Multifamily
1861 Midvale Ave
1861 Midvale Ave, Los Angeles, CA 90025
Listing Price: $2,500,000
Investment Overview
1861 Midvale Ave is a five-unit apartment building in the heart of Westwood, offering an unbeatable location. The unit mix comprises one one-bedroom, three two-bedroom, and one three-bedroom units, ensuring a solid demand from various renters. Additionally, with a Walk Score of 93, this property is a 'Walker's Paradise,' making daily errands achievable without a car. Tenants will enjoy the convenience of walking to nearby shops, restaurants, and entertainment options. This property presents a good investment opportunity with low maintenance costs and a reliable cash flow, with over 40% rental upside.
1861 Midvale Ave
Investment Highlights
- WESTWOOD LOCATION Demands Premium Rents w/ Local High Pay Jobs - Avg. Household Income $159,582 - One Block South of Santa Monica Blvd & One Block West of Westwood Blvd
- COURTYARD STYLE Property on 6,498SF Lot Zoned LAR3 Consisting of One 1-Bedroom, Three 2-Bedroom, and One 3-Bedroom Units
- HIGH INCOMES - Educational attainment translates into a median household income that is well above the national average
- WELL-EDUCATED WORKFORCE - 72.2% of the area's residents have earned a bachelor's or graduate degree
- IN CLOSE PROXIMITY to UCLA, Century City, and Beverly Hills.
- MAJOR EMPLOYERS nearby include: UCLA, UCLA Medical Center, Sony, Fox, & Live Nation Entertainment
- WALKSCORE.com = 93 - 'Walker's Paradise - Daily errands do not require a car.'
Exclusively Listed By
Financing By
Listing Price: $2,500,000
Investment Highlights
- WESTWOOD LOCATION Demands Premium Rents w/ Local High Pay Jobs - Avg. Household Income $159,582 - One Block South of Santa Monica Blvd & One Block West of Westwood Blvd
- COURTYARD STYLE Property on 6,498SF Lot Zoned LAR3 Consisting of One 1-Bedroom, Three 2-Bedroom, and One 3-Bedroom Units
- HIGH INCOMES - Educational attainment translates into a median household income that is well above the national average
- WELL-EDUCATED WORKFORCE - 72.2% of the area's residents have earned a bachelor's or graduate degree
- IN CLOSE PROXIMITY to UCLA, Century City, and Beverly Hills.
- MAJOR EMPLOYERS nearby include: UCLA, UCLA Medical Center, Sony, Fox, & Live Nation Entertainment
- WALKSCORE.com = 93 - 'Walker's Paradise - Daily errands do not require a car.'
Investment Overview
1861 Midvale Ave is a five-unit apartment building in the heart of Westwood, offering an unbeatable location. The unit mix comprises one one-bedroom, three two-bedroom, and one three-bedroom units, ensuring a solid demand from various renters. Additionally, with a Walk Score of 93, this property is a 'Walker's Paradise,' making daily errands achievable without a car. Tenants will enjoy the convenience of walking to nearby shops, restaurants, and entertainment options. This property presents a good investment opportunity with low maintenance costs and a reliable cash flow, with over 40% rental upside.
Exclusively Listed By
Financing By
