1424 Greenfield Ave, Los Angeles, CA 90025
1424 Greenfield Ave, Los Angeles, CA 90025
1424 Greenfield Ave, Los Angeles, CA 90025
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John Matukas

John Matukas

+1(323) 377-4961
$4,400,000
Est. payment /mo
8 Beds
16 Baths
8,302 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 8,302 sqft

Price per Sqft $529

MLS Listing ID 26876177

Bedrooms 8

Year Built 1964

Lot Size 8,235 Sqft

Acres 0.189

Property Sub-Type Multi-Family

Property Description

Rare offering on Westwood's favorite tree-lined cul-de-sac. Located just south of Wilshire Boulevard and a short distance from Westwood Village and UCLA, this property offers convenient access to the Westwood Recreation Center's expansive grounds, including pickleball courts, a dog park, and more. The building features eight 2-bedroom, 2-bath units. Six of the eight units have turned over relatively recently and have been upgraded with quality finishes. Select units include private laundry, with community laundry also available. Most units offer a private balcony or patio. There are 14 secure garage parking spaces, including 6 tandem spaces. The property benefits from resilient submarket fundamentals, with strong rental demand, high occupancy, and low vacancy. Westwood is adjacent to Brentwood, Century City, and Beverly Hills, and is surrounded by dining and shopping options on nearby streets and in Westwood Village (Walk Score of 78). Strong in-place management and consistent maintenance are already in place. Approximately 15% upside potential exists as rents are repositioned over time. Annual expenses are estimated at approximately 35%, including estimated property tax after sale. One of the sellers is a licensed California Real Estate Broker.

Location

State CA

County Los Angeles

Area Westwood - Century City

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Combination

Cooling Wall Unit(s)

Equipment Garbage Disposal, Dishwasher

Laundry Community, Inside, Laundry Closet Stacked

Exterior

Parking Features Controlled Entrance, Covered Parking, Subterranean, Tandem, Door Opener, Community Garage

Garage Spaces 14.0

View Y/N Yes

View Green Belt

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

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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 Berkshire Hathaway HomeServices California Propert

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John Matukas

John Matukas

+1(323) 377-4961

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