1844 Thayer Ave - Apartments FOR SALE


Los Angeles, CA 90025- West Los Angeles
$4,700,000 USD
310-872-8004
1844 Thayer Ave, Los Angeles, CA for Sale
$4,700,000 USD
Apartments - FOR SALE
1/2
null | 5% Cap Rate

1844 Thayer Ave
Los Angeles, CA 90025
West Los Angeles


OVERVIEW

This exceptional 7-unit, 4-story property built in 1989 is being offered by its original owners for the first time, situated on a 6,739 SF lot with approximately 11,200 net rentable square feet and subterranean parking. The thoughtfully designed unit mix includes three luxury 2-bedroom/2-bathroom units, three 2-bedroom/2.5-bathroom units (all with laundry closets), and a spectacular 3,400 SF luxury penthouse featuring private elevator access, sculptured ceilings, spa-like master bathroom with his-and-hers water closets, oversized whirlpool tub, dual walk-in closets, den/bar, 3 fireplaces, and sweeping Century City views—ideal as an owner’s residence. With two units currently vacant,this meticulously maintained property offers immediate lease-up potential and income growth opportunity in a high-demand rental market with strong appreciation potential, or a new place to call home for an owner-occupier.

FOR SALE DETAILS

PRICE

$4,700,000 USD

PRICE/SF

$268 USD /SF

# OF UNITS

7

PRICE/UNIT

$671,429

CAP RATE

5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1989

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,739 SF

ZONING

LAR3

APN/PARCEL ID

4317-003-025

ASK ABOUT THIS PROPERTY

310-872-8004

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310-872-8004

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