Property
| Ownership: | For Sale |
|---|---|
| Bedrooms: | 32 BR |
| Bathrooms: | 25 |
| Area: | 14284 sq ft |
| Lot Size: | 0.33 Acres |
FinancialsPrice:$8,300,000
DescriptionLocated in a prime, walkable pocket of West LA, 1615 Greenfield Ave offers a rare 14-unit value-add opportunity near UCLA, Century City, Santa Monica, and Sawtelle Japantown. The property features a desirable mix of two- and three-bedroom units, gated entry, and dedicated parking highly sought-after amenities in this dense rental market. With current rents below market, investors can unlock upside through unit renovations and common area upgrades. Operating under fee simple ownership, utilities include separately metered electric and master-metered water and gas (for central water heating). This is a strong long-term hold with durable cash flow and appreciation potential in one of LA's most supply-constrained submarkets.
Located in a prime, walkable pocket of West LA, 1615 Greenfield Ave offers a rare 14-unit value-add opportunity near UCLA, Century City, Santa Monica, and Sawtelle Japantown. The property features a desirable mix of two- and three-bedroom units, gated entry, and dedicated parking highly sought-after amenities in this dense rental market. With current rents below market, investors can unlock upside through unit renovations and common area upgrades. Operating under fee simple ownership, utilities include separately metered electric and master-metered water and gas (for central water heating). This is a strong long-term hold with durable cash flow and appreciation potential in one of LA's most supply-constrained submarkets.
1615 Greenfield Ave 32BR La
DescriptionLocated in a prime, walkable pocket of West LA, 1615 Greenfield Ave offers a rare 14-unit value-add opportunity near UCLA, Century City, Santa Monica, and Sawtelle Japantown. The property features a desirable mix of two- and three-bedroom units, gated entry, and dedicated parking highly sought-after amenities in this dense rental market. With current rents below market, investors can unlock upside through unit renovations and common area upgrades. Operating under fee simple ownership, utilities include separately metered electric and master-metered water and gas (for central water heating). This is a strong long-term hold with durable cash flow and appreciation potential in one of LA's most supply-constrained submarkets.
Located in a prime, walkable pocket of West LA, 1615 Greenfield Ave offers a rare 14-unit value-add opportunity near UCLA, Century City, Santa Monica, and Sawtelle Japantown. The property features a desirable mix of two- and three-bedroom units, gated entry, and dedicated parking highly sought-after amenities in this dense rental market. With current rents below market, investors can unlock upside through unit renovations and common area upgrades. Operating under fee simple ownership, utilities include separately metered electric and master-metered water and gas (for central water heating). This is a strong long-term hold with durable cash flow and appreciation potential in one of LA's most supply-constrained submarkets.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
