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Multifamily

1615 Greenfield Ave, Los Angeles, CA 90025

1615 Greenfield Ave, Los Angeles, CA 90025

Listing Price: $8,300,000

Cap Rate
5.13%
Number of Units
14
GRM
12.70
Occupancy
78.6%
Price/Unit
$592,857
Price/Gross SF
$451.45
Gross SF
18,385

Investment Overview

Ideally located in a quiet, walkable pocket of West Los Angeles, 1615 Greenfield Ave presents a rare opportunity to acquire a 14-unit multifamily asset in one of LA’s most desirable and supply-constrained submarkets. Just minutes from UCLA, Century City, Santa Monica, and the vibrant Sawtelle Japantown corridor, the property offers residents unmatched convenience to major employment centers, academic institutions, and entertainment hubs.

The building features a well-balanced unit mix of spacious two- and three-bedroom floor plans, catering to a strong tenant base of professionals, graduate students, and long-term renters. Residents benefit from controlled access and dedicated parking—sought-after amenities in this dense Westside neighborhood.

With current rents below market, the property offers significant value-add potential through interior renovations and common area upgrades, enabling a clear path to rental upside and repositioning.

Given its prime location, solid fundamentals, and upside potential, 1615 Greenfield Ave represents an exceptional long-term investment with stable cash flow and strong appreciation prospects.

Investment Highlights

  • Prime West LA Location – Quiet, walkable area near UCLA, Century City, Santa Monica, and Sawtelle Japantown, with easy access to the 405 and 10 Freeways.
  • Strong Unit Mix – Spacious two- and three-bedroom layouts ideal for professionals, students, and long-term tenants.
  • Secure Access & Parking – Gated entry and dedicated parking in a high-demand neighborhood.
  • Value-Add Upside – Below-market rents with potential for interior and common area upgrades.
  • Long-Term Growth – Positioned for stable cash flow and appreciation in a supply-constrained submarket near major employers and institutions.

Exclusively Listed By

Multifamily

1615 Greenfield Ave, Los Angeles, CA 90025

Listing Price: $8,300,000

Cap Rate
5.13%
Number of Units
14
GRM
12.70
Occupancy
78.6%
Price/Unit
$592,857
Price/Gross SF
$451.45
Gross SF
18,385

Investment Highlights

  • Prime West LA Location – Quiet, walkable area near UCLA, Century City, Santa Monica, and Sawtelle Japantown, with easy access to the 405 and 10 Freeways.
  • Strong Unit Mix – Spacious two- and three-bedroom layouts ideal for professionals, students, and long-term tenants.
  • Secure Access & Parking – Gated entry and dedicated parking in a high-demand neighborhood.
  • Value-Add Upside – Below-market rents with potential for interior and common area upgrades.
  • Long-Term Growth – Positioned for stable cash flow and appreciation in a supply-constrained submarket near major employers and institutions.

Investment Overview

Ideally located in a quiet, walkable pocket of West Los Angeles, 1615 Greenfield Ave presents a rare opportunity to acquire a 14-unit multifamily asset in one of LA’s most desirable and supply-constrained submarkets. Just minutes from UCLA, Century City, Santa Monica, and the vibrant Sawtelle Japantown corridor, the property offers residents unmatched convenience to major employment centers, academic institutions, and entertainment hubs. The building features a well-balanced unit mix of spacious two- and three-bedroom floor plans, catering to a strong tenant base of professionals, graduate students, and long-term renters. Residents benefit from controlled access and dedicated parking—sought-after amenities in this dense Westside neighborhood. With current rents below market, the property offers significant value-add potential through interior renovations and common area upgrades, enabling a clear path to rental upside and repositioning. Given its prime location, solid fundamentals, and upside potential, 1615 Greenfield Ave represents an exceptional long-term investment with stable cash flow and strong appreciation prospects.

Exclusively Listed By

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