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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$6,380,000

Est. payment - /mo

16 Beds

16 Baths

11,981 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 11,981 sqft

Price per Sqft $532

MLS Listing ID 25564751

Bedrooms 16

HOA Y/N No

Lot Size 6,756 Sqft

Property Description

Discover an unparalleled investment opportunity in this contemporary 8-unit apartment complex in prime sought-after Westwood location, offered for the first time on the market since its acquisition as a new construction, nestled on a beautiful, tree-lined street directly adjacent to high-end single-family home district, boasting an exceptionally walkable neighborhood. Each residence features one of three thoughtfully designed two-bedroom and two-bath (2+2) configurations, bright and open floorplans, where most unit's bedrooms feature en suite bathroom, each equipped with washer and dryer, central heating and air conditioning, and the peace of mind of a fully sprinklered building. This varied product mix not only broadens tenant appeal - from young professionals to graduate students and small families - but also mitigates vacancy risk, optimizing rent premiums, and enhances overall portfolio stability. Ideally situated mere minutes from UCLA's academic and cultural hub, Westfield Century City's world-class dining, shopping, and entertainment, and the luxury boutiques of Beverly Hills' Rodeo Drive, with 99 Ranch Market and Whole Foods conveniently close by, this turnkey and easy to manage multifamily asset is fully stabilized (no vacancies) with quality tenants in place, delivering exceptional cash flow and strong rent growth supported by its premier location. With value-add potential through minor cosmetic or technology enhancements, this boutique multifamily property promises both immediate returns and long-term appreciation.

Location

State CA

County Los Angeles

Area C05 - Westwood - Century City

Zoning LAR3

Interior

Heating Central

Cooling Central Air

Fireplace No

Appliance Dishwasher, Refrigerator, Dryer, Washer

Exterior

Parking Features Controlled Entrance, Covered, Garage, Gated, Community Structure, Tandem

Total Parking Spaces 15

Building

Story 3

Entry Level One

Architectural Style Contemporary

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4321011038

Special Listing Condition Standard

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Listed by Felix Wong Sunshine Realty

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1951 Glendon AVE Los Angeles, CA 90025