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Located in a prime, walkable pocket of West LA, 1615 Greenfield Ave offers a rare 14-unit value-add opportunity near UCLA, Century City, Santa Monica, and Sawtelle Japantown. The property features a desirable mix of two- and three-bedroom units, gated entry, and dedicated parking highly sought-after amenities in this dense rental market. With current rents below market, investors can unlock upside through unit renovations and common area upgrades. Operating under fee simple ownership, utilities include separately metered electric and master-metered water and gas (for central water heating). This is a strong long-term hold with durable cash flow and appreciation potential in one of LA's most supply-constrained submarkets.
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Listing Snapshot
Price
$8,300,000
Days On Site
13 Days
Bedrooms
32
Inside Area (SqFt)
18,385 sqft
Total Baths
25
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.3279 Acres
Year Built
1962
MLS® Number
25554831
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
2 weeks ago
Listing updated with changes from the MLS®
2 weeks ago
Listing first seen on site
General Features
Acres
0.3279
Garage
Yes
Number Of Stories
3
Parking
DrivewayGarage
Parking Spaces
25
Special Circumstances
Standard
SqFt Total
18385
Stories
Three Or More
Zoning
LAR3
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Exterior Features
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Community Features
MLS Area
C05 - Westwood - Century City
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.