7511 Hampton Avenue, West Hollywood, California 90046, West Hollywood, 90046 - 4 bed, 2 bath
ACTIVE$2,100,000
7511 Hampton Avenue, West Hollywood, California 90046
4Beds
2Baths
1,538Sqft
5,719Lot
Year Built
1916
Close
-
List price
$2.1M
Original List price
$2.1M
Price/Sqft
$1,365
HOA
-
Days on market
-
Sold On
-
MLS number
SR25200434
Home ConditionTear down
Features
ViewNeighborhood
About this home
Possibly Over-Priced:The estimated price is 8% below the list price. We found 3 Cons,5 Pros. Rank: price - $2.10M(44th), sqft - 1538(24th), beds - 4(67th), baths - 2(37th).
***FIXER | TEAR-DOWN OPPORTUNITY*** Attention contractors and developers! Rare chance to build in a prime West Hollywood neighborhood.This single-story residence offers 1,538+ sq. ft. of living space, featuring 4 bedrooms and 3 baths, on a 5,719 sq. ft. lot. Zoned WDR2 (typically allowing up to 3 units per lot), the property presents an excellent development opportunity for a savvy investor. Located in one of West Hollywood’s most desirable areas. Seller may consider a 1031 exchange at no cost to Buyer. No sign on property.
Price History
Date
Event
Price
09/05/25
Listing
$2,100,000
Condition Rating
Tear down
The MLS description explicitly labels this a 'FIXER | TEAR-DOWN OPPORTUNITY' for contractors and developers, indicating the property's value is in the land for redevelopment. Built in 1916, the house is over 100 years old with no evidence of major renovations in the past 50 years. The kitchen features extremely dated cabinets, worn linoleum flooring, basic appliances, and an old light fixture. Other rooms show worn carpet and the presence of a window AC unit suggests a lack of central cooling. The exterior exhibits peeling paint and an unkempt yard, all pointing to a structure beyond economical repair and suitable for demolition.
Pros & Cons
Pros
Prime West Hollywood Location: The property is situated in a highly desirable West Hollywood neighborhood, offering strong appreciation potential and appeal for future residents or tenants.
Significant Development Potential: Zoned WDR2, the property allows for the construction of up to three units, presenting an excellent opportunity for multi-unit development in a high-demand area.
Targeted for Developers/Investors: Explicitly marketed as a 'fixer | tear-down opportunity' for contractors and developers, indicating its highest and best use is for new construction.
Generous Lot Size: The 5,719 sq. ft. lot provides ample space for a substantial new construction project or multi-unit development, which is valuable in a dense urban market.
1031 Exchange Option: The seller's willingness to consider a 1031 exchange at no cost to the buyer offers a valuable tax deferral benefit for eligible investors.
Cons
Current Condition (Fixer/Tear-down): The property is explicitly described as a 'fixer | tear-down opportunity,' meaning the existing structure has little to no value and requires significant investment for demolition or extensive renovation.
Age of Structure: Built in 1916, the existing residence is over a century old, necessitating complete renovation or demolition, which adds to project costs and complexity.
High Initial Investment: The $2.1 million list price represents an investment primarily in land and development rights, requiring substantial additional capital for construction, making it unsuitable for buyers seeking a move-in ready home.