$4,150,000
SOLD AUG 12, 2025
10 Beds
7 Baths
7,224 Sq Ft
8,008 Sq Ft Lot

Recently Sold

$574 Per Sq Ft

1% Above List Price

20 Days on Market

Highlights

  • Open Patio
  • Laundry Facilities
  • Rectangular Lot
  • Warner Avenue Elementary Rated A
  • West Facing Home

About This Home

As of August 2025

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.

Last Agent to Sell the Property

Adam Peterson

CB Richard Ellis, Inc. License #01815802 Listed on: 06/19/2025

Last Buyer's Agent

Adam Peterson

CB Richard Ellis, Inc. License #01815802 Listed on: 06/19/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 8,008 Sq Ft Lot
  • West Facing Home
  • Rectangular Lot
  • Level Lot

Home Design

  • Stucco

Interior Spaces

  • 7,224 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 7 Bathrooms

Parking

  • Covered Parking
  • Private Parking
  • Shared Driveway
  • Uncovered Parking

Additional Features

  • Open Patio
  • Heating System Mounted To A Wall or Window

Community Details

  • 8 Units
  • Laundry Facilities
  • Rent Control

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water
  • Assessor Parcel Number 4363-015-007

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Living Area: 7224
  • Lot Acreage: 0.1838
  • Probate: No
  • Stories: 2
  • Year Built: 1947
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Laundry: Community
  • Total Bathrooms: 7.00
  • Price Per S Q F T: 567.55
  • Windows: French Windows

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Other Structures: None
  • Patio: Patio Open
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Covered Parking, Driveway, Driveway - Concrete, Garage - 4+ Car, Garage Is Attached, Parking Space, Private, Shared Driveway, Uncovered

Utilities

  • Heating: Wall
  • Water: Meter on Property

Lot Info

  • Assessed Improvement Percent: 34.88
  • Assessed Improvement Value: 797679
  • Assessed Land Percent: 65.12
  • Assessed Land Value: 1489509
  • Total Assessed Value: 2287188
  • Assessor Parcel Number: 4363-015-007
  • Lot Description: Curbs, Lot Shape-Rectangular, Lot-Level/Flat, Sidewalks, Street Asphalt, Street Paved, Walk Street
  • Lot Size Area: 8008

Rental Info

  • Owner Pays: Water
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 13.00
  • Number Of Units: 8
  • Rent Control: 100
  • Total Annual Expense: 120220
  • Type Of Units: Student
  • Vacancy Rate: 0%

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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
08/12/2025 08/12/25 Sold $4,150,000 +1.2% $574 / Sq Ft
07/09/2025 07/09/25 Pending -- -- --
06/19/2025 06/19/25 For Sale $4,100,000 -- $568 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 25554753

The MLS