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1830 Greenfield Ave, Los Angeles, CA 90025
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1830 Greenfield Ave Los Angeles, CA 90025

$9,250,000
  • 35 Beds
  • 35 Baths
  • 24,746 Sq.Ft.
For Sale
$9,250,000 Get Pre-Qualified
Map preview of 1830 Greenfield Ave, Los Angeles, CA 90025

Property Overview: 1830 Greenfield Ave Los Angeles, CA has 35 bedrooms, 35 bathrooms, 24,746 living square feet and 19,851 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: We are pleased to offer for sale a rare 24-unit multi-family investment opportunity ideally located in the heart of LA's vibrant Westside. 1830 Greenfield Avenue, built in 1963 and positioned along a lovely tree lined street, boasts an ideal unit mix consisting of large 1-bedroom and 2-bedroom units. Each of these units is spacious, has a terrific floor plan, and offers an abundance of natural light. The unit mix includes (12) 2-bed, 2-bath units and(12) 1-bed, 1-bath units, and there is significant rental upside in the rents. The property features an idyllic courtyard setting with a fountain, a large lobby, ample parking, and an on-site laundry facility. Owned by the same family for several decades, this trophy asset is situated in an undeniably attractive location that will surely pay long-term dividends to a savvy investor. In close proximity to the high-end dining and nightlife of Century City andBrentwood, this rare offering presents an astute investor with the unique opportunity to establish a significant rental footprint in West LA and to capitalize on higher market rents in one of the best rental locations in all of Los Angeles.

Listed by Jonathan Taksa | BRE #01366169 | Remax Commercial and Investment Realty
Last checked: 13 minutes ago | Last updated: September 23rd, 2024 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
19,851
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24443537
City
Los Angeles
County
Los Angeles
Time on Site
5 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 24
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 11
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,558
  • Total Rent: $28,136
  • Pro Forma/Market Rent: $36,850
Unit Breakdown 2
  • # of Units: 13
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,117
  • Total Rent: $27,523
  • Pro Forma/Market Rent: $32,435
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.49%
  • Gross Rent Multiplier: 13.75
  • Gross Scheduled Income: --
  • Net Operating Income: $415,386
  • Gross Operating Income: $672,900
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 1830 Greenfield Ave

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Property Details for 1830 Greenfield Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 36
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Total # of Units: 24
  • Parcel Number: 4323012039
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Just south of Santa Monica Blvd., near Century City. Prime Westwood adjacent area.
View more facts & features

Local Los Angeles Agent

Sale History for 1830 Greenfield Ave

Last sold on September 13th, 2017

  • September, 2024

  • Sep 23, 2024

    Date

    Active

    CRMLS: 24443537

    $9,250,000

    Price

  • September, 2017

  • Sep 13, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • October, 1997

  • Oct 2, 1997

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1830 Greenfield Ave

Assessed Value (2020): $842,405
Year Land Value Improved Value Assessed Value
2020 $318,324 $524,081 $842,405

Home Value Compared to the Market

This property vs the competition

1830 Greenfield Ave is listed 670.83% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771 and this home is listed at $373.8 per/sqft which puts the price per square foot 51.52% lower than the median price per square foot for the city of Los Angeles.

About 1830 Greenfield Ave

Detailed summary of property

1830 Greenfield Ave is a multi family located in Los Angeles, CA 90025 and is currently for sale. This multi family property offers 35 bedrooms, 35 bathrooms, roughly 24,746 living square feet, and sits on an approximately 19,851 square foot lot. 1830 Greenfield Ave was first listed on ArdentRealEstateGroup.com on September 23, 2024. The homeowner is currently asking $9,250,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $771. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 670.83% higher than the median priced home. Local competing homes currently for sale include 2041 N Vermont Ave, 265 N Oakland Ave and 7531 Knott Ave. While the average home in Los Angeles, CA is selling in 106 days, 1830 Greenfield Ave has a days on market of 5 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 1830 Greenfield 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 1830 Greenfield Ave

Public county record property details
Beds
--
Baths
--
Year built
1963
Sq. Ft.
24,746
Lot Size
19,845
Stories
--
Type
Apartment House (5+ Units)
Pool
Yes
Spa
No
County
Los Angeles
Lot#
9-11
APN
4323-012-039

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
$1,159,000
Median List Price/Sq.Ft.
$745
Median Sold Price
$1,151,000
Median Sold Price/Sq.Ft.
$714
Total Inventory
134
Median Sale to List Price %
97.96%
Avg Days on Market
23
Loan Type
Conventional (13.79%), FHA (0%), VA (0%), Cash (20.69%), Other (10.34%)

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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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