[ajax-data]{"title":"","body-class":["listing-template-default","single","single-listing","postid-2815"]}[/ajax-data]

14 UNITS | WEST LA
$5,500,000

Sold
  • Summary
  • Location
  • Amenities

Realty Investment Advisors is thrilled to present an extraordinary investment opportunity in the heart of prime West LA on Greenfield Ave. Boasting an extra-large 13,242 SF lot, this multi-family property features 14 units within a 13,804 SF building, offering a superb unit mix of spacious one, two, and three-bedroom layouts to generate substantial rental income for investors.

Originally constructed in 1965, this property is being delivered 100% vacant, offering the perfect opportunity for value-add investors to renovate and improve the units to unlock their full potential. With the five-year Ellis Act expiration date in December 2023, investors have the opportunity to re-occupy at market rental rates, allowing them to maximize their return on investment and generate long-term income streams.

Located in the heart of West LA, this property offers easy access to a wide range of amenities. Tenants can take a stroll to Sawtelle Blvd, where you’ll find an array of trendy shops, restaurants, and cafes, offering some of the city’s finest cuisine. Experience the thriving culinary scene at night markets or relax and watch a movie at the nearby Landmark Theater.

Conveniently located near public transportation and major highways, this property provides easy access to everything that the city has to offer. Enjoy quick access to the 405 and 10 freeways, which take you to popular destinations such as Santa Monica, Culver City, and Downtown LA.

Investors can take advantage of the property’s strategic location just 2 miles south of the UCLA campus and maximize their return on investment by capitalizing on the tremendous West LA rental demand.

This exceptional property presents a rare and lucrative opportunity for investors to own a prime West LA investment property, combining an excellent location and the potential for significant returns. With its vacant status and the upcoming Ellis Act expiration date, this property is a diamond in the rough, waiting to be polished and transformed into an outstanding investment opportunity. Don’t miss out on this unique chance to own a prime piece of West LA real estate!

 

  • Prime West LA location
  • Spacious 1, 2, and 3-bedroom layouts
  • 2 miles south of UCLA Campus
  • Extra-large 13,242 SF lot
  • Near trendy shops, restaurants, and cafes on Sawtelle Blvd
  • Convenient access to 405 and 10 freeways

Property Evaluation

get your property evaluated


Evaluate Now

Current Listings

For Sale

REDUCED – 6 UNITS | LOS ANGELES

Realty Investment Advisors is proud to present 1296 South Citrus Avenue, a prime 6 unit investment opportunity in the coveted Mid-Wilshire submarket! This property, boasting 1927 construction, offers a unique blend of vintage charm and modern potential. Situated on a spacious 7,052 square foot corner lot, the subject property features six generously sized one-bedroom, one-bathroom…


Read More
For Sale

NEW – 2 UNITS | SAWTELLE

Introducing an extraordinary urban retreat nestled in the vibrant heart of Sawtelle! This exceptional property comprises two free-standing homes on a corner lot. The front residence, built in 1921, features 2 bedrooms, 1 bathroom, a versatile den and a sunroom. This home offers an in-unit washer/dryer, hardwood floors, and a recently upgraded bathroom. The convenient…


Read More
For Sale

85 UNITS | DEVELOPMENT NEAR DTLA

Realty Investment Advisors is proud to present a rare opportunity for a developer to acquire an 85-unit, seven-story development project situated in the vibrant Westlake district, just minutes away from Downtown Los Angeles. This remarkable offering encompasses three assembled lots, totaling 19,896 square feet of prime land. The proposed development spans an impressive 64,309 square…


Read More
Under Contract

17 UNITS | WEST HOLLYWOOD

Realty Investment Advisors is pleased to introduce for sale 540 N. Orlando, a 17-unit property in the heart of West Hollywood. Offering large unit types in a prime location with walkable retail and dining options, the building consists of an ideal unit mix of (1) 3 bedroom 2 bath unit, (11) two bedroom 2 bath…


Read More
For Sale

REDUCED – SHOPPING CENTER | LOS ANGELES

First time on the market in over 35 years! Three parcels spanning ±46,000 SF of land ±169 feet of frontage along W. Adams Blvd- Encompassing nearly 1 entire block Corner lot with excellent visibility (4) points of ingress/ egress Pylon sign along W. Adams Blvd. Only 1.5 miles from the University of Southern California Abundant…


Read More
For Sale

8 UNITS | WESTCHESTER

We are delighted to present an exceptional, fully vacant eight-unit property in the thriving Westchester neighborhood of Los Angeles. This unique investment opportunity, sprawled across a double-wide lot, consists of two spacious three-bedroom one bath units and six two-bedroom one units, perfect for transformation into high-quality living spaces. Along with its potential for renovation, the…


Read More
For Sale

NEW – 7 UNITS | ARCADIA

We are pleased to present for sale this 7 unit condo style apartment building in prime Arcadia. Offered for the first time ever on the market by the original owner/developer of the property, this is an extremely rare opportunity for an investor to acquire a 2004 construction quality asset in a thriving rental market. Situated…


Read More
For Sale

4 UNITS | ARCADIA

Realty Investment Advisors is pleased to present the sale of 16 W Newman Avenue, an exquisite fourplex nestled in the heart of Arcadia. This property comprises of all two-bedroom, one-bath units, offering a unique opportunity for a buyer to live in one unit while having the other three tenants help pay your mortgage!! With a…


Read More
Under Contract

23 UNITS | DEVELOPMENT IN PASADENA

Realty Investment Advisors is pleased to present a unique opportunity to acquire an entitled development site for a 23-unit apartment complex located at 130-140 N. Mar Vista Avenue in Pasadena.  Expertly designed by the well-known Tighe Architecture firm, the proposed project would include 13 two-bedroom two-bath units, 9 one-bedroom one-bath units, and a studio on-bath…


Read More
For Sale

62 UNIT RTI DEVELOPMENT | ECHO PARK

We are proud to bring to market this 62 unit development opportunity being delivered with RTI (Ready to Issue) plans in prime Echo Park!!! Situated on 25,827 square feet of land on 8 contiguous parcels, the well-designed plans feature a mix of (44) two bedroom 2 bath units, (17) one bedroom one bath units and…


Read More