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$ 8,350,000
Est. payment | /mo
24,746 SqFt
$ 8,350,000
Est. payment | /mo
24,746 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 24,746 sqft
Price per Sqft $337
MLS Listing ID CL26736837
HOA Y/N No
Year Built 1963
Lot Size 0.456 Acres
Acres 0.4557
Property Sub-Type Other
Property Description
JUST REDUCED. INCREDIBLY PRICE OPPORTUNITY NEAR CENTURY CITY. We are pleased to offer for sale a rare 24-unit multi-family investment opportunity ideally located in the heart of LA's vibrant Westside.1830 Greenfield Avenue, built in 1963 and positioned along a lovely tree lined street, boasts an ideal unit mix consisting of large 1-bedroom and 2-bedroom units. Each of these units is spacious, has a terrific floor plan, and offers an abundance of natural light. The unit mix includes (11) 2-bed, 2-bath units and (13) 1-bed, 1-bath units, and there is significant rental upside in the rents. The property features an idyllic courtyard setting with a fountain, a large lobby, ample parking, and an on-site laundry facility. Owned by the same family for several decades, this trophy asset is situated in an undeniably attractive location that will surely pay long-term dividends to a savvy investor. Additionally, not figured in the number of units or income is a "25th" unit that is a large vacant space with a bathroom and kitchen (perfect ADU). Also, there is an additional approximately 1,000 SF vacant space with plumbing. In close proximity to the high-end dining and nightlife of Century City and Brentwood, this rare offering presents an astute investor with the unique opportunity to establish a significant rental footprint in West LA and to capitalize on higher market rents in one of the best rental locations in all of Los Angeles.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Building
New Construction No
Others
Tax ID 4323012039
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Listed by Jonathan Taksa • Remax Commercial and Investment Realty
Nearby Locations
9030 BRENTWOOD BLVD, BRENTWOOD, California, 94513, United States