Contemporary

1951 Glendon Avenue

Los Angeles , CA 90025

MLS#: 25564751

$6,380,000

Status: Active
Listing number: 25564751
Listing provided by: Sunshine Realty
Listing agent phone: None
Last update: 26 days ago
On site: 3 months ago
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Property

Beds

16

Full Baths

None

1/2 Baths

None

Year Built

1998

Sq.Footage

11,981

Discover an unparalleled investment opportunity in this contemporary 8-unit apartment complex in prime sought-after Westwood location, offered for the first time on the market since its acquisition as a new construction, nestled on a beautiful, tree-lined street directly adjacent to high-end single-family home district, boasting an exceptionally walkable neighborhood. Each residence features one of three thoughtfully designed two-bedroom and two-bath (2+2) configurations, bright and open floorplans, where most unit's bedrooms feature en suite bathroom, each equipped with washer and dryer, central heating and air conditioning, and the peace of mind of a fully sprinklered building. This varied product mix not only broadens tenant appeal - from young professionals to graduate students and small families - but also mitigates vacancy risk, optimizing rent premiums, and enhances overall portfolio stability. Ideally situated mere minutes from UCLA's academic and cultural hub, Westfield Century City's world-class dining, shopping, and entertainment, and the luxury boutiques of Beverly Hills' Rodeo Drive, with 99 Ranch Market and Whole Foods conveniently close by, this turnkey and easy to manage multifamily asset is fully stabilized (no vacancies) with quality tenants in place, delivering exceptional cash flow and strong rent growth supported by its premier location. With value-add potential through minor cosmetic or technology enhancements, this boutique multifamily property promises both immediate returns and long-term appreciation.

Features & Amenities

Interior

  • Total Bedrooms

    16

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Covered, Garage, Gated, Community Structure, Tandem

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.1551

  • Property Type

    Residential Income

  • Architectural Style

    Contemporary

Price

  • Sales Price

    $6,380,000

  • Sq. Footage

    11, 981

  • Price/SqFt

    $532

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • Senior Community YN

    NO

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Listing Courtesy of Felix Wong , Sunshine Realty

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Discover an unparalleled investment opportunity in this contemporary 8-unit apartment complex in prime sought-after Westwood location, offered for the first time on the market since its acquisition as a new construction, nestled on a beautiful, tree-lined street directly adjacent to high-end single-family home district, boasting an exceptionally walkable neighborhood. Each residence features one of three thoughtfully designed two-bedroom and two-bath (2+2) configurations, bright and open floorplans, where most unit's bedrooms feature en suite bathroom, each equipped with washer and dryer, central heating and air conditioning, and the peace of mind of a fully sprinklered building. This varied product mix not only broadens tenant appeal - from young professionals to graduate students and small families - but also mitigates vacancy risk, optimizing rent premiums, and enhances overall portfolio stability. Ideally situated mere minutes from UCLA's academic and cultural hub, Westfield Century City's world-class dining, shopping, and entertainment, and the luxury boutiques of Beverly Hills' Rodeo Drive, with 99 Ranch Market and Whole Foods conveniently close by, this turnkey and easy to manage multifamily asset is fully stabilized (no vacancies) with quality tenants in place, delivering exceptional cash flow and strong rent growth supported by its premier location. With value-add potential through minor cosmetic or technology enhancements, this boutique multifamily property promises both immediate returns and long-term appreciation.

1951 Glendon Avenue

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