1861 Midvale Avenue
Los Angeles, CA 90025
- – beds
- – baths
- – sqft
- 6,500 sqft lot
- 1967 build
- – on site
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.
Last checked:
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Last updated Apr 4, 2025
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MLS# 25517577 —
The Building
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Year Built:1967
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New Construction:No
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Building Area Total:5538.00
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Total Number Of Units:5
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# of Buildings:1
Interior
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Levels:Two
Location
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Directions:West of Westwood Blvd, East of Veteran Ave, North of Olympic Blvd & South of Santa Monica Blvd
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Latitude:34.04779900
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Longitude:-118.43692400
The Property
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Property Type:Residential Income
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Zoning:LAR3
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Lot Size Area:6500.0000
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Lot Size Acres:0.1492
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Lot Size SqFt:6500.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:4323006021
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Carport
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/2/25
Apr 2, 2025
|
Listed / Active | CRMLS_CA | $2,450,000 | |
|
5/2/23
May 2, 2023
|
Listed / Active | CRMLS_CA |
