Multifamily
7215 Willoughby Ave
7215 Willoughby Ave, Los Angeles, CA 90046
Listing Price: $4,000,000
Investment Overview
Marcus and Millichap is pleased to present the opportunity to acquire 7215 Willoughby Ave, a 16-unit multifamily apartment building located in the highly desirable 90046 zipcode of Los Angeles.
7215 Willoughby Ave
Investment Highlights
- First Time on the Market in Over 50 Years – Significant Value-Add Opportunity!
- Offers investors substantial upside in rental income!
- Excellent unit mix of studio and one-bedroom units—highly desirable in today's rental market.
- Subject to the City of Los Angeles' less stringent rent control regulations compared to neighboring West Hollywood.
- Charming 1930s Art Deco construction with thoughtfully preserved vintage details, including original decorative tile flooring and architectural accents that showcase the building's historic character.
- On-site laundry facilities for tenant convenience.
- Significant Capital Improvements Completed in 2005 — Including seismic foundation bolting, structural repairs, and upgraded dual-pane windows in all units and a new balcony door.
- Modernized electrical and plumbing infrastructure throughout the building and a brand-new roof installation completed in July 2024.
Exclusively Listed By
Listing Price: $4,000,000
Investment Highlights
- First Time on the Market in Over 50 Years – Significant Value-Add Opportunity!
- Offers investors substantial upside in rental income!
- Excellent unit mix of studio and one-bedroom units—highly desirable in today's rental market.
- Subject to the City of Los Angeles' less stringent rent control regulations compared to neighboring West Hollywood.
- Charming 1930s Art Deco construction with thoughtfully preserved vintage details, including original decorative tile flooring and architectural accents that showcase the building's historic character.
- On-site laundry facilities for tenant convenience.
- Significant Capital Improvements Completed in 2005 — Including seismic foundation bolting, structural repairs, and upgraded dual-pane windows in all units and a new balcony door.
- Modernized electrical and plumbing infrastructure throughout the building and a brand-new roof installation completed in July 2024.
Investment Overview
Marcus and Millichap is pleased to present the opportunity to acquire 7215 Willoughby Ave, a 16-unit multifamily apartment building located in the highly desirable 90046 zipcode of Los Angeles.
Exclusively Listed By
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