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8-Bedroom ResidentialIncome — 1815 Greenfield Avenue, Los Angeles, CA

$2,795,000

1815 Greenfield Avenue, Los Angeles, CA

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About this property

Exceptional opportunity to acquire a well-located six-unit multifamily property in one of West Los Angeles' most sought-after rental markets. The property features an attractive unit mix of two spacious 2-bedroom units and four 1-bedroom units, appealing to a broad tenant base in an area known for consistently strong rental demand. All six units are currently on month-to-month leases, providing a rare level of flexibility for a new owner. Whether the goal is to gradually adjust rents to market levels, implement strategic renovations, or execute a long-term value-add investment plan, the lease structure presents a unique opportunity to maximize the property's income potential over time. The property also includes six private garages, providing valuable off-street parking and additional convenience for tenants in a high-demand West Los Angeles location. With strong rental fundamentals, an excellent unit mix, and significant upside potential, this asset offers investors the opportunity to increase cash flow while benefiting from long-term appreciation.Ideally situated just minutes from Century City, UCLA, Santa Monica, Brentwood, Beverly Hills, and major employment centers, the property enjoys exceptional accessibility to shopping, dining, entertainment, public transportation, and major freeways. Its prime location continues to attract high-quality tenants and supports long-term occupancy. Whether you're seeking a stable income-producing asset with immediate cash flow or a compelling value-add investment with substantial upside, 1815 Greenfield presents a rare opportunity to acquire a multifamily property in one of West Los Angeles' premier investment corridors.

Property details

Bedrooms
8
Square feet
4,267
Year built
1954
Property type
ResidentialIncome

Location

1815 Greenfield Avenue • Los Angeles, CA 90025

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Listed by

Rick Dergan · LPT Realty, Inc