Log In/Sign Up
Your email has been sent.
INVESTMENT HIGHLIGHTS
- Prime Westwood Location
- Priced Competitively Compared to SFR's in the Overall Neighborhood
- Unit available for immediate occupancy by Owner/User
EXECUTIVE SUMMARY
This charming income property can be described simply as "very good real estate." ONE UNIT IS AVAIABLE FOR AN OWNER / USER. Built in 1936 and loaded with old world charm, this character triplex is located in one of the best rental markets not only in Los Angeles but in all of Southern California. Buildings like this are rarely available for sale making this a real opportunity to acquire in a neighborhood with a high barrier to entrance. Please don't let this opportunity pass you by. As an owner/user, this property makes sense as compared to SFR pricing in the immediate neighborhood. This triplex contains one - 1-bedroom+1-bath above the garage and two - 2-bedoom+1.25 bath (townhouse style) units. The townhouse units each have multiple entrances, a California basement, individual private patio and their own separate laundry area. Located in an area with a very diverse employment base with thousands of jobs in technology, entertainment, law, education, finance, public sector and government. The area is incredibly walkable with access to shops, boutiques and restaurants along Westwood/Santa Monica & Wilshire Boulevards. It is within close proximity to major freeways (the 10 & the 405) and is minutes by car to Beverly Hills and Westwood office buildings, UCLA, Brentwood, Santa Monica and Century City. It is also close to operational subway stations planed for Century City and along Wilshire Boulevard. Long term owner selling "As-Is" and intends to enter into a 1031 tax deferred exchange. Please do not walk on property or disturb tenants.
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$104,952
|
$34.28
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$104,952
|
$34.28
|
| Taxes |
$28,000
|
$9.14
|
| Operating Expenses |
$13,614
|
$4.45
|
| Total Expenses |
$41,614
|
$13.59
|
| Net Operating Income |
$63,338
|
$20.69
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $104,952 |
| Annual Per SF | $34.28 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $104,952 |
| Annual Per SF | $34.28 |
| Taxes | |
|---|---|
| Annual | $28,000 |
| Annual Per SF | $9.14 |
| Operating Expenses | |
|---|---|
| Annual | $13,614 |
| Annual Per SF | $4.45 |
| Total Expenses | |
|---|---|
| Annual | $41,614 |
| Annual Per SF | $13.59 |
| Net Operating Income | |
|---|---|
| Annual | $63,338 |
| Annual Per SF | $20.69 |
PROPERTY FACTS
| Price | $2,395,000 | Building Class | C |
| Price Per Unit | $798,333 | Lot Size | 0.11 AC |
| Sale Type | Investment | Building Size | 3,062 SF |
| No. Units | 3 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1936 |
| Apartment Style | Garden | Parking Ratio | 1.31/1,000 SF |
| Zoning | LA [Q]RD1.5 | ||
| Price | $2,395,000 |
| Price Per Unit | $798,333 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 3,062 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1936 |
| Parking Ratio | 1.31/1,000 SF |
| Zoning | LA [Q]RD1.5 |
AMENITIES
UNIT AMENITIES
- Patio
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | $3,750 | - |
| 2+1.5 | 1 | $3,256 | - |
1 1
Walk Score®
Very Walkable (77)
Transit Score®
Excellent Transit (71)
Bike Score®
Very Bikeable (73)
1 of 14
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
10743 Ohio Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.



