1812 Westholme Ave | West Los Angeles, CA 90025

Written By Michael Monempour

SALE PRICE: $3,700,000

PRICE/UNIT: $308k          PRICE/SF: $463                  GRM: 12.93                 CAP RATE: 5.01%

TRANSACTION HIGHLIGHTS

  • FIRST time the property has sold or been on the market in over 50 years!

  • AAA+ Prime West LA location adjacent to Century City + Westwood

  • EXCEPTIONAL Value-Add Potential: Approximately 20% upside in market rents

  • SITUATED within walking distance of the renowned Westfield Century City Mall, this property offers easy access to a diverse array of fine dining, shopping and entertainment options.

  • RECENT UPGRADES include a brand new roof, a competed earthquake seismic retrofit and a new electric subpanels

  • EXCELLENT Unit Mix Consisting of (9) 1 Bedroom / 1 Bathroom & (3) Studio Units

  • THREE UNITS delivered vacant at the close of escrow

  • BUYER + SELLER both represented by Michael Monempour

 
Free Property Valuation
Michael Monempour
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