The Laurel  |  West Hollywood

A Rare Turnkey 22-Unit Luxury Apartment in West Hollywood

We are pleased to present the opportunity to acquire 1267 N Laurel Ave, a rare trophy turnkey 22-unit luxury apartment building that will be delivered 86% vacant (19 of 22 units vacant), providing an exceptionally rare opportunity for investors to acquire a renovated asset with immediate operational flexibility in one of Southern California’s most supply-constrained rental markets.

Opportunities to purchase a substantially vacant multifamily property in West Hollywood are extraordinarily scarce, particularly one that has already undergone extensive renovations.

In addition to the interior renovations, the property features resort-style amenities, including a newly constructed swimming pool/jacuzzi, outdoor fire pit, outdoor cabanas, and thoughtfully designed common areas that create an elevated residential environment tailored to West Hollywood’s luxury rental market.

22

units

18,252 SF

building size

86%

vacant

15,082 SF

lot size

interior layout

shared amenities

WEST HOLLYWOOD — ONE OF SOCAL’S MOST DESIRABLE NEIGHBORHOODS

Located in one of Southern California’s most vibrant and desirable neighborhoods, West Hollywood offers residents a dynamic blend of luxury living, world-class dining, nightlife, and walkability.

Just minutes from the iconic Sunset Strip, residents enjoy access to renowned entertainment venues, boutique shopping, fitness studios, and cultural attractions.

The property is surrounded by some of the city’s most sought-after dining and hospitality destinations, including Laurel Hardware, Ggiata Delicatessen, Employees Only, and La Bohème, among many others. This premier location consistently attracts high-income professionals, entertainment industry executives, entrepreneurs, and international residents, making West Hollywood one of the most resilient and desirable rental markets in the Los Angeles region.

DUE DILIGENCE

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Owner Profile

Industrial Real Estate Focused on Location, Functionality,​ and Flexibility.

306

Buildings

19M

Square Feet

47

Improved Land Parcels

688

Customers

Terreno Realty acquires, owns and operates industrial real estate​ in six major coastal U.S. markets.

These properties may be warehouse/distribution, flex (including light industrial and R&D), transshipment (truck terminals) or improved land parcels.