
1861 Midvale Ave Los Angeles, CA 90025
West Los Angeles NeighborhoodEstimated payment $15,137/month
About This Home
Motivated Seller * - Located in the heart of West Los Angeles, adjacent to Westwood, 1861 Midvale is a well-maintained five-unit multifamily property that presents significant upside potential. Built in 1967,this charming building features a unit mix comprised of one 3-bedroom, 2.5-bathroom unit, three 2-bedroom, 2-bathroom units, and one 1-bedroom, 1-bathroom unit. With three units currently vacant, there is immediate value-add potential to enhance rental income. This asset presents an exceptional opportunity for long-term investors, featuring a secured entry, ample on-site parking, and an on-site laundry facility. Several units have been tastefully upgraded with hardwood flooring, stainless steel appliances, and granite countertops, making them highly attractive to tenants. The property is ideally situated just moments from renowned shopping, dining, and entertainment options, offering unparalleled access to the vibrant Westwood community and major employment centers. This asset provides a unique opportunity for investors looking to capitalize on the potential for rental improvements. With a desirable tenant base and the promise of future income growth, 1861 Midvale is a rare chance to acquire a prime, value-add asset in one of Los Angeles' most sought-after neighborhoods.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1967
Parking
- Carport
Interior Spaces
- 5,538 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 10 Bedrooms
- 9 Bathrooms
Additional Features
- 6,500 Sq Ft Lot
- Heating System Mounted To A Wall or Window
Community Details
- 5 Units
Listing and Financial Details
- Assessor Parcel Number 4323-006-021
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/23/2025 04/23/25 | Price Changed | $2,300,000 | -6.1% | $415 / Sq Ft |
03/27/2025 03/27/25 | For Sale | $2,450,000 | -- | $442 / Sq Ft |
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Source: The MLS
MLS Number: 25517577

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