1951 Glendon Avenue, Los Angeles, CA 90025
  • MLS#: 25564751 ( )
  • Street Address: 1951 Glendon Avenue
  • Viewed: 1
  • Price: $6,380,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 2
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90025
  • Provided by: Sunshine Realty
  • Contact: Felix Felix
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Discover an unparalleled investment opportunity in this contemporary 8 unit apartment complex in prime sought after Westwood location, offered for the first time on the market since its acquisition as a new construction, nestled on a beautiful, tree lined street directly adjacent to high end single family home district, boasting an exceptionally walkable neighborhood. Each residence features one of three thoughtfully designed two bedroom and two bath (2+2) configurations, bright and open floorplans, where most unit's bedrooms feature en suite bathroom, each equipped with washer and dryer, central heating and air conditioning, and the peace of mind of a fully sprinklered building. This varied product mix not only broadens tenant appeal from young professionals to graduate students and small families but also mitigates vacancy risk, optimizing rent premiums, and enhances overall portfolio stability. Ideally situated mere minutes from UCLA's academic and cultural hub, Westfield Century City's world class dining, shopping, and entertainment, and the luxury boutiques of Beverly Hills' Rodeo Drive, with 99 Ranch Market and Whole Foods conveniently close by, this turnkey and easy to manage multifamily asset is fully stabilized (no vacancies) with quality tenants in place, delivering exceptional cash flow and strong rent growth supported by its premier location. With value add potential through minor cosmetic or technology enhancements, this boutique multifamily property promises both immediate returns and long term appreciation.
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Features
Appliances
  1. Dishwasher
  2. Refrigerator
Architectural Style
  1. Contemporary
Building Area Total
  1. 11981.00
Cooling
  1. Central Air
Country
  1. US
Heating
  1. Central
Laundry Features
  1. Washer Included
  2. Dryer Included
Levels
  1. One
Netoperatingincome
  1. 125993.00
Parcel Number
  1. 4321011038
Parking Features
  1. Community Structure
  2. Gated
  3. Tandem Garage
  4. Covered
  5. Controlled Entrance
Sourcesystemkey
  1. 25564751:CLAW
Totalexpenses
  1. 152257.00
Zoning
  1. LAR3