CA > Los Angeles
Los Angeles, CA 90049,818 S Gretna Green Way
Los Angeles, CA 90049,818 S Gretna Green Way
Los Angeles, CA 90049,818 S Gretna Green Way
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John Matukas

John Matukas

+1(323) 377-4961
$21,000,000
Est. payment /mo
54 Beds
67 Baths
46,560 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 46,560 sqft

Price per Sqft $451

MLS Listing ID 25541523

Bedrooms 54

Year Built 1969

Lot Size 0.458 Acres

Acres 0.4578

Property Sub-Type Multi-Family

Property Description

A generational opportunity to acquire a luxury 27-unit asset in an irreplaceable 'A+' location. Due to a Luxury Housing Exemption about 50% of the units are non-RSO. Ownership has meticulously maintained the property, updating and adding in-unit washer and dryers. Generously-sized apartments average nearly 1600 square feet and feature large balconies, central heat/air and secure perimeter entry and parking. Current rents average$2.82 per square foot leaving significant update of approximately 33% on the table for a buyer to realize. The property is separately metered for gas and electricity and a buyer would be wise to implement RUBS billing on landlord-paid utilities moving forward. Due to a Luxury Housing Accommodation related to significant capital improvements,13 units-or about half of the total-are exempt from Los Angeles City Rent Control. Subject only to California State AB1482, these units offer ownership greater control over tenancy and the ability to increase rents annually at nearly 9%.818 Gretna Green Way is situated in a prime area of Brentwood, adjacent to the renowned Brentwood Country Club and 100 feet away from the Sunday Brentwood Farmers Market. Brentwood enjoys a long-standing reputation as one of Los Angeles' most affluent and desirable residential areas. This area has evolved into an elegant and understated neighborhood known for its spacious homes, tree-lined streets, and well maintained parks. It has attracted a discerning population, including many celebrities and professionals seeking a tranquil yet conveniently located environment. Institutions like the Brentwood Country Club and the proximity to cultural landmarks such as the Getty Center further enhance its prestige. While it has experienced moments of notoriety, the overall reputation of Brentwood remains one of quiet affluence, offering a high quality of life with a strong sense of community.

Location

State CA

County Los Angeles

Area Brentwood

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Central

Cooling Air Conditioning, Central

Flooring Carpet, Ceramic Tile, Hardwood

Equipment Dishwasher, Washer, Dryer

Laundry In Unit, Community

Exterior

Parking Features Covered Parking, Door Opener, Direct Entrance, Driveway - Concrete, Gated

Garage Spaces 48.0

Building

Story 3

Level or Stories Three Or More

Others

Special Listing Condition Standard

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TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by CB Richard Ellis, Inc.

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John Matukas

+1(323) 377-4961

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