Los Angeles, CA 90025,1861 Midvale Ave
Los Angeles, CA 90025,1861 Midvale Ave
Los Angeles, CA 90025,1861 Midvale Ave
38
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$2,450,000
Est. payment /mo
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10 Beds
9 Baths
5,538 SqFt
Active

1861 Midvale Ave Los Angeles, CA 90025

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,538 sqft

Price per Sqft $442

MLS Listing ID 25517577

Bedrooms 10

Year Built 1967

Lot Size 6,500 Sqft

Acres 0.1492

Property Sub-Type Multi-Family

Property Description

Located in the heart of West Los Angeles, adjacent to Westwood, 1861 Midvale is a well-maintained five-unit multifamily property that presents significant upside potential. Built in 1967,this charming building features a unit mix comprised of one 3-bedroom, 2.5-bathroom unit, three 2-bedroom, 2-bathroom units, and one 1-bedroom, 1-bathroom unit. With three units currently vacant, there is immediate value-add potential to enhance rental income. This asset presents an exceptional opportunity for long-term investors, featuring a secured entry, ample on-site parking, and an on-site laundry facility. Several units have been tastefully upgraded with hardwood flooring, stainless steel appliances, and granite countertops, making them highly attractive to tenants. The property is ideally situated just moments from renowned shopping, dining, and entertainment options, offering unparalleled access to the vibrant Westwood community and major employment centers. This asset provides a unique opportunity for investors looking to capitalize on the potential for rental improvements. With a desirable tenant base and the promise of future income growth, 1861 Midvale is a rare chance to acquire a prime, value-add asset in one of Los Angeles' most sought-after neighborhoods.

Location

State CA

County Los Angeles

Area Westwood - Century City

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Air Conditioning

Equipment None

Exterior

Parking Features Carport

Building

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Lyon Stahl Investment Real Estate, Inc.

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agent

Hunter Scholl

The Right Hand | RE.S. 197305

+1(702) 575-1320

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1861 Midvale Ave