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1823 Westholme Ave 2 Unit Apartment Building $3,250,000 ($1,625,000/Unit) 3.25% Cap Rate Los Angeles, CA 90025



INVESTMENT HIGHLIGHTS
- Duplex in Century City Area | Each with 4 Bedrooms & 4 Bathrooms
- Unit 2: 2,010 SF | For Lease at $6,950/Month
- Gourmet Kitchens with Stainless Steel Appliances | Open-Concept Living & Dining Spaces
- Unit 1: 1,950 SF | Leased at $6,800/Month
- Contemporary Design with Soaring Ceilings, Wide-Plank Vinyl Floors & Abundant Natural Light
- Two Tandem Parking Spaces per Unit | Low-Maintenance Construction
EXECUTIVE SUMMARY
Offered at $3,250,000, this brand-new four-level duplex in the Century City area showcases striking contemporary architecture, premium finishes, and exceptional income potential. Each residence features four bedrooms and four bathrooms, with Unit 1 spanning 1,950 sq. ft. and leased for $6,800 per month, while Unit 2 offers 2,010 sq. ft. and is leased for $6,950 per month. Both units include two tandem parking spaces, solar panels, upgraded insulation, and multi-zone air conditioning for year-round efficiency and comfort.
Inside, soaring ceilings and expansive windows fill the open-concept living spaces with abundant natural light. Wide-plank vinyl flooring flows throughout, leading to a gourmet kitchen with stainless steel appliances that opens to spacious living and dining areas—ideal for entertaining. Each home offers a ground-floor bedroom with an adjacent full bath, while the primary suites evoke the feel of a luxury hotel with modern finishes and an indoor-outdoor flow.
Perfectly situated near Westfield Century City, UCLA, Westwood Village, and some of Los Angeles’ most popular dining, shopping, and entertainment destinations, this low-maintenance property combines modern elegance with a prime location. With both units leased and strong rental income in place, it offers a rare, turn-key investment opportunity in one of the city’s most sought-after neighborhoods
Inside, soaring ceilings and expansive windows fill the open-concept living spaces with abundant natural light. Wide-plank vinyl flooring flows throughout, leading to a gourmet kitchen with stainless steel appliances that opens to spacious living and dining areas—ideal for entertaining. Each home offers a ground-floor bedroom with an adjacent full bath, while the primary suites evoke the feel of a luxury hotel with modern finishes and an indoor-outdoor flow.
Perfectly situated near Westfield Century City, UCLA, Westwood Village, and some of Los Angeles’ most popular dining, shopping, and entertainment destinations, this low-maintenance property combines modern elegance with a prime location. With both units leased and strong rental income in place, it offers a rare, turn-key investment opportunity in one of the city’s most sought-after neighborhoods
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $3,250,000 | Apartment Style | Townhome |
| Price Per Unit | $1,625,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Cap Rate | 3.25% | Building Size | 3,960 SF |
| No. Units | 2 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2025 |
| Property Subtype | Apartment | ||
| Zoning | LAR3 | ||
| Price | $3,250,000 |
| Price Per Unit | $1,625,000 |
| Sale Type | Investment |
| Cap Rate | 3.25% |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.17 AC |
| Building Size | 3,960 SF |
| No. Stories | 3 |
| Year Built | 2025 |
| Zoning | LAR3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Refrigerator
- Oven
- Range
- Views
- Freezer
SITE AMENITIES
- 24 Hour Access
- Picnic Area
- Recycling
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+4 | 2 | - | - |
1 1
Walk Score®
Very Walkable (76)
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1823 Westholme Ave
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