$ 4,895,000
-
$4,895,000
Price -
3
Bed -
4
Bath -
11,837
SqFt
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About the Listing CLW-X82195 - CLW-C134249,CLW-C129697
1677 Westholme Avenue presents a rare opportunity to acquire a trophy multifamily asset situated on a prominent corner lot in one of Los Angeles' most sought-after rental markets. Built in 1963, this well-maintained, pride-of-ownership property spans approximately 11,837 square feet and features a diverse and highly desirable unit mix consisting of (3) two-bedroom, two-bathroom units, (6) one-bedroom, one-bathroom units, and (1) studio unit. With its commanding corner presence and attractive midcentury architecture, the property boasts exceptional curb appeal that sets it apart from comparable buildings in the area. The property offers long-term investment stability and upside, featuring gated parking, controlled access entry, and on-site laundry facilities. One unit will be delivered vacant at the close of escrow, providing immediate value-add potential. With approximately 21% rental upside, investors have an excellent opportunity to increase cash flow through interior renovations and leasing at market rents. Several units have already been tastefully upgraded with hardwood flooring, stainless steel appliances, and granite countertops, making them highly appealing to today's renters. Perfectly located in the heart of Westwood, 1677 Westholme Avenue is adjacent to West Los Angeles and just minutes from Century City and UCLA, offering unmatched proximity to world-class dining, shopping, and employment hubs. The property is surrounded by multi-million dollar single-family homes, enhancing its prestige and long-term desirability. This corner trophy asset represents an outstanding opportunity to acquire a stabilized, income-producing property with strong fundamentals, proven ownership history, and value-add upside in one of the Westside's most supply-constrained and high-demand submarkets.
Listing Highlights for 1677 Westholme Ave
Status
Active
Days on Site
17
Property Type
Multi-Family
MLS ®
25603281
Year Built
1963
Total Square Footage
11,837
Lot/Acreage
0.18
County
Los Angeles
Interior Details
- Bedrooms: 3
- Bathrooms: 4 Full
- Appliances: Dishwasher, Refrigerator
- Air Cond: Central Air
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 12
- Zoning: LAR3
- Roof:
- Others: 2+ Total Units
- Sewer:
- Parking Features: Gated
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 4326026023
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
1677 Westholme Ave Los Angeles, CA 90024
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