1621 Manning Ave - Apartments FOR SALE


Los Angeles, CA 90024- Westwood
$2,650,000 USD
310-940-8749
1621 Manning Ave, Los Angeles, CA for Sale
$2,650,000 USD
Apartments - FOR SALE
1/23
null | 1.98% Cap Rate

1621 Manning Ave
Los Angeles, CA 90024
Westwood


HIGHLIGHTS

  • Mid-Century Westwood triplex located in the Fairburn School District and minutes from UCLA, Westfield