1025 Granville Ave - Apartments FOR SALE


Los Angeles, CA 90049- West Los Angeles
$8,760,000 USD
323-515-8302
1025 Granville Ave, Los Angeles, CA for Sale
$8,760,000 USD
Apartments - FOR SALE
1/10
null | 4.26% Cap Rate

1025 Granville Ave
Los Angeles, CA 90049
West Los Angeles


HIGHLIGHTS

  • Prime Brentwood location with high-income demographics
  • Significant rental upside potential (~21%)
  • Favorable Unit mix - mostly two bedrooms
  • Excellent frontage on a 15,749 SF corner lot (R3 zoning)
  • Secured access, gated parking, laundry facilities, and pool
  • Convenient access to Santa Monica, Westwood, Century City, and the 405 Freeway

OVERVIEW

Arbor Realty Capital Advisors is pleased to present a rare investment opportunity to acquire a 20-unit multifamily apartment building located in the highly sought-after Brentwood neighborhood of West Los Angeles. Situated in one of the city's most prestigious and stable rental submarkets, the property combines consistent income generation with long-term capital appreciation potential. Located on the prominent northwest corner of Granville Avenue and Kiowa Avenue, just north of Wilshire Boulevard, this prime corner-lot property spans 15,749 square feet (R3-zoned) with an expansive 18,074 square feet of improvements. The location earns a Walk Score of 84 (“Very Walkable”), with tenants enjoying easy access to a vibrant mix of local restaurants, shops, markets, and the popular Brentwood Farmers Market, held weekly. Built in 1963 and held by the same family for decades, the two-story building features a desirable unit mix consisting of: (5) 1 Bed / 1 Bath, (1) 2 Bed / 1 Bath, (10) 2 Bed / 2 Bath, and (4) 2 Bed / 1.5 Bath Townhomes. Property amenities include secured entry, 21 gated parking spaces, an on-site laundry facility, and a charming central courtyard with a sparkling pool—all of which enhance tenant appeal and retention. This asset represents a rare value-add opportunity in an A+ location, with rental upside potential estimated at 21%+. Investors can capitalize on operational efficiencies and interior renovations to reposition the property and maximize cash flow in one of LA’s most stable and appreciating neighborhoods.1025 Granville Avenue offers a compelling blend of location, scale, and upside, making it an exceptional opportunity for investors seeking long-term value in West Los Angeles.

FOR SALE DETAILS

PRICE

$8,760,000 USD

PRICE/SF

$485 USD /SF

# OF UNITS

20

PRICE/UNIT

$438,000

CAP RATE

4.26%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

LAR3

APN/PARCEL ID

4265-015-034

ASK ABOUT THIS PROPERTY

Matthew DobsonArbor Realty Capital Advisors, Inc.More Info
323-515-8302

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Matthew DobsonArbor Realty Capital Advisors, Inc.More Info
323-515-8302

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.