Los Angeles, CA 90025,1625 Butler Ave
Los Angeles, CA 90025,1625 Butler Ave
Los Angeles, CA 90025,1625 Butler Ave
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Wed
10
Sep
Thu
11
Sep
Fri
12
Sep
$5,125,000
Est. payment /mo
14 Beds
17 Baths
12,759 SqFt
Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,759 sqft

Price per Sqft $401

MLS Listing ID 25589543

Bedrooms 14

Year Built 2001

Lot Size 6,992 Sqft

Acres 0.1606

Property Sub-Type Multi-Family

Property Description

We are pleased to present 1625 S Butler Avenue, a rare opportunity to acquire a 2001 construction multifamily asset in the heart of West Los Angeles. Priced at only $401 per square foot, this property combines desirable unit layouts, modern amenities, and a highly sought-after location, making it an exceptional long-term investment. With a current 14.25 GRM and 4.00% cap rate, the property offers both immediate income and strong appreciation potential.The property is comprised of seven oversized two-bedroom units and three studio units, catering to a broad tenant base. Residences feature private balconies and central air conditioning and heating for year-round comfort. The building is further enhanced by modern conveniences including an elevator and trash chute, as well as 15 secure parking spaces, offering residents both convenience and peace of mind. The property is not subject to City of Los Angeles rent control. Instead, it falls under the preferable AB1482 framework, which permits annual rent increases of 5% plus CPI (capped at 10%). Located just minutes from Sawtelle Japantown, Westwood, Santa Monica, Century City, and Brentwood, the property provides residents unmatched access to some of Los Angeles' most dynamic employment centers, shopping destinations, and lifestyle amenities. This central Westside location ensures consistent rental demand and long-term stability.With its modern construction, spacious unit mix, and prime West LA location, 1625 S Butler Avenue represents a premier opportunity to secure a high-quality multifamily investment in one of Los Angeles' most competitive rental markets

Location

State CA

County Los Angeles

Area West L.A.

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Equipment Range/Oven, Elevator

Exterior

Parking Features Gated

Garage Spaces 15.0

Building

Story 4

Sewer In Street

Water Public

Level or Stories Three Or More

Others

Special Listing Condition Standard


Read Less Info
TheMLS (CLAW)
Listed by Realty Investment Advisors, Inc.

GET MORE INFORMATION

Name

Phone*

Message

Kirshner Elkin Properties

+1(424) 214-0133

hello@kirshnerelkinproperties.com

original_355e300d-2f46-42e1-9f79-a73b0ca9d5fb