1830 Greenfield Avenue
Los Angeles, CA 90025
$8,350,000
$8,500,000
About This Home
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.
Property Details
Location
Listed by
Jonathan Taksa
Remax Commercial and Investment Realty
MLS# CLW-X90025
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