Los Angeles, CA 90025,1812 Westholme AVE
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Los Angeles, CA 90025,1812 Westholme AVE
Los Angeles, CA 90025,1812 Westholme AVE
Los Angeles, CA 90025,1812 Westholme AVE
Los Angeles, CA 90025,1812 Westholme AVE

$3,700,000

Est. payment /mo

$3,995,000

7.4%
Est.Price: ?

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1812 Westholme AVE Los Angeles, CA 90025

12 Beds

12 Baths

7,994 SqFt

SOLD DATE : 04/08/2025

Key Details

Sold Price $3,700,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 7,994 sqft

Price per Sqft $462

MLS Listing ID 25498139

Sold Date 04/08/25

Bedrooms 12

HOA Y/N No

Year Built 1968

Lot Size 7,579 Sqft

Property Description

Located in the heart of West Los Angeles, adjacent to Century City, 1812 Westholme Ave is a well-maintained 12-unit multifamily property offering both stability and significant upside potential. Built in 1968, the property consists of (10) one-bedroom, one-bathroom units and (2) studio units. Recent capital improvements include a completed seismic retrofit and brand-new electric subpanels, ensuring long-term durability and compliance. The property will be delivered with three vacant units, providing immediate value-add potential. This asset presents an exceptional opportunity for long-term investors, featuring a secured entry, ample on-site parking, and an on-site laundry facility. Several units have been tastefully upgraded with hardwood flooring, stainless steel appliances, and granite countertops, making them highly attractive to tenants. Strategically positioned just moments from Century City Mall, 1812 Westholme Ave offers unparalleled access to premier shopping, dining, entertainment, and major employment centers. With strong in-place income, significant rental appreciation potential, and a desirable tenant base, this property is a rare chance to acquire a prime, income-generating asset in one of Los Angeles' most sought-after neighborhoods.

Location

State CA

County Los Angeles

Area C05 - Westwood - Century City

Zoning LAR3

Interior

Heating Electric

Fireplace No

Exterior

Parking Features Driveway Down Slope From Street

Total Parking Spaces 12

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4317004021

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Michael Monempour • Lyon Stahl Investment Real Estate, Inc.
Bought with Michael Monempour • Lyon Stahl Investment Real Estate, Inc.
agent

Madison Bovenkamp-Andrade

Realtor | Listing Specialist | 02163377 | License ID: #02163377

+1(951) 553-1961

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