6501 W Flamingo Dr , Los Angeles, CA 90038
$6,500,000
Est. Payment: $34,160.30/mo
15 Bed
15 Bath
8999 Sqft
0.15 Acres
Status: active | Days on site: 8
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CLW-X70275 - CLW-X44971
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House Description

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.

Highlights

Listed by Allen Roth , 310-387-7087 Sotheby's International Realty , 310-724-7000. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.15

Year Built

2019

County

Los Angeles

Area

C20 - Hollywood

Listing ID

26873909

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:15
  • ▪ Bathrooms:15
Appliances:Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, Oven, Refrigerator, Dryer, Washer
Air Cond:Central Air
Fireplaces:
Floor:Tile,Wood
Other:
  • ▪ Additional:High Ceilings, Multiple Staircases, Recessed Lighting, Storage, Walk-In Closet(s)
Water:Public

Exterior Features

Lot:No Land Lease
Garage Capacity:10
Zoning:LAR3
Others:
  • ▪ Additional:Synthetic Stucco, 2+ Total Units
Sewer:Other
Parking Features:Controlled Entrance,Covered,Door-Multi,Direct Access,Garage,Garage Door Opener,Private,Side By Side
Principal Interest
$34,160
Taxes
$4,144

Home Price

$6,500,000

Loan Details

30 yrs
6.875%

Down Payment

20%
$1,300,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$34,160.30

Principal

Taxes

Principal Taxes HOA Total
Monthly $34,160.30 $4,143.75 $0.00 $38,304.05
Yearly $409,923.58 $49,725.00 $0.00 $459,648.58
Total $12,297,707.39 $1,491,750.00 $0.00 $13,789,457.39

Today's Rates

30 Year

6.88%

20 Year

6.86%

15 Year

6.33%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. 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, 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-06T23:30:37.000Z

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