CA > Los Angeles
Los Angeles, CA 90046,7215 Willoughby Ave
Los Angeles, CA 90046,7215 Willoughby Ave
Los Angeles, CA 90046,7215 Willoughby Ave
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Kirshner Elkin Properties

Kirshner Elkin Properties

+1(424) 214-0133
$4,000,000
Est. payment /mo
16 Beds
16 Baths
11,933 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,933 sqft

Price per Sqft $335

MLS Listing ID 25528193

Style Spanish

Bedrooms 16

Construction Status Updated/Remodeled, Repair Cosmetic, Repairs Major

Year Built 1930

Lot Size 8,322 Sqft

Acres 0.191

Property Sub-Type Multi-Family

Property Description

First time on the market in over 50 years, 7215 Willoughby Avenue is a rare 16-unit Art Deco multifamily asset located just steps from West Hollywood, near Melrose and La Brea - one of L.A.'s most walkable and high-demand rental corridors. This well-maintained 1930s building offers a desirable mix of studio and one-bedroom units that consistently attract tenants seeking location, affordability, and charm, resulting in historically low vacancy rates. Governed by the City of Los Angeles' more flexible rent control regulations, the property allows for annual CPI-based rent increases and fewer restrictions on owner move-ins and capital passthroughs - offering greater income potential compared to neighboring West Hollywood. Recent capital improvements, including seismic upgrades, dual-pane windows, system-wide enhancements, and a brand-new roof (2024), minimize future maintenance costs and support long-term operational stability. With close proximity to Hollywood, Beverly Hills, Century City, and DTLA, 7215 Willoughby presents an exceptional value-add opportunity with steady cash flow and long-term growth potential in a supply-constrained submarket.

Location

State CA

County Los Angeles

Area West Hollywood Vicinity

Zoning LAR3

Rooms

Other Rooms None

Dining Room 0

Kitchen Tile Counters, Counter Top, Ceramic Counters

Interior

Heating Central

Cooling Central

Fireplaces Type Fire Pit

Equipment Other

Laundry Community

Exterior

Parking Features On street

Pool None

View Y/N Yes

View Walk Street

Building

Lot Description Landscaped, Lawn, Resident Manager, Sidewalks

Story 2

Architectural Style Spanish

Level or Stories Two

Construction Status Updated/Remodeled, Repair Cosmetic, Repairs Major

Others

Special Listing Condition Standard

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TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

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.

Listed by Tony Azzi

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+1(424) 214-0133

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