Introducing an exceptional investment opportunity: Empire Residences, a testament to vintage architectural splendor situated in the heart of West Hollywood's prestigious Courtyard Thematic District. Built in 1928 by renowned architect William Hauptman, this historic property boasts 14 units spread across two floors, offering one Executive Studio, 9 one-bedroom and 4 one-bedroom plus den floor plans ranging from 1,000 to 1,300 square feet. Steeped in rich history, Empire Residences embodies Hauptman's homage to Japanese-style architecture, paying tribute to the Emperor of Japan with its highly stylized pagoda-like structure. Original design elements such as decorative banding, corbels, and metal cresting adorn the exterior, while peaked and undulating gables, wood window grilles, and wood-frame large picture windows with arched headers capture the essence of a bygone era. Wood balconies, panel doors with hammered doorknobs, hand-finished plaster walls, antique lanterns, and decorative Japanese metal relief insets further enhance the property's allure. Nestled amidst lush greenery, Empire Residences offers a tranquil retreat from the hustle and bustle of Los Angeles, yet remains conveniently located just moments away from the vibrant segment of the Sunset Strip. The interiors seamlessly blend historic charm with modern convenience, with many units fully updated to include their own washer/dryer, beautiful new hardwood floors, high ceilings, stainless steel appliances, and a comprehensive security system. Moreover, seize the opportunity to maximize income potential with three units currently paying significantly below market value. With secured underground parking adding to the property's appeal, investors will appreciate the potential for increased revenue streams. Notably, Empire Residences benefit from its designation as a Historical Property, qualifying for the Mills Act and offering a substantial reduction in property taxes. No ULA as well. Don't miss out on the chance to own this magnificent income property in prime West Hollywood. Embrace the prestige and profitability of Empire Residences, where timeless charm meets lucrative investment potential.
This property is $9.8M more than the Median Sold Price and $184/SqFt less than other homes in West Hollywood, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24404213
Listing Office:
Office Name: Douglas Elliman
Office Phone: (310) 595-3888
Listing Agent: Cory Weiss
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/21/2024, 7:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Aug 13, 2014
Aug 13, 2014Home Sold
$5,600,000
Oct 11, 2007
Oct 11, 2007Home Sold
$10,250,000
Apr 15, 2005
Apr 15, 2005Home Sold
$4,125,040
Nov 25, 1997
Nov 25, 1997Home Sold
$3,000,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$49,230
$3,835,000
2020
$54,186
$4,286,000
2019
$24,786
$1,773,780
2018
$24,687
$1,739,000
2017
$24,687
$1,739,000
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
West Hollywood Elementary
970 Hammond St
Distance between this listing and this school0.70 miles
Public District Grades KG-5
5
/10
Rosewood Avenue Elementary
503 N Croft Ave
Distance between this listing and this school0.86 miles
Public District Grades KG-5
4
/10
Gardner Street Elementary
7450 Hawthorn Ave
Distance between this listing and this school1.45 miles
Public District Grades PK-5
Nearby Schools
6
/10
Laurel School
925 N Hayworth Ave
Distance between this listing and this school0.84 miles
Public District Grades KG-8
8
/10
Hawthorne School
624 N Rexford Dr
Distance between this listing and this school1.86 miles
Public District Grades KG-8
8
/10
Horace Mann School
8701 Charleville Blvd
Distance between this listing and this school1.95 miles
Public District Grades KG-8
Nearby Schools
8
/10
Larchmont Charter
1265 N Fairfax Ave
Distance between this listing and this school0.82 miles
Public Charter Grades KG-12
6
/10
Fairfax High School
7850 Melrose Ave
Distance between this listing and this school1.17 miles
Public District Grades 9-12
3
/10
Whitman Continuation
7795 Rosewood Ave
Distance between this listing and this school1.29 miles
The neighbors living near this home have an average income of $64,944. Typical income of West Hollywood, CA residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1216 N La Cienega Blvd
What is the listing price of this property?
The listing price of 1216 N La Cienega Blvd property is $10,995,000.
What type of property is this?
The property 1216 N La Cienega Blvd is a house located in West Hollywood, California, 90069.
Is this property for sale now?
Active Listing: 1216 N La Cienega Blvd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $49,230 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 13, 2014 for $5,600,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1216 N La Cienega Blvd has 13 bedrooms and 14 bathrooms.
What is the square footage of this property?
The property 1216 N La Cienega Blvd is 17,282 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1216 N La Cienega Blvd is 1928.
Interested in 1216 N La Cienega Blvd? Let's connect.
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This home is located at 1216 N La Cienega Blvd in West Hollywood, CA and zip code 90069 in the Central LA neighborhood. This 17,282 square foot home, which was built in 1928, sits on a 0.35 acre lot. Features: 13 bedrooms, 14 bathrooms. It has been listed on Rocket Homes since July 20, 2024 and is currently priced at $10,995,000.
While more than 2 listings in West Hollywood, CA in October 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 21 were sold below. The inventory of homes for sale in West Hollywood, CA between September 2024 and October 2024 increased by 21.4%. The median list price of listings available in October 2024 was $1,110,555, while the average time on the real estate market was 63 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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