1615 Greenfield Ave | Los Angeles, CA 90025
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- LoopNet Team
1615 Greenfield Ave
Los Angeles, CA 90025
Westwood 14 d/u | A+ Location | Value Add Opp · Multifamily Property For Sale
·
14 Units
INVESTMENT HIGHLIGHTS
- Prime West LA Location – Quiet, walkable area near UCLA, Century City, Santa Monica, and Sawtelle Japantown, with easy access to the 405 and 10 Freewa
- Secure Access & Parking – Gated entry and dedicated parking in a high-demand neighborhood.
- Long-Term Growth – Positioned for stable cash flow and appreciation in a supply-constrained submarket near major employers and institutions.
- Strong Unit Mix – Spacious two- and three-bedroom layouts ideal for professionals, students, and long-term tenants.
- Value-Add Upside – Below-market rents with potential for interior and common area upgrades.
PROPERTY FACTS
| No. Units | 14 | Building Size | 18,385 SF |
| Property Type | Multifamily | Average Occupancy | 78% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | Parking Ratio | 1.36/1,000 SF |
| Lot Size | 0.33 AC | ||
| Zoning | LAR3 - restricted Density Multiple Dwelling | ||
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.33 AC |
| Building Size | 18,385 SF |
| Average Occupancy | 78% |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.36/1,000 SF |
| Zoning | LAR3 - restricted Density Multiple Dwelling |
AMENITIES
UNIT AMENITIES
- Washer/Dryer
- Double Pane Windows
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1.5 | 8 | $3,243 | 1,000 |
| 2+2.5 | 2 | $3,800 | 1,000 |
| 3+2 | 2 | $4,650 | 1,250 |
| 3+2.5 | 2 | $4,800 | 1,300 |
PROPERTY TAXES
| Parcel Number | 4324-031-034 | Improvements Assessment | $670,626 |
| Land Assessment | $362,938 | Total Assessment | $1,033,564 |
PROPERTY TAXES
Parcel Number
4324-031-034
Land Assessment
$362,938
Improvements Assessment
$670,626
Total Assessment
$1,033,564
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