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$ 8,300,000
Est. payment | /mo
18,385 SqFt
$ 8,300,000
Est. payment | /mo
18,385 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 18,385 sqft
Price per Sqft $451
MLS Listing ID CL25554831
HOA Y/N No
Year Built 1962
Lot Size 0.328 Acres
Acres 0.33
Property Sub-Type Other
Property Description
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.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Fireplace No
Exterior
View Y/N true
View City Lights
Building
New Construction No
Others
Tax ID 4324031034
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Listed by Tony Azzi • Tony Azzi