Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1266 N Flores St West Hollywood, CA 90069
    Property profile & analytics

    1266 N Flores St, West Hollywood, CA 90069

    View on Map
    • Apartment buildings
    • 4,830 SF
    • 0.17 lot acres
    For Sale
    $2,100,000
    View Listing →
    West Hollywood Multifamily Investment Opportunity For Sale
    $2,100,000

    West Hollywood Multifamily Investment Opportunity

    Charming five-unit property in the heart of West Hollywood.

    1266 N Flores Street, West Hollywood, CA 90069
    View Listing
    Property ID
    US09-9910745
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 1266 N Flores St

    Year built
    1954
    Construction
    WOOD
    Lot size
    0.17 lot acres
    Zone code
    WDR4*
    Property type
    Apartment buildings
    APN
    5554-022-003
    APU
    5554022003

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 26, 2024 — John Carrafa Edward James Berghino Affidavit Death Of Trustee/successor Trustee —
    Jul 12, 2024 — Edward James Berghino Edward James Berghino Intrafamily Transfer · related —
    Jan 3, 2001 — Edward G Berghino Berghino E G Trustee, Quit Claim Deed · related —
    — — Berghino Trust — Deed Of Trust · related $9k · Us Small Business Admn
    — — Berghino Trust — Deed Of Trust · related $88k · Us Small Business Admn

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    West Hollywood
    County
    Los Angeles
    State
    California
    Longitude
    -118.371
    Latitude
    34.0936
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $3,941
    $118,951
    $67,274
    $186,225
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      7,040 SF

      1116 Olive Dr

      APARTMENT HOUSE (5+ UNITS)
      1116 Olive Dr, West Hollywood, CA 90069-2736
      View Details
    • Value Estimation
      $740,000
      37,193 SF

      1200 Olive Dr

      APARTMENT HOUSE (5+ UNITS)
      1200 Olive Dr, West Hollywood, CA 90069-2757
      View Details
    • Value Estimation
      $600,000
      22,452 SF

      642 Knl Dr

      APARTMENT HOUSE (5+ UNITS)
      642 Knl Dr, West Hollywood, CA 90069-5229
      View Details
    • Value Estimation
      $1,675,000
      98,190 SF

      930 Palm Ave

      APARTMENT HOUSE (5+ UNITS)
      930 Palm Ave, West Hollywood, CA 90069-4066
      View Details
    • Value Estimation by Request
      5,171 SF

      1031 Croft Ave

      APARTMENT HOUSE (5+ UNITS)
      1031 Croft Ave, Los Angeles, CA 90069-4252
      View Details
    • Value Estimation by Request
      7,888 SF

      1001 Croft Ave

      APARTMENT HOUSE (5+ UNITS)
      1001 Croft Ave, Los Angeles, CA 90069-4280
      View Details

    Similar Nearby for Sale

    • $2,650,000

      West Hollywood Multifamily Investment Opportunity

      Nine-unit apartment building in West Hollywood's Norma Triangle.
      937 Hilldale Ave, West Hollywood, CA 90069
      View Details
    • $9,450,000
      23,675 SF

      West Hollywood Multifamily Investment Opportunity

      Prime West Hollywood multifamily property with condominium conversion potential.
      8815 Cynthia St, West Hollywood, CA 90069
      View Details
    • Contact for pricing

      West Hollywood Multifamily Investment Opportunity

      Charming five-unit property in the heart of West Hollywood.
      1266 N Flores St, West Hollywood, CA 90069
      View Details
    • $3,550,000
      4,928 SF

      West Hollywood Four-Unit Townhouse Property

      Four meticulously maintained townhomes in a prime West Hollywood location.
      837 Westmount Dr, West Hollywood, CA 90069
      View Details
    • $24,995,000
      18,563 SF

      Melrose Avenue Mixed-Use Opportunity

      Mixed-use retail and office building near Melrose Place.
      8360 Melrose Ave, Los Angeles, CA 90069
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Spaces on Sunset Blvd

      Retail spaces available, ranging from 1,874 to 4,023 SqFt.
      8700 Sunset Blvd, West Hollywood, CA 90069
      View Details
    • Contact for pricing

      Sunset Boulevard Retail/Wellness Space

      Versatile space on Sunset Blvd, ideal for retail or wellness.
      8570-8590 W Sunset Blvd, West Hollywood, CA 90069
      View Details
    • Contact for pricing
      25,000 SF

      West Hollywood Office Space Available

      25,000 square foot office space for rent.
      9000 Sunset Blvd, West Hollywood, CA 90069
      View Details
    • Contact for pricing

      Retail Space on Santa Monica

      Single tenant retail space available for rent.
      8801 Santa Monica Blvd, West Hollywood, CA 90069
      View Details
    • $18,000 /Mo

      Liquor-Grandfathered Restaurant

      Liquor grandfathering and an indoor/outdoor patio setup support full-service restaurant operations.
      747 N La Cienega Blvd, Los Angeles, CA 90069
      View Details
    • Contact for pricing
      15,569 SF

      Retail Space on Sunset Boulevard

      Retail space available for lease on Sunset Boulevard.
      8305 Sunset Blvd, Los Angeles, CA 90069
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1266 N Flores St
    West Hollywood, CA 90069
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1266 N Flores St, West Hollywood, CA, 90069
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!