Timeless Duplex with Exceptional Investment Appeal

$1,195,000
  • 2 Rooms
  • 2 Bathrooms
  • ~163 m² Total surface
  • ~163 m² Living area

Description

1113 Poinsettia Drive presents a rare opportunity to acquire a West Hollywood duplex in one of Los Angeles' most sought-after multifamily markets. Offered for the first time in over 36 years, this two-unit income property features one-bedroom, one-bath units with spacious layouts, full kitchens, and in-unit laundry.This duplex is ready to be remodeled, and the price reflects that, creating a compelling entry point for investors seeking a value-add opportunity. With targeted improvements and upgrades, rental income can be significantly increased, positioning the property for strong long-term returns. The lower unit will be delivered vacant, offering immediate flexibility for an owner-user or investor, while the upper unit provides stable income. Situated on a 5,800+ square foot lot and zoned WDR1B, the property offers long-term upside in a high-demand rental market. Located moments from Melrose Avenue, Santa Monica Boulevard, and the West Hollywood Design District, this is a high-demand, highly walkable location with consistent tenant appeal.A compelling opportunity for buyers seeking a West Hollywood income property, duplex investment, or value-add multifamily asset in a supply-constrained​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​‌​​‌‌​​​‌​‌​​​‌‌​ market.
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Engel & Völkers

Your advisor: Josh Canova

Property ID: AM-5511266

Property details
  • Property type

    Other

  • Rooms

    2

  • Bathrooms

    2

  • Number of Floors

    2

  • Total surface

    ~163 m²

  • Living area

    ~163 m²

  • Flooring

    Carpet

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