in 90046) | |
Price: $1,679,900 low | high Med: $637,000 sqft: 2,622 low | high Med: 1,319 $ / sqft: $641 low | high Med: $487 On site: 95 low | high Med: 101.5 | |
