1951 Glendon Avenue, Los Angeles, CA, 90025

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$4,500,000
71 Days On Site

1951 Glendon Avenue
Los Angeles, CA 90025

For Sale|Residential Income|Active Under Contract
16
Beds
16
Total Baths
11,981
SqFt
$376
/SqFt
1998
Built
County:
Los Angeles
Listed by Felix Wong of Sunshine Realty fewong989@gmail.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
1951 Glendon Avenue1951 Glendon Avenue1951 Glendon Avenue1951 Glendon Avenue
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Monthly Payment (Est.)

$20,531
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AMAZING PRICE & LOCATION! Discover an unparalleled investment opportunity in this contemporary 8-unit apartment complex (all 2 Bdr + 2 Bath) in prime sought-after Westwood location, held by the same ownership for over two decades, nestled on a beautiful, tree-lined street directly adjacent to premier single-family home district, boasting an exceptionally walkable neighborhood. Built in 1998, the property falls outside the City of Los Angeles' Rent Stabilization Ordinance (non-RSO) and is instead subject to the statewide Tenant Protection Act (AB 1482) a meaningful advantage for ownership, offering considerably more latitude to bring rents to market than is typical for multifamily assets in Westwood. Each residence features one of three thoughtfully designed two-bedroom, two-bath (2+2) configurations, bright and open floorplans, where most units' bedrooms feature en suite bathrooms, each equipped with washer and dryer, central heating and air conditioning, and the peace of mind of a fully sprinklered building. This varied product mix not only broadens tenant appeal, but also mitigates vacancy risk, optimizes rent premiums, and enhances overall portfolio stability. The property recently underwent comprehensive repairs across all residential units, representing an investment of over $250,000, presenting a rare, worry-free acquisition in a submarket where older housing stock frequently carries hidden capital needs. Ideally situated mere minutes from UCLA's academic and cultural hub, Westfield Century City's world-class dining, shopping, and entertainment, and the luxury boutiques of Beverly Hills' Rodeo Drive, with 99 Ranch Market and Whole Foods conveniently close by, this turnkey and easy-to-manage multifamily asset is fully stabilized (zero vacancy) with quality tenants in place, delivering exceptional cash flow and strong rent growth supported by its premier location. Potential ADU upside for a future owner to add a studio or 1-bedroom (buyer to independently verify) and generate more income. With significant embedded rental upside and value-add potential through minor cosmetic or technology enhancements, this boutique multifamily property promises both immediate returns and substantial long-term appreciation.

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Listing Snapshot
Price 
$4,500,000
Days On Site 
71 Days
Bedrooms 
16
Inside Area (SqFt) 
11,981 sqft
Total Baths 
16
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1551 Acres
Year Built 
1998
MLS® Number 
26850603
Status 
Active Under Contract
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
2 months agoStatus changed to Active Under Contract
2 months agoListing first seen on site
General Features
Acres 
0.1551
Garage 
Yes
Levels 
One
Number Of Stories 
3
Parking 
CoveredGarageGatedCommunity StructureTandem
Parking Spaces 
15
Special Circumstances 
Standard
SqFt Total 
11981
Style 
Contemporary
Zoning 
LAR3
Interior Features
Appliances 
DishwasherRefrigeratorDryerWasher
Cooling 
Central Air
Heating 
Central
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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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