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Multifamily

1326 Wellesley Ave

1326 Wellesley Ave, Los Angeles, CA 90025

Listing Price: $2,850,000

Cap Rate
4.03%
Number of Units
8
GRM
15.98
Occupancy
100.0%
Price/Unit
$356,250
Price/Gross SF
$449.81
Gross SF
6,336

Investment Overview

1326 Wellesley Ave, a meticulously maintained 8-unit apartment building in the heart of West Los Angeles. The 6,336 sqft building is situated on a 7,361 sqft lot zoned LAR3. This property offers a unit mix comprised of six one-bedroom, one-bathroom, one two-bedroom, two-bathroom, and one townhouse-style two-bedroom one-and-one-half bathroom units. Recent upgrades include brand-new windows and a soft-story earthquake retrofit, ensuring safety and energy efficiency. There is room to park at least three cars in front and five cars in the rear for eight parking spaces. Ideally located within easy reach of local restaurants, grocery stores, and the vibrant West Side neighborhood, this property promises consistent occupancy and significant growth potential.

Investment Highlights

  • Exceptional Location: Offers easy access to Santa Monica, Beverly Hills, and the West Side
  • First time on the market in 40 years, having been meticulously maintained by its current owners
  • Recent upgrades, including earthquake soft story retrofit and brand-new windows
  • WalkScore.com = 86 - 'Very Walkable - Most errands can be accomplished on foot.'

Exclusively Listed By

Financing By

Multifamily

1326 Wellesley Ave

Listing Price: $2,850,000

Cap Rate
4.03%
Number of Units
8
GRM
15.98
Occupancy
100.0%
Price/Unit
$356,250
Price/Gross SF
$449.81
Gross SF
6,336

Investment Highlights

  • Exceptional Location: Offers easy access to Santa Monica, Beverly Hills, and the West Side
  • First time on the market in 40 years, having been meticulously maintained by its current owners
  • Recent upgrades, including earthquake soft story retrofit and brand-new windows
  • WalkScore.com = 86 - 'Very Walkable - Most errands can be accomplished on foot.'

Investment Overview

1326 Wellesley Ave, a meticulously maintained 8-unit apartment building in the heart of West Los Angeles. The 6,336 sqft building is situated on a 7,361 sqft lot zoned LAR3. This property offers a unit mix comprised of six one-bedroom, one-bathroom, one two-bedroom, two-bathroom, and one townhouse-style two-bedroom one-and-one-half bathroom units. Recent upgrades include brand-new windows and a soft-story earthquake retrofit, ensuring safety and energy efficiency. There is room to park at least three cars in front and five cars in the rear for eight parking spaces. Ideally located within easy reach of local restaurants, grocery stores, and the vibrant West Side neighborhood, this property promises consistent occupancy and significant growth potential.

Exclusively Listed By

Financing By

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