2627 S Sepulveda Blvd - Multi-Family FOR SALE


Los Angeles, CA 90064- West Los Angeles
$1,550,000 USD
310-968-5303
2627 S Sepulveda Blvd, Los Angeles, CA for Sale
$1,550,000 USD
Multi-Family - FOR SALE
1/5
null | 5.06% Cap Rate

2627 S Sepulveda Blvd
Los Angeles, CA 90064
West Los Angeles


HIGHLIGHTS

  • 8-unit boutique apartment property built by the Seller's family in 1974
  • Well located asset priced at a great basis of under $200,000 per unit
  • Strong unit mix consisting of 6 larger one-bedroom/one-bath units and 2 studio units with full kitchens
  • Significant rental upside
  • Prime West Los Angeles location with convenient access to Century City, Westwood, Santa Monica, and UCLA, supporting strong long-term rental demand

OVERVIEW

Jonathan Taksa of the Taksa Investment Group is pleased to present 2627 S Sepulveda Blvd, an exceptional opportunity to acquire a meaningful rental footprint at a great basis in the heart of West Los Angeles. Built by the Seller's family in 1974 and located on a 6,600 square foot R3-zoned lot, the property consists of 8 units with a desirable unit mix of 6 larger one-bedroom/one-bath units and 2 studio units with full kitchens. Popular amenities include gated on-site parking, on-site laundry, private outdoor space, air-conditioning units, and excellent natural light. The property offers a rare chance to acquire a well maintained building in a highly sought-after rental corridor.From a location standpoint, the offering is exceptionally well positioned in West Los Angeles, with convenient access to Century City, Westwood, Santa Monica, and UCLA, all of which help support deep and diverse tenant demand. UCLA notes that its main campus is in Westwood, and identifies West LA among the common surrounding neighborhoods tied to the university area. The properties also benefit from proximity to some of the Westside’s most dynamic lifestyle destinations, including the Sawtelle Japantown corridor, which remains one of West LA’s best known dining destinations, as well as the shopping, dining, and entertainment offerings of Westfield Century City and Downtown Santa Monica / Third Street Promenade. For investors seeking scale, rental upside, strong historical ownership and premier Westside location fundamentals, 2627 S Sepulveda Blvd represents an outstanding opportunity to establish or expand a presence in one of Los Angeles’ most proven multifamily markets.

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$251 USD /SF

# OF UNITS

8

PRICE/UNIT

$193,750

CAP RATE

5.06%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8 Units in West LA for Under $200,000/Unit

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1974

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

r#

APN/PARCEL ID

4256-013-042

ASK ABOUT THIS PROPERTY

Jonathan TaksaRE/MAX Commercial & Investment RealtyMore Info
310-968-5303

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Jonathan TaksaRE/MAX Commercial & Investment RealtyMore Info
310-968-5303

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