Los Angeles, CA 90024

630 Midvale Ave., is a prime student housing opportunity in an 'A+' Westwood Village location. The subject offers incredible walkability and proximity to the UCLA campus and Village amenities, driving top rents in the most desirable student housing submarket of any area adjacent to campus. Operating as an 8-unit, 16-bedroom, 100% leased student housing property, 630 Midvale Ave. is pre-leased entirely to students for the 2025-2026 school year. The asset is professionally managed and is separately metered for gas and electricity. Ownership maintains the property on par with competing assets including completing LA city's mandatory soft-story retrofit in 2018 and doing minor painting, repairs and updates annually each August. Subsequent ownership may capitalize on the myriad opportunities to capture upside in NOI by implementing a RUBS utility recovery program (owner pays water and sewer), remodeling units to achieve higher rents, charging for parking or other amenities and adding ADUs at the rear of the property. The area is profoundly shaped by its immediate proximity to UCLA, which serves as a central pillar for Westwood's cultural and economic landscape. The presence of UCLA means that the surrounding environment is a dynamic blend of academic energy and youthful vibrancy, attracting a diverse population of students, faculty, and university staff. The neighborhood surrounding 630 Midvale Ave. is lively, academic, and complemented by a diverse and extensive culinary scene in Westwood Village. The Village offers everything from casual eateries to international cuisine, high-end grocers, bars and movie theaters. Employment opportunities are largely concentrated around the University and its health system, with additional roles in retail, hospitality, and professional services. The immediate area is predominantly residential, featuring multi-unit buildings that attract a mix of students, faculty, and young professionals seeking a walkable and dynamic urban environment.