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$6,526,000
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Property Description
First time on the market in 47 years! Located on a charming tree lined street, steps away from Melose shops and dining. This 19 unit building consists of (15) two-bedroom units, (3) one-bedroom units, and (1) two-bedroom unique owner's penthouse unit with beautiful Hollywood Hills views. FIVE UNITS DELIVERED VACANT! Upgrade and increase rental incomes. The building is 23,611 gross square feet and sits on a 12,079-square-foot lot. Residents enjoy a 93 walk score with unparalleled access to world-class dining, retail shops, and entertainment along the renowned Melrose Ave. with Beverly Hills just minutes away. This prime location ensures excellent connectivity via La Cienega Blvd and Melrose Ave, offering both lifestyle and convenience. This offering presents a value-add investment opportunity, offering a 5.4% initial CAP rate with the potential to achieve 7.30% once units turnover. Don't miss your chance to own a piece of this thriving community where culture, And prime location create an ideal environment for residents to live, work, and play. (All Electric Building, 31 Parking Spaces, Photos reflect a sampling of all currently vacant units)
Full Property Details
Full Property Details for 626 N Flores St
General
- Sold For: $6,526,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 25-485757
- Added to Site: 365 day(s) ago
Interior
- Interior Features: Elevator
- Cooking Appliances: Cooktop - Electric, Electric
Rooms
Bathrooms
- Total Bathrooms: 36
- Bathroom Features: 2 Primary Baths
Bedrooms
- Total Bedrooms: 35
Other Rooms
- Laundry: Community, Room
Additional Information
- Shared Amenities: Elevator, Gated Community
- Pool Description: None
- Spa Description: None
- Security/Safety: Gated, Automatic Gate, Community, Fire and Smoke Detection System
- Other Features: None
Parking
- Garage: Yes
- Garage Spaces: 27
- Covered Spaces: 29
- Garage Description: Auto Driveway Gate, Community Garage, Tandem, Subterranean
Location
- Area: West Hollywood Vicinity
- County: Los Angeles
- Driving Directions: South of Melrose Ave. / East of La Cienega Blvd.
- Direction Faces: West
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: Radiant
Utilities
- Sewer: In Street
Structural Information
- # Buildings: 1
- Architectural Style: Contemporary
- Common Walls: Attached
- Stories/Levels: 3
- Square Feet: 23,611
- Sq. Ft. Source: Assessor
- Year Built: 1964
- Year Built Source: Assessor
Unit Information
- Units in Complex: 19
- Unit Type: 2106, 2107
Unit 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Property View: City Lights, Hills
- Lot Size (Acres): 0.2773
- Lot Size: 12079
- Lot Size Source: Assessor
- Lot Features: City
- Zoning: WDR3C*
- Lot Description: Gated Community
Financial Considerations
- Price Per Sq. Ft.: $275.3
- Assessment Year: 1964
- Tenant Pays: Electricity, Cable TV
Disclosures and Reports
- Disclosures/Reports: None
- APN: 5528-015-035
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Schools
Schools serving 626 N Flores St
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Rosewood Avenue Elementary School 503 Croft Avenue, West Hollywood, CA 90048 | K-5 | 0.3 mi |
Hubert Howe Bancroft Middle School 929 North Las Palmas Avenue, Los Angeles, CA 90038 | 6-8 | 2 mi |
Fairfax Senior High School 7850 Melrose Avenue, Los Angeles, CA 90046 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 626 N Flores St
Date
Details
Price
Change
Source
3/18/2025
Sold
$6,526,000
0.4%
MLS
1/20/2025
Listed
$6,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
626 N Flores St, West Hollywood, CA 90048 (MLS# 25-485757) is a Multi-Family property that was sold at $6,526,000 on March 18, 2025. This property was listed by Danny Mahelka from our Beverly Hills Office.Want to learn more about 626 N Flores St? Do you have questions about finding other Multi-Family real estate for sale in West Hollywood? You can browse all West Hollywood real estate or contact a Coldwell Banker agent to request more information.



