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818 S Gretna Green Way
Los Angeles, CA 90049
Gretna Green Apartments · Multifamily Property For Sale · 27 Units

Investment Highlights

  • Coveted Los Angeles location well-positioned in the affluent Los Angeles submarket of Brentwood.
  • 13 of 27 units are not subject to Los Angeles Rent Control.
  • Opportunity to capitalize on underperforming rents by renovating units as they become vacant.
  • Significant value-add opportunity: estimated 40% upside in NOI.
  • Only a portion of the units have been fully renovated, allowing new ownership the opportunity to capture market rents.
  • Affluent demographics: median Home Value within a one-mile radius is $1,604,200.

Property Facts

No. Units 27
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.46 AC
Building Size 46,650 SF
Average Occupancy 96%
No. Stories 3
Year Built 1969
Parking Ratio 1.03/1,000 SF
Zoning LAR3 - [Q] LAR3-1

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Heating
  • Kitchen
  • Oven
  • Range

Site Amenities

  • Laundry Facilities
  • Security System
  • Gated

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 24 - 1,340 - 2,000
1+1 3 - 1,056

Property Taxes

Property Taxes

Parcel Number
4264-010-023
Land Assessment
$1,994,131
Improvements Assessment
$2,268,558
Total Assessment
$4,262,689
  • Listing ID: 25530692

  • Date on Market: 4/22/2022

  • Last Updated:

  • Address: 818 S Gretna Green Way, Los Angeles, CA 90049

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