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714 N West Knoll, West Hollywood, California 90069, West Hollywood, 90069 - bed, bath

714 N West Knoll, West Hollywood, California 90069 home-pic-0
ACTIVE$2,500,000
714 N West Knoll, West Hollywood, California 90069
0Bed
0Bath
4,783Sqft
5,839Lot
Year Built
1963
Close
-
List price
$2.5M
Original List price
$2.5M
Price/Sqft
$523
HOA
-
Days on market
-
Sold On
-
MLS number
SR25271823
Home ConditionFair
Features
Good View:
View-

About this home

We found 3 Cons,6 Pros.

Where else would you invest but in the trendiest, most hip location of West Hollywood, sunny California! A Mid Century architectural-style, this 6 units building, a mix of 2X 2+2 and 4X 1+1, is fully occupied, income producing small complex located in WeHo’s most desirable neighborhood. Across from hi-end, posh Le Parc at Melrose Hotel, 1 block E. of La Cienega & 1 block N. of Melrose - in short, an area in high demand due to its dynamic life and great proximity to top dining venues, high energy nightlife, entertainment and upscale shopping – we’re within just a few yards of all these amazing opportunities. The property offers an incredible redevelopment potential, whether for luxury condos, high-end townhomes, or stylish apartments. You’ve got a rare chance to acquire a solid asset in one of the most sought-after locations in Los Angeles, offering the possibility for steady appreciation and exceptional opportunity to capitalize on the rental upside potential in the most popular neighborhood of West Hollywood. Our current residents tremendously enjoy being within short proximity to trendy entertainment, retail and restaurants - all located within blocks of the subject property in all directions. PLEASE, DO NOT DISTURB TENANTS. DRIVE BY ONLY.

Nearby schools

4/10
Rosewood Avenue Elementary School, School for Advanced Studies
Public,•K-6•0.2mi
9/10
West Hollywood Elementary School
Public,•K-5•0.7mi
7/10
Gardner Street Elementary School
Public,•K-6•1.8mi
3/10
Laurel Elementary School
Public,•K-8•0.9mi
8/10
Hawthorne Elementary School
Public,•K-8•1.6mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•2.4mi
7/10
John Burroughs Middle School
Public,•6-8•2.7mi
7/10
Fairfax Senior High School
Public,•9-12•0.9mi
6/10
Hollywood Senior High School
Public,•9-12•2.4mi
9/10
Beverly Hills High School
Public,•9-12•2.4mi

Price History

Date
Event
Price
12/05/25
Listing
$2,500,000
Condition Rating
Fair
The property, built in 1963, is aged but appears to be maintained for rental purposes. While some areas show basic updates like newer laminate flooring and a modern ceiling fan in one room, the kitchen is significantly outdated with old white appliances, basic cabinets, dated countertops, and linoleum flooring. No bathroom images were provided, but it's reasonable to assume they are similarly dated. The property is functional and occupied, but requires substantial cosmetic updates and appliance replacements to meet current standards, aligning with the 'Fair' condition criteria of being aged but maintained with functional yet outdated major components.
Pros & Cons

Pros

Great Schools: Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
Premier Location: Situated in West Hollywood's trendiest and most desirable neighborhood, offering unparalleled proximity to top dining, nightlife, entertainment, and upscale shopping.
Established Income Stream: A fully occupied 6-unit building (2x 2+2, 4x 1+1) provides immediate and consistent rental income for investors.
Significant Redevelopment Potential: Offers an incredible opportunity for redevelopment into luxury condos, high-end townhomes, or stylish modern apartments, maximizing future value.
Strong Appreciation & Rental Upside: Located in a highly sought-after Los Angeles market, promising steady property appreciation and substantial potential to capitalize on rental income growth.
Mid-Century Architectural Style: The property boasts a desirable Mid-Century architectural style, which can appeal to a specific market segment for both current tenants and future redevelopment.

Cons

Restricted Property Access: The 'DO NOT DISTURB TENANTS. DRIVE BY ONLY.' directive severely limits a buyer's ability to conduct thorough interior inspections and due diligence prior to an offer.
Age of Building & Potential Capital Expenditure: Built in 1963, the property is over 60 years old, suggesting potential for outdated systems and significant capital investment required for renovations or full redevelopment.
Lack of Current Unit Condition Details: The listing provides no information regarding the interior condition or recent upgrades of the individual units, creating uncertainty about immediate renovation needs or rental upside realization.

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