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.
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DAYS ON MARKET
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8
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LAST UPDATED
|
4/2/2025
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|
YEAR BUILT
|
1967
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COMMUNITY
|
Westwood - Century City
|
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COUNTY
|
Los Angeles
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STATUS
|
Active
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PROPERTY TYPE(S)
|
Residential Income
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| AREA |
Westwood - Century City |
| GARAGE |
Carport |
| HEAT |
Wall Furnace |
| LOT |
6500 sq ft |
| PARKING |
Carport |
| STORIES |
2 |
| ZONING |
LAR3 |
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Listed with Lyon Stahl Investment Real Estate, Inc.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 4/4/25 7:37 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2025.
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