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1516 Butler Ave, Los Angeles, CA 90025
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1516 Butler Ave Los Angeles, CA 90025

$2,895
  • 2 Beds
  • 2 Baths
  • 1,100 Sq.Ft.
For Lease
$2,895 Get Pre-Qualified
Map preview of 1516 Butler Ave, Los Angeles, CA 90025

Property Overview: 1516 Butler Ave Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,100 living square feet and 6,500 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Light and bright 2 Bed, 2 Bath in prime West LA location! Available for immediate move-in. This lower level unit features include large patio, cohesive floor plan, and 2 car tandem parking. The unit is beautifully updated with hardwood laminate floors throughout with modern fixtures. Landlord pays water and trash.

Listed by Alyshia Assal | BRE #02008610 | Berkshire Hathaway HomeServices California Properties
Last checked: 11 minutes ago | Last updated: July 5th, 2024 | Source CRMLS | DOM: 9

Home details

Lot Sq. Ft
6,500
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Apartment
Status
Active
MLS#
24409331
City
Los Angeles
County
Los Angeles
Time on Site
8 days

Open Houses for 1516 Butler Ave

No upcoming open houses

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Property Details for 1516 Butler Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Tile
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: Multi/Split
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Assigned, Tandem Garage
Lot Information
  • Lot Size Source: Appraiser
Property Information
  • No View
  • View: None
  • Total # of Units: 8
  • Parcel Number: 4261003020
  • Entry Level: 1
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of Santa Monica Blvd. in between Ohio Ave and Iowa Ave
View more facts & features

Local Los Angeles Agent

Sale History for 1516 Butler Ave

Last leased for $2,795 on September 5th, 2022

  • June, 2024

  • Jun 27, 2024

    Date

    Active

    CRMLS: 24409331

    $2,895

    Price

  • September, 2022

  • Sep 5, 2022

    Date

    Leased

    CRMLS: 22192809

    $2,795

    Price

  • Aug 23, 2022

    Date

    Active

    CRMLS: 22192809

    $2,795

    Price

  • Listing provided courtesy of CRMLS

  • August, 2021

  • Aug 17, 2021

    Date

    Leased

    CRMLS: 21724864

    $1,995

    Price

  • Jul 27, 2021

    Date

    Price Change

    CRMLS: 21724864

    $1,995

    Price

  • May 15, 2021

    Date

    Active

    CRMLS: 21724864

    $2,100

    Price

  • Listing provided courtesy of CRMLS

    Light and bright 1 Bed, 1 Bath in prime West LA location! MOVE-IN SPECIALS!!!!! Available for immediate move-in. This upper unit features include large balcony, cohesive floor plan, and secured on-site parking. The unit is beautifully updated with hardwood laminate floors throughout with modern fixtures. Landlord pays water and trash.

  • July, 2021

  • Jul 13, 2021

    Date

    Leased

    CRMLS: 21691980

    $2,395

    Price

  • May 16, 2021

    Date

    Price Change

    CRMLS: 21691980

    $2,395

    Price

  • Mar 3, 2021

    Date

    Price Change

    CRMLS: 21691980

    $2,495

    Price

  • Feb 11, 2021

    Date

    Active

    CRMLS: 21691980

    $2,595

    Price

  • Listing provided courtesy of CRMLS

    Light and bright 2 Bed, 2 Bath in prime West LA location! MOVE-IN SPECIALS!!!!! Available for immediate move-in. This lower level unit features include large patio, cohesive floor plan, and secured on-site parking. The unit is beautifully updated with hardwood laminate floors throughout with modern fixtures. Landlord pays water and trash.

  • March, 2021

  • Mar 23, 2021

    Date

    Canceled

    CRMLS: 20656010

    $2,400

    Price

  • Mar 3, 2021

    Date

    Price Change

    CRMLS: 20656010

    $2,400

    Price

  • Jan 27, 2021

    Date

    Price Change

    CRMLS: 20656010

    $2,550

    Price

  • Nov 30, 2020

    Date

    Active

    CRMLS: 20656010

    $2,595

    Price

  • Listing provided courtesy of CRMLS

    Light and bright 2 Bed,1 Bath in prime West LA location! Available for immediate move-in. Unit features include large balcony, vanity mirrors, and secured on-site parking. The unit is beautifully updated with hardwood laminate floors throughout, new tile in kitchen/bath with modern fixtures. Landlord pays water and trash.

  • September, 2020

  • Sep 12, 2020

    Date

    Canceled

    CRMLS: 20607018

    $2,850,000

    Price

  • Jul 20, 2020

    Date

    Active

    CRMLS: 20607018

    $2,850,000

    Price

  • Listing provided courtesy of CRMLS

    Contact listing agent for full marketing pakage. Prime West L.A. 8-unit building fully occupied and well maintained. Property is within walking distance to trendy Sawtelle Japantown and all the shops along Santa Monica Blvd. The Property features an excellent unit mix of two bedroom, one bedroom and studio units. Per the Seller, both horizontal and vertical water pipes have been re-piped with copper plumbing. The property is separately metered for gas and electricity minimizing the owners expenses. There is also a laundry room for the convenience of the residents and additional monthly income. With significant upside of approximately 48% in rents, a savvy investor will be able to increase the cash flow of the Property and add value to the asset by increasing the rents as the units turnover. Priced at only $356,250/unit, $485/S.F, 3.24% CAP and 18.38 x current low rents. Priced at 12.4 GRM and 5.78% CAP with rents at market.

