1840 Stoner Ave 5 Unit Apartment Building Offered at $5,395,000 at a 5.05% Cap Rate Los Angeles, CA 90025

The 5+ Unit Specialists are pleased to present 1840 Stoner Ave, a rare luxury new-construction 5-unit community in the heart of West Los Angeles. Located within the highly sought-after Sawtelle Japantown neighborhood and just minutes from UCLA, Brentwood, Westwood, and Santa Monica, this non-rent-controlled asset offers exceptional renter demand in one of L.A.’s most stable and supply-constrained coastal submarkets. With 3 of 5 units already leased at market rents and a projected 5.05% cap rate, the property represents a turnkey, high-income opportunity for both investors and 1031 exchange buyers.
1840 Stoner consists of five ultra-high-end townhomes, ranging from 1,305 to 1,878 square feet, each featuring 3 bedrooms plus 3–3.5 bathrooms, open-concept living areas, and premium modern finishes throughout. Interior highlights include designer kitchens, custom builtins, LED backlit bathroom mirrors, spacious walk-in closets, central HVAC, in-unit washer/dryers, and private balconies or yards. All units are separately metered for utilities, keeping operating expenses low,
and the property offers garage and uncovered parking, a major amenity for Westside tenants. Any current vacant units may be
delivered vacant or occupied, allowing for potential owner occupancy financing.
Situated in a walkable, lifestyle-driven location surrounded by top dining, retail, and entertainment along Sawtelle Boulevard and supported by strong demand from tech, media, and professional tenants, 1840 Stoner Ave stands out as a rare, turnkey Westside newconstruction offering with immediate income and long-term upside.