1812 Westholme Avenue Los Angeles, CA 90025
Located in the heart of West Los Angeles, adjacent to Century City, 1812 Westholme Ave is a well-maintained 12-unit multifamily property offering both stability and significant upside potential. Built in 1968, the property consists of (10) one-bedroom, one-bathroom units and (2) studio units. Recent capital improvements include a completed seismic retrofit and brand-new electric subpanels, ensuring long-term durability and compliance. The property will be delivered with three vacant units, providing immediate value-add potential. 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. Strategically positioned just moments from Century City Mall, 1812 Westholme Ave offers unparalleled access to premier shopping, dining, entertainment, and major employment centers. With strong in-place income, significant rental appreciation potential, and a desirable tenant base, this property is a rare chance to acquire a prime, income-generating asset in one of Los Angeles' most sought-after neighborhoods.
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Price History
| date | event | price | source |
|---|---|---|---|
|
04/16/2025
04/16/2025
|
Sold |
$3,700,000
|
CA Regional MLS (CRMLS) |
|
03/03/2025
03/03/2025
|
Pending |
$3,995,000
|
CA Regional MLS (CRMLS) |
|
02/13/2025
02/13/2025
|
Active |
$3,995,000
|
CA Regional MLS (CRMLS) |
Market Trends
Source: Constellation1
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