7215 Willoughby Avenue
Los Angeles, CA 90046
- – beds
- – baths
- – sqft
- 8,322 sqft lot
- 1930 build
- – on site
First time on the market in over 50 years, 7215 Willoughby Avenue is a rare 16-unit Art Deco multifamily asset located just steps from West Hollywood, near Melrose and La Brea - one of L.A.'s most walkable and high-demand rental corridors. This well-maintained 1930s building offers a desirable mix of studio and one-bedroom units that consistently attract tenants seeking location, affordability, and charm, resulting in historically low vacancy rates. Governed by the City of Los Angeles' more flexible rent control regulations, the property allows for annual CPI-based rent increases and fewer restrictions on owner move-ins and capital passthroughs - offering greater income potential compared to neighboring West Hollywood. Recent capital improvements, including seismic upgrades, dual-pane windows, system-wide enhancements, and a brand-new roof (2024), minimize future maintenance costs and support long-term operational stability. With close proximity to Hollywood, Beverly Hills, Century City, and DTLA, 7215 Willoughby presents an exceptional value-add opportunity with steady cash flow and long-term growth potential in a supply-constrained submarket.
Last checked:
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Last updated Apr 21, 2025
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MLS# 25528193 —
The Building
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Year Built:1930
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New Construction:No
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Building Area Total:11933.00
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Total Number Of Units:16
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# of Buildings:1
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Architectural Style:Spanish
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Stories Total:2
Interior
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Levels:Two
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Entry Location:Main Level
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Window Features:Double Pane Windows
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Room Type:Utility Room
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Fireplace:Yes
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Fireplace:Fire Pit
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Laundry:Community
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Laundry:1
Location
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Directions:From LAX to 7215 Willoughby Avenue, Los Angeles, CA 90046: Take Sepulveda Blvd north and merge onto the I-405 North. Exit onto I-10 East toward Los Angeles. Take the La Brea Avenue exit and head north. Turn right on Willoughby Avenue, the property is located just east of La Brea, near Melrose.
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Latitude:34.08735600
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Longitude:-118.34691500
The Property
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Property Type:Residential Income
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Property Condition:Updated/Remodeled, Repairs Cosmetic, Repairs Major
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Zoning:LAR3
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Lot Features:Landscaped, Lawn
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Lot Size Area:8322.0000
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Lot Size Acres:0.1910
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Lot Size SqFt:8322.00
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View:1
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:5531019009
Heating & Cooling
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Heating:1
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Heating:Central
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Cooling:Yes
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Cooling:Central Air
Appliances
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Appliances:Oven
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Included:Yes
The Community
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:No
Parking
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Parking:Yes
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Parking:Street
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 |
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4/21/25
Apr 21, 2025
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Listed / Active | CRMLS_CA | $4,000,000 |