  • June, 2019

  • Jun 18, 2019

    Date

    Sold (Public Records)

    Public Records

    $2,640,000

    Price

  • December, 2017

  • Dec 8, 2017

    Date

    Expired

    CRMLS: 17258698

    $2,400,000

    Price

  • Aug 18, 2017

    Date

    Withdrawn

    CRMLS: 17258698

    $2,400,000

    Price

  • Aug 7, 2017

    Date

    Active

    CRMLS: 17258698

    $2,400,000

    Price

  • Listing provided courtesy of CRMLS

  • August, 2017

  • Aug 3, 2017

    Date

    Canceled

    CRMLS: 17203794

    $2,400,000

    Price

  • Jul 31, 2017

    Date

    Active

    CRMLS: 17203794

    $2,400,000

    Price

  • Jul 20, 2017

    Date

    Active Under Contract

    CRMLS: 17203794

    $2,400,000

    Price

  • Jul 6, 2017

    Date

    Active

    CRMLS: 17203794

    $2,400,000

    Price

  • Jul 3, 2017

    Date

    Active Under Contract

    CRMLS: 17203794

    $2,400,000

    Price

  • May 23, 2017

    Date

    Price Change

    CRMLS: 17203794

    $2,400,000

    Price

  • May 16, 2017

    Date

    Active Under Contract

    CRMLS: 17203794

    $2,495,000

    Price

  • Apr 10, 2017

    Date

    Active

    CRMLS: 17203794

    $2,495,000

    Price

  • Apr 10, 2017

    Date

    Active Under Contract

    CRMLS: 17203794

    $2,495,000

    Price

  • Mar 22, 2017

    Date

    Price Change

    CRMLS: 17203794

    $2,495,000

    Price

  • Feb 20, 2017

    Date

    Active

    CRMLS: 17203794

    $2,600,000

    Price

  • Listing provided courtesy of CRMLS

    Prime West LA location!

  • December, 2016

  • Dec 2, 2016

    Date

    Sold (Public Records)

    Public Records

    $2,250,000

    Price

Show More

Tax History for 1516 Butler Ave

Assessed Value (2020): $2,693,510
Year Land Value Improved Value Assessed Value
2020 $2,182,800 $510,710 $2,693,510

Home Value Compared to the Market

This property vs the competition

1516 Butler Ave is currently listed for lease in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $772. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment.

About 1516 Butler Ave

Detailed summary of property

1516 Butler Ave is a apartment for lease located in Los Angeles, CA 90025. This apartment offers 2 bedrooms, 2 bathrooms, roughly 1,100 living square feet, and sits on an approximately 6,500 square foot lot. 1516 Butler Ave was first listed on ArdentRealEstateGroup.com on June 28, 2024. The homeowner is currently asking $2,895. Local homes that are currently for sale include 1754 Stoner Ave, 1754 Stoner Ave and 1535 Granville Ave #107. While the average home in Los Angeles, CA is selling in 100 days, 1516 Butler Ave has a days on market of 9 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for lease at 1516 Butler Ave Los Angeles, CA 90025 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1516 Butler Ave

Public county record property details
Beds
8
Baths
10
Year built
1963
Sq. Ft.
5,871
Lot Size
6,499
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
17
APN
4261-003-020

The source for these homes facts are from public records.

90025 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,260,000
Median List Price/Sq.Ft.
$759
Median Sold Price
$995,000
Median Sold Price/Sq.Ft.
$743
Total Inventory
111
Median Sale to List Price %
99.6%
Avg Days on Market
31
Loan Type
Conventional (10.34%), FHA (0%), VA (0%), Cash (13.79%), Other (13.79%)

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(714) 706-1823

Homes for Sale Near 1516 Butler Ave

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Homes for Lease Near 1516 Butler Ave

Nearby Homes for Lease

1449 Butler Ave #5, Los Angeles, CA 90025
$2,395
1 Beds
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1449 Butler Ave #5
Los Angeles, CA 90025
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1539 Purdue #412
Los Angeles, CA 90025
1650 Sawtelle Blvd #406, Los Angeles, CA 90025
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1650 Sawtelle Blvd #406
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1295 Federal Ave #19, Los Angeles, CA 90025
$2,530
2 Beds
1 Baths
750 Sq.Ft.
1295 Federal Ave #19
Los Angeles, CA 90025

Recently Leased Homes Near 1516 Butler Ave

1457 Butler Ave #1, Los Angeles, CA 90025
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1457 Butler Ave #1
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1453 Butler Ave #1, Los Angeles, CA 90025
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1453 Butler Ave #1
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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