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Property view

1424 N Poinsettia Place, 
Los Angeles, CA 90046

$6,000,000


36

Beds


36

Baths


22,251

Sq Ft


Multi-Family

Sold

Listed by

Adam Zunder

Bought with Iconic Investments

Iconic Investments

747-444-3300

MLS#

23323887

Source:

CRMLS

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About This Home

1424 N Poinsettia Place

We are pleased to present the opportunity to acquire a value-add multifamily property located in the West Hollywood/Hollywood submarket of Los Angeles. This charming property is located at 1424 N. Poinsettia Place and is comprised of 24 units across +/- 22,251 square feet of improvements and +/- 12,632 square feet of land. The Poinsettia Place Apartments is conveniently located on Poinsettia Place, just south of Sunset Blvd., between La Brea Ave. and Martel Ave., north of Fountain Ave. Built in 1965, the property is made up of 12 One-Bedroom / One-Bath units, and 12 Two-Bedroom / Two-Bath units. The quiet and picturesque street makes the building highly desirable to potential tenants. The building is individually metered for electricity and master metered for water and gas for the central water heater. Ample 40 space covered parking is accessed via gated entry. Great location in Los Angeles borders West Hollywood. Tenants can easily enjoy all of the work, dining, and entertainment opportunities nearby. The new ownership can renovate, remodel and reposition units as the units turn capturing a higher-income tenant base and top-of-market rents. The surrounding area has gentrified with a number of nearby hotel renovations and development projects completed. Please contact agents for full offering memorandum.

Home Facts

Multi-Family

36 Baths

36 Bedrooms

Built in 1965

Price Summary

7,300,000

$328 per Sq. Ft.

MLS #:

23323887

Sold:

December 1, 2023


Rooms & Interior

Bedrooms

Total Bedrooms:

36

Bathrooms

Total Bathrooms:

36

Interior

Living Area:

22,251 Sq. Ft.


Structure

Structure

Year Built:

1965


Lot

Lot Size (Sq. Ft):

12,501


Finances & Disclosures

Finances

Price:

$7,300,000

Price per Sq. Ft:

$328 per Sq. Ft.

Source:CRMLS
Based on information from California Regional Multiple Listing Service, Inc. as of September 30, 2026 . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.