$4,895,000

1677 Westholme Avenue, Los Angeles, CA 90024

  • 12 beds |
  • 12 baths |
  • 11,837 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1963
  • Property Lot Size Icon7,688sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $414/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

1677 Westholme Avenue presents a rare opportunity to acquire a trophy multifamily asset situated on a prominent corner lot in one of Los Angeles' most sought-after rental markets. Built in 1963, this well-maintained, pride-of-ownership property spans approximately 11,837 square feet and features a diverse and highly desirable unit mix consisting of (3) two-bedroom, two-bathroom units, (6) one-bedroom, one-bathroom units, and (1) studio unit. With its commanding corner presence and attractive midcentury architecture, the property boasts exceptional curb appeal that sets it apart from comparable buildings in the area. The property offers long-term investment stability and upside, featuring gated parking, controlled access entry, and on-site laundry facilities. One unit will be delivered vacant at the close of escrow, providing immediate value-add potential. With approximately 21% rental upside, investors have an excellent opportunity to increase cash flow through interior renovations and leasing at market rents. Several units have already been tastefully upgraded with hardwood flooring, stainless steel appliances, and granite countertops, making them highly appealing to today's renters. Perfectly located in the heart of Westwood, 1677 Westholme Avenue is adjacent to West Los Angeles and just minutes from Century City and UCLA, offering unmatched proximity to world-class dining, shopping, and employment hubs. The property is surrounded by multi-million dollar single-family homes, enhancing its prestige and long-term desirability. This corner trophy asset represents an outstanding opportunity to acquire a stabilized, income-producing property with strong fundamentals, proven ownership history, and value-add upside in one of the Westside's most supply-constrained and high-demand submarkets.

Listing Status:
Active
Date Added:
October 8, 2025 at 05:00AM
Listing Office:
Lyon Stahl Investment Real Estate, Inc. : 310-425-9838
Listing Agent:
David Saghian : 818-231-5540
MLS ID:
25603281
  • Appliances: DishwasherRefrigerator
  • A/C: Central Air
  • Heating: Central
  • Parking: GatedParking spaces: 12
  • General: 3
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: LAR34326026023
  • Source: CRMLS_CL

This listing courtesy of David Saghian, 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

F

Fairburn Avenue Elementary School

1403 Fairburn Ave, Los Angeles, CA, 90024

Grades KG-5

0.31 miles away

E

Emerson Community Charter

1650 Selby Ave, Los Angeles, CA, 90024

Grades 6-8

0.31 miles away

U

University High School Charter

11800 Texas Ave, Los Angeles, CA, 90025

Grades 9-12

1.86 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.