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TNG Real Estate Consultants

info@tngrealestate.com +1(714) 987-3310

$4,400,000

Est. payment - /mo

8 Beds

16 Baths

8,302 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 8,302 sqft

Price per Sqft $529

MLS Listing ID 26876177

Bedrooms 8

HOA Y/N No

Year Built 1964

Lot Size 8,232 Sqft

Property Description

Rare offering on Westwood's favorite tree-lined cul-de-sac. Located just south of Wilshire Boulevard and a short distance from Westwood Village and UCLA, this property offers convenient access to the Westwood Recreation Center's expansive grounds, including pickleball courts, a dog park, and more. The building features eight 2-bedroom, 2-bath units. Six of the eight units have turned over relatively recently and have been upgraded with quality finishes. Select units include private laundry, with community laundry also available. Most units offer a private balcony or patio. There are 14 secure garage parking spaces, including 6 tandem spaces. The property benefits from resilient submarket fundamentals, with strong rental demand, high occupancy, and low vacancy. Westwood is adjacent to Brentwood, Century City, and Beverly Hills, and is surrounded by dining and shopping options on nearby streets and in Westwood Village (Walk Score of 78). Strong in-place management and consistent maintenance are already in place. Approximately 15% upside potential exists as rents are repositioned over time. Annual expenses are estimated at approximately 35%, including estimated property tax after sale. One of the sellers is a licensed California Real Estate Broker.

Location

State CA

County Los Angeles

Area C05 - Westwood - Century City

Zoning LAR3

Interior

Heating Combination

Fireplace No

Appliance Dishwasher, Disposal

Laundry Common Area, Inside, Stacked

Exterior

Parking Features Controlled Entrance, Covered, Underground, Garage, Garage Door Opener, Community Structure, Tandem

Garage Spaces 14.0

Garage Description 14.0

View Y/N Yes

View Park/Greenbelt

Total Parking Spaces 14

Building

Faces West

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4324013005

Security Features Security Gate

Special Listing Condition Standard

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Listed by David Putnam Berkshire Hathaway HomeServices California Properties #01036004

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TNG Real Estate Consultants

+1(714) 987-3310

Agent License ID: 01886242

1424 Greenfield AVE Los Angeles, CA 90025

TNG Real Estate Consultants

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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