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$5,125,000
Est. payment /mo
14 Beds
17 Baths
12,759 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 12,759 sqft
Price per Sqft $401
MLS Listing ID 25589543
Bedrooms 14
HOA Y/N No
Year Built 2001
Lot Size 6,991 Sqft
Property Description
We are pleased to present 1625 S Butler Avenue, a rare opportunity to acquire a 2001 construction multifamily asset in the heart of West Los Angeles. Priced at only $401 per square foot, this property combines desirable unit layouts, modern amenities, and a highly sought-after location, making it an exceptional long-term investment. With a current 14.25 GRM and 4.00% cap rate, the property offers both immediate income and strong appreciation potential.The property is comprised of seven oversized two-bedroom units and three studio units, catering to a broad tenant base. Residences feature private balconies and central air conditioning and heating for year-round comfort. The building is further enhanced by modern conveniences including an elevator and trash chute, as well as 15 secure parking spaces, offering residents both convenience and peace of mind. The property is not subject to City of Los Angeles rent control. Instead, it falls under the preferable AB1482 framework, which permits annual rent increases of 5% plus CPI (capped at 10%). Located just minutes from Sawtelle Japantown, Westwood, Santa Monica, Century City, and Brentwood, the property provides residents unmatched access to some of Los Angeles' most dynamic employment centers, shopping destinations, and lifestyle amenities. This central Westside location ensures consistent rental demand and long-term stability.With its modern construction, spacious unit mix, and prime West LA location, 1625 S Butler Avenue represents a premier opportunity to secure a high-quality multifamily investment in one of Los Angeles' most competitive rental markets
Location
State CA
County Los Angeles
Area Wla - West Los Angeles
Zoning LAR3
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Parking Features Gated
Community Features Gated
Total Parking Spaces 15
Building
Story 4
Entry Level Three Or More
Sewer Other
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 4261012006
Security Features Gated Community
Special Listing Condition Standard
Read Less Info

Listed by Benjamin J. Hsiang Realty Investment Advisors, Inc.

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