For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $1,798,536
Property Type Other Types
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR26146922
Sold Date 08/20/26
HOA Y/N No
Year Built 1966
Lot Size 6,172 Sqft
Property Sub-Type Apartment
Property Description
Prime West Los Angeles 5-unit multifamily investment opportunity offered at $1,890,000. Located in the desirable 90025 submarket, this fully occupied property features an attractive unit mix consisting of one 1-bedroom/1-bathroom unit, three spacious 2-bedroom/2-bathroom units with private balconies, and a rare downstairs 3-bedroom/2.5-bathroom unit with access to a backyard patio. The property offers 9 on-site parking spaces and meaningful rental upside driven by long-term tenancy and below-market in-place rents. Current operations generate an approximately 4.4% cap rate, with pro forma operations supporting an approximately 6.5% cap rate and 9.6 GRM based on stated assumptions. The mandatory soft-story seismic retrofit has been completed and city-approved. Ideally located near Sawtelle Japantown, UCLA, Westwood, Century City, Santa Monica, and major Westside employment centers, with convenient access to the I-405 and I-10 freeways. Potential ADU and longer-term redevelopment opportunities may exist; Buyer to independently investigate and verify all development potential and governmental requirements. Property is fully occupied. Please do not disturb tenants. Offering Memorandum and additional property information available through the Listing Agent.
Location
State CA
County Los Angeles
Area Wla - West Los Angeles
Zoning LAR3
Interior
Interior Features Balcony
Heating Electric
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Common Area
Exterior
Parking Features Assigned, Covered, Uncovered
Carport Spaces 4
Fence Block, Wood
Pool None
Community Features Curbs, Sidewalks
Roof Type Flat
Total Parking Spaces 9
Private Pool No
Building
Lot Description Back Yard, Near Public Transit
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4323023035
Energy Description 1847.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

Bought with Natalya Shcherbatyuk Champion Realty
GET MORE INFORMATION



