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$2,150,000
New Listing

1861 Midvale Avenue
Los Angeles, CA 90025

For Sale|Residential Income|Active
10
Beds
9
Total Baths
5,538
SqFt
$388
/SqFt
1967
Built
County:
Los Angeles
Listed by Benjamin Lewin of Marcus & Millichap Benjamin.Lewin@marcusmillichap.com

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1861 Midvale Avenue1861 Midvale Avenue1861 Midvale Avenue1861 Midvale Avenue
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1861 Midvale Ave is a well-located five-unit apartment building in the heart of West Los Angeles, just one block south of Santa Monica Blvd and one block west of Westwood Blvd. The property offers an ideal mix of one 1-bed/1-bath unit, three 2-bed/2-bath units, and one 3-bed/2.5-bath unit, supporting strong long-term renter demand. Two of the 2-bed units and the updated 1-bed unit are currently vacant, providing an immediate value-add opportunity to lease at premium market rents. The building has been well maintained, featuring a 2017 roof, completed soft-story retrofit, and four tuck-under parking spaces plus additional driveway parking for at least five cars total. Seller has a recent $28K quote (including permits) for replacement of all electrical panels. With a Walk Score of 90, this location is a "Walker's Paradise," offering easy access to nearby shops, restaurants, grocery stores, and entertainment. With stable in-place income, low maintenance requirements, and approximately 19% remaining rental upside, 1861 Midvale Ave presents a compelling investment opportunity in one of West LA's most consistent multifamily submarkets.

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Listing Snapshot
Price 
$2,150,000
Days On Site 
0 Days
Bedrooms 
10
Inside Area (SqFt) 
5,538 sqft
Total Baths 
9
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1492 Acres
Year Built 
1967
MLS® Number 
25622831
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 hours agoListing updated with changes from the MLS®
10 hours agoListing first seen on site
General Features
Acres 
0.1492
Levels 
Two
Number Of Stories 
2
Parking 
CoveredDriveway
Parking Spaces 
5
Special Circumstances 
Standard
SqFt Total 
5538
Zoning 
LAR3
Interior Features
Cooling 
Wall/Window Unit(s)
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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.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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