Jonathan Taksa, Listing Office: Remax Commercial and Investment Realty
#25485757·
Listing Office: Coldwell Banker Realty·
Listing Agent: Danny Mahelka·
Listing Office Phone: 310-777-6200
626 N Flores St West Hollywood, CA 90048
$6,500,000 List price
35 beds
36 baths
23,611 sqft
0.3 acres
$275 / sqft
House
Property details
About 626 N Flores St
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)
Highlights
Home typeOther
HeatingRadiant
StatusActive
Size23,611 sqft
Lot size0.2773 Acres
Year built1964
ParkingUnderground, Electric Gate, Garage, Community Structure, Tandem
MLS #25485757
Garage27 spaces
ViewCity Lights, Hills
Summary
- MLS Number: 25485757
- MLS Name: CRMLS
- Office Name: Coldwell Banker Realty
- Office Phone: (310) 777-6200
- Listing Agent: Danny Mahelka
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/22/2025, 5:15:03 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$6,500,000
626 N Flores St
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Price information
Property sales
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Tax history
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Nearby schools
5
Rosewood Avenue Elementary
Public District KG-5
0.2 mi
•503 N Croft Ave
9
West Hollywood Elementary
Public District KG-5
1.0 mi
•970 Hammond St
8
Hancock Park Elementary
Public District KG-5
1.1 mi
•408 S Fairfax Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $68,218. The majority of West Hollywood, CA residents have income between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
29%
<35k
45%
35k-100k
24%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
81%
Single, No Kids
3%
Single, with Kids
12%
Married, No Kids
4%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
4%
<11 yrs old
2%
12-17 yrs old
39%
18-34 yrs old
42%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Art Museums
Music Concerts
Major League Soccer (MLS)
Where do the neighbors shop?
Bloomingdales
H&M
Banana Republic
Where do the neighbors go to eat?
Starbucks
Chipotle
Jack In The Box
What do the neighbors drive?
Audi
Volkswagen
Toyota
What do the neighbors listen to?
News
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 626 N Flores St
This home is located at 626 N Flores St in West Hollywood, CA and zip code 90048 in the Central LA neighborhood. This 23,611 square foot home, which was built in 1964, sits on a 0.28 acre lot. Features: 35 bedrooms, 36 bathrooms. It has been listed on Rocket Homes since January 21, 2025 and is currently priced at $6,500,000.
West Hollywood, CA housing market in December 2024 saw over 3 listings sold above listed price, more than 5 sold at listed price and over 20 sold below. The number of listings in West Hollywood, CA increased by 3.2% between November and December 2024. While the average time on the market in December 2024 was 56 days, the median list price was $1,089,166.
From Rocket Homes Real Estate and based on county public records data.