N Flores Street

West Hollywood | California

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Marcus & Millichap – Encino

Presented At

$2,495,000

Bedrooms

Living

7,087

SQFT

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553

N Flores Street

West Hollywood | California

553 N Flores Street, West Hollywood, California, United States. , West Hollywood , California

Residential Income in West Hollywood

553 Flores Ave is a rare investment opportunity in the heart of West Hollywood, offering a strong unit mix and stable income in a high-demand rental market. The property includes one 1+1, one 2+2, one 3+3, two 3+2s, and a newly built 2+2 ADU appealing to a wide range of tenants and supporting long-term retention. Three units have been extensively renovated to achieve market rents and now feature in-unit laundry, while the ADU is newly leased at market rate. With a 5.64% CAP rate and a location in a supply-constrained submarket, this asset offers both immediate cash flow and long-term [hidden information] in a prime West Hollywood location with a Walk Score of 93, residents enjoy unmatched access to The Grove, Melrose Avenue, top dining spots like Catch LA, and the Beverly Hills 'Golden Triangle.'

Property

3D Street View Tour

Property Location

553 N Flores Street, West Hollywood, California, United States., West Hollywood California

Local Weather & Climate

West Hollywood, California

Current Conditions Updated recently

71 °F

Clear sky

Feels Like 70°F

Humidity 29%

Wind 8 mph

Visibility 6.2 mi

Sunrise 2:47 PM

Sunset 1:27 AM

5-Day Forecast

Thu 5 Feb

Clear

High 73°

Low 71°

Fri 6 Feb

Clouds

High 72°

Low 61°

Sat 7 Feb

Clouds

High 70°

Low 59°

Sun 8 Feb

Clear

High 77°

Low 61°

Mon 9 Feb

Clear

High 74°

Low 63°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around West Hollywood?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

Down Payment

$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

Potential Tax Benefits (United States)

$0 Est. First Year Interest Deduction

$0 Est. Annual Tax Savings

*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

Tax Information Disclaimer

The tax benefit information displayed on this page is provided for general informational and educational purposes only. This information:

Does not constitute tax advice and should not be relied upon as such. Tax laws are complex and vary by jurisdiction, individual circumstances, and are subject to change without notice.
May not be current or accurate for your specific situation. Tax rules are updated frequently by governments, and the information shown may not reflect the most recent changes.
Uses simplified assumptions that may not apply to your circumstances, including filing status, total income, other deductions, alternative minimum tax considerations, and local tax variations.
Should not be used as the basis for any tax planning decisions or financial strategies without consulting a qualified tax professional licensed in your jurisdiction.

Before making any decisions based on potential tax benefits, you should consult with a qualified tax advisor, certified public accountant (CPA), or licensed tax professional who can evaluate your specific circumstances and provide advice tailored to your situation.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does 553 N Flores Street, West Hollywood, California, United States have?

This other at 553 N Flores Street, West Hollywood, California, United States features 14 bedrooms with 7,087 square feet of living space.

What is the size of 553 N Flores Street, West Hollywood, California, United States?

This property offers 7,087 square feet of living space.

What is the listing price for 553 N Flores Street, West Hollywood, California, United States?

This property is listed at $249,500,000, which equals $35205 per square foot.

What type of property is 553 N Flores Street, West Hollywood, California, United States?

This is a other located in West Hollywood, California. The property is situated in an established neighborhood with convenient access to local amenities and services.