NOT LISTED FOR SALE

1218 Mcclellan Dr Los Angeles, CA 90025

Sawtelle Neighborhood
16 Beds
16 Baths
11,758 Sq Ft
8,717 Sq Ft Lot

Last Sold April 04, 2024

Last sale price $4,965,000 $422 Per Sq Ft

32 Days on Market

About This Home

As of April 2024

1218 McClellan Dr is a 16-unit apartment building in a prime West Los Angeles location. The property was built in 1972 with a unit mix comprised of one studio, fourteen large one-bedroom one-bathroom, and one two-bedroom one-bathroom unit. The building is 11,758 sqft on an 8,714 sqft lot zoned LAC2. Amenities include controlled access and gated parking. The building's extremely desirable location demands premium rents upon turnover of units, as this is one block south of Brentwood and one block east of Santa Monica. Within proximity are grocery stores, such as Ralphs, Smart & Final, Bristol Farms, Erewhon Market, and many restaurants, coffee shops, and bars. EXCELLENT LOCATION - WALK SCORE = 93 - 'WALKER'S PARADISE - DAILY ERRANDS DO NOT REQUIRE A CAR'. UNIT MIX CONSISTING OF MOSTLY LARGE 1-BEDROOM UNITS - AVG 735 SQFT. AMENITIES INCLUDE CONTROLLED ACCESS ENTRY AND GATED PARKING. RARE MID-SIZED ASSET - FIRST TIME ON THE MARKET IN 50 YEARS. APPROXIMATELY 23.5% POTENTIAL RENTAL UPSIDE UPON TURNOVER.

Last Agent to Sell the Property

Benjamin Lewin

Marcus & Millichap License #02040686 Listed on: 01/08/2024

Last Buyer's Agent

Benjamin Lewin

Marcus & Millichap License #02040686 Listed on: 01/08/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 8,717 Sq Ft Lot

Home Design

  • Split Level Home

Interior Spaces

  • 11,758 Sq Ft Home
  • 2-Story Property
  • Alarm System

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 16 Bathrooms

Parking

  • 16 Parking Spaces
  • Gated Parking

Community Details

  • 16 Units
  • Vacancy Allowance $10,685

Listing and Financial Details

  • Assessor Parcel Number 4267-036-004

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 11758
  • Lot Acreage: 0.2001
  • Stories: 2
  • Year Built: 1972
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 16
  • Total Bathrooms: 16.00
  • Equipment: Alarm System
  • Price Per S Q F T: 501.79

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Gated
  • Total Parking: 16

Lot Info

  • Assessor Parcel Number: 4267-036-004
  • Lot Size Area: 8717

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 16.57
  • Number Of Units: 16
  • Type Of Units: 16
  • Vacancy Allow: 10685
  • Vacancy Allow Percent: 3.00

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2024 04/04/24 Sold $4,965,000 -15.8% $422 / Sq Ft
02/09/2024 02/09/24 Pending -- -- --
01/08/2024 01/08/24 For Sale $5,900,000 -- $502 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Benjamin Lewin

    Seller's Agent in 2024

    Benjamin Lewin

    Marcus & Millichap

    (818) 212-2700

    2 in this area

    10 Total Sales

    Benjamin Lewin
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Map

Source: The MLS

MLS Number: 24-344813

The MLS
California Los Angeles County Los Angeles 90025 Sawtelle

1218 Mcclellan Dr, Los Angeles, CA

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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