Century Thayer Portfolio 5 Multifamily Properties in Los Angeles, CA

JLL, as the exclusive advisor, presents for sale the Thayer Portfolio—an exceptional 24-unit multifamily investment opportunity spanning five prime assets along Thayer Avenue in West Los Angeles. This rare offering is available for purchase for the first time in 35+ years and represents a unique opportunity to acquire a concentrated portfolio of income-producing apartments in one of LA’s most desirable and supply-constrained submarkets.
The portfolio consists of five strategically located properties at 1834, 1838, 1839, 1844, and 1850 Thayer Avenue, collectively encompassing 24 residential units across approximately 0.80 acres of prime West LA real estate. Built between 1937 and 1989, these well-maintained assets offer over 42,000 square feet of gross building area with a diverse mix of vintage charm and functionality.
The properties feature varying unit counts ranging from a single-unit asset to a 7-unit building, each with individual lot ownership providing investors with diverse revenue streams, maximum redevelopment flexibility, and streamlined operational efficiencies rarely available in the fragmented West LA multifamily market.
Located in West Los Angeles, the portfolio offers residents unparalleled access to premium employment centers, world-class amenities, and the enduring appeal of Westside living. This represents a rare opportunity to acquire a substantial multifamily portfolio with immediate cash flow and long-term appreciation potential in one of Southern California’s most coveted rental markets.
The assets in the portfolio can be purchased together or individually.