$3,250,000
PENDING

Estimated payment $20,924/month

Total Views 444
13 Beds
12 Baths
7,527 Sq Ft
$432 Price per Sq Ft

About This Home

Well maintained 9-unit apartment building in a Prime West LA location on the border of Santa Monica and right next to Brentwood. Extremely strong rental demand area with ideal income producing unit mix including (5) 2-bedroom units, (3) 1-bedroom units, and (1) studio unit. Building has undergone seismic retrofitting. Recently passed insurance inspections and units have new subpanels. Most units have undergone light renovations including replacing flooring, modern hardware, and modern light fixtures. Rental upside can be achieved through more substantial renovations to the kitchens and bathrooms. Select units have private outdoor space (balconies/patios). Well parked property. On-site laundry with machines owned by landlord. Professionally managed and cared for property. (1) one bedroom unit to become vacant at end of July and has significant rental upside through renovations.

Listing Agent

Daniel Glaser

Glaser Property Management Inc. License #01940889 Listed on: 07/14/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Interior Spaces

  • 7,527 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Freezer

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 12 Bathrooms

Parking

  • 13 Parking Spaces
  • Assigned Parking

Additional Features

  • 6,935 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 9 Units

Listing and Financial Details

  • Assessor Parcel Number 4267-036-034

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: Well maintained 9-unit apartment building in a Prime West LA location on the border of Santa Monica and right next to Brentwood. Extremely strong rental demand area with ideal income producing unit mix including (5) 2-bedroom units, (3) 1-bedroom units, and (1) studio unit. Building has undergone seismic retrofitting. Recently passed insurance inspections and units have new subpanels. Most units have undergone light renovations including replacing flooring, modern hardware, and modern light fixtures. Rental upside can be achieved through more substantial renovations to the kitchens and bathrooms. Select units have private outdoor space (balconies/patios). Well parked property. On-site laundry with machines owned by landlord. Professionally managed and cared for property. (1) one bedroom unit to become vacant at end of July and has significant rental upside through renovations.
  • Living Area: 7527
  • Lot Acreage: 0.1592
  • Stories: 2
  • Year Built: 1962
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 13
  • Total Bathrooms: 12.00
  • Equipment: Freezer, Range/Oven, Refrigerator
  • Price Per S Q F T: 431.78

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 13

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 33.33
  • Assessed Improvement Value: 1040400
  • Assessed Land Percent: 66.67
  • Assessed Land Value: 2080800
  • Total Assessed Value: 3121200
  • Assessor Parcel Number: 4267-036-034
  • Lot Size Area: 6935

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114
  • Gross Rent Multiplier: 12.05
  • Number Of Units: 9
  • Total Annual Expense: 96320
  • Type Of Units: Mostly 1s 2s
  • Vacancy Rate: 0

Map

Range of Values:

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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 Change Sq Ft Price
07/23/2025 07/23/25 Pending -- -- --
07/14/2025 07/14/25 For Sale $3,250,000 0.0% $432 / Sq Ft
07/14/2023 07/14/23 Price Changed $2,500 +42.9% $3 / Sq Ft
07/06/2023 07/06/23 Price Changed $1,750 0.0% $2 / Sq Ft
07/06/2023 07/06/23 For Rent $1,750 -30.0% --
06/21/2023 06/21/23 Price Changed $2,500 0.0% $3 / Sq Ft
06/21/2023 06/21/23 For Rent $2,500 +13.6% --
02/17/2023 02/17/23 Price Changed $2,200 +340.0% $2 / Sq Ft
02/16/2023 02/16/23 Price Changed $500 -77.3% $1 / Sq Ft
01/25/2023 01/25/23 For Rent $2,200 -- --
Source: The MLS

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Source: The MLS

MLS Number: 25564991

The MLS

APN: 4267-036-034