6501 W Flamingo Drive, Los Angeles, CA, 90038

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$6,500,000
4 Days On Site

6501 W Flamingo Drive
Los Angeles, CA 90038

For Sale|Residential Income|Active
15
Beds
20
Total Baths
8,999
SqFt
$722
/SqFt
2019
Built
County:
Los Angeles
Listed by Allen Roth of Sotheby's International Realty hello@allenroth.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
6501 W Flamingo Drive6501 W Flamingo Drive6501 W Flamingo Drive6501 W Flamingo Drive
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The Flamingo Collection presents a rare opportunity to acquire a boutique portfolio of five free-standing contemporary Single-Family Homes in the heart of Los Angeles' Hollywood Media District. Built in 2019 and individually parceled with five separate APNs, each 3-bedroom, 3.5-bath residence offers approximately 1,754 - 1,822 square feet of sophisticated living space with white oak hardwood floors, custom cabinetry and closets, stainless steel appliances, in-home laundry, central HVAC, private 2-car garage and rooftop deck. Four residences are currently occupied, while one has been intentionally held vacant to preserve flexibility during the sale process. At the Buyer's election, Seller can deliver the fifth residence occupied at $6,500 per month, resulting in a fully occupied portfolio generating $384,000 in annual rental income. Alternatively, Seller can deliver all five residences 100% vacant at close of escrow, allowing an incoming Buyer to immediately implement its preferred investment strategy. Built in 2019, the homes are exempt from the City of Los Angeles Rent Stabilization Ordinance (RSO), providing additional flexibility for future rental operations. Five individual APNs further create multiple potential investment and exit strategies, including traditional long-term leasing, corporate/executive housing, furnished rentals, individual home sales, or a combination of approaches. With the ability to acquire the portfolio fully occupied with immediate income, newer construction, RSO-exempt status and multiple future exit strategies, The Flamingo Collection is particularly well suited for a 1031 Exchange buyer seeking a high-quality replacement asset with immediate income and long-term flexibility. Attractive Seller financing available. Sale includes the following APN's: 5533-022-045, 046, 047, 048, 049.

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Listing Snapshot
Price 
$6,500,000
Days On Site 
4 Days
Bedrooms 
15
Inside Area (SqFt) 
8,999 sqft
Total Baths 
20
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1507 Acres
Year Built 
2019
MLS® Number 
26873909
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Appraiser
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS®
4 days agoListing first seen on site
General Features
Acres 
0.1507
Attached Garage 
Yes
Foundation 
Slab
Garage 
Yes
Garage Spaces 
10
Levels 
Three Or MoreMulti/Split
Number Of Stories 
3
Parking 
AttachedCoveredDirect AccessGarageGarage Door OpenerPrivateSide By Side
Parking Spaces 
10
Property Condition 
New Construction
Security 
Fire Sprinkler SystemSecurity GateGated CommunityKey Card Entry
Sewer 
Other
Special Circumstances 
Standard
SqFt Total 
8999
Style 
Contemporary
Water Source 
Public
Zoning 
LAR3
Interior Features
Appliances 
DishwasherGas CooktopDisposalGas OvenMicrowaveOvenRefrigeratorDryerWasherWasher/Dryer Stacked
Cooling 
Central Air
Fireplace Features 
None
Flooring 
TileWood
Heating 
CentralZoned
Interior 
High CeilingsRecessed LightingStorageWalk-In Closet(s)
Laundry Features 
Inside
Window Features 
Double Pane Windows
Bathroom 
Features - Tile Counters
Kitchen 
Features - Kitchen Island, Stone Counters
Living Room 
Other 
Features - Walk-In Closet(s)
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Exterior Features
Construction Details 
Synthetic Stucco
Patio And Porch 
DeckPatio
Pool Features 
None
Spa Features 
None
View 
City LightsHills
Waterview 
City LightsHills
Windows/Doors 
Double Pane Windows
Community Features
Community Features 
Gated
MLS Area 
C20 - Hollywood


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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