$2,795,000

1246 S Saltair Avenue, Los Angeles, CA 90025

  • 8 beds |
  • 8 baths |
  • 4,320 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1958
  • Property Lot Size Icon6,861sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $647/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

1246 S Saltair Avenue is a charming 8-unit multifamily property located in the heart of West Los Angeles, adjacent to Brentwood. One renovated unit will be delivered VACANT at close of escrow. Built in 1955/1958, the property consists of two separate structures, each containing four one-bedroom, one-bathroom units averaging 540 square feet each. A thoughtfully designed courtyard connects the two buildings, creating a central community garden for residents. The property benefits from a series of recent capital improvements that enhance both livability for tenants and long-term stability for ownership. Five of the eight units have been remodeled within the past three years including new wall heaters, one unit in the front structure includes a mini-split HVAC system, and all 8 units are equipped with their own separate water heater. The drain lines were replaced under the back building and a new sewer main line was installed. Plus there have been electrical panel upgrades for every unit, new dual-pane vinyl windows installed throughout, and a full exterior repaint was completed last year. Additional amenities include seven dedicated parking spaces: five uncovered at the rear and one on each side of the front of the property, along with a building-owned on-site laundry facility that provides convenience for residents while generating supplemental income for ownership. The property is ideally located in a highly sought-after West Los Angeles neighborhood. Residents enjoy close proximity to Sawtelle Japantown, known for its diverse dining options including Tsujita LA Artisan Noodle, Daikokuya, and Sushi Tsujita, along with a variety of boutique shops and cafes. The property is also minutes from Westfield Century City, cultural attractions such as the Hammer Museum and UCLA, and just a short drive to the beaches of Santa Monica. With direct access to Century City, Beverly Hills, and Santa Monica employment hubs, as well as convenient transportation options via the I-405 and Metro Expo Line, the property is well positioned to attract strong and stable tenant demand. With its prime Westside location, extensive recent upgrades, and strong area fundamentals, 1246 S Saltair Avenue presents investors with the opportunity to acquire a well-maintained, cash-flowing asset in one of Los Angeles' most desirable rental submarkets.

Listing Status:
Active
Date Added:
September 25, 2025 at 05:00AM
Listing Office:
Lyon Stahl Investment Real Estate, Inc. : 310-425-9838
Listing Agent:
Jake Glaser : 310-494-6368
MLS ID:
25597729
  • Heating: Wall Furnace
  • Parking: DrivewayUncoveredParking spaces: 7
  • General: 2
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: LAR34263005053
  • Source: CRMLS_CL

This listing courtesy of Jake Glaser, Lyon Stahl Investment Real Estate, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Brockton Avenue Elementary

1309 Armacost Ave, Los Angeles, CA, 90025

Grades KG-5

0.10 miles away

E

Emerson Community Charter

1650 Selby Ave, Los Angeles, CA, 90024

Grades 6-8

1.79 miles away

U

University High School Charter

11800 Texas Ave, Los Angeles, CA, 90025

Grades 9-12

0.24 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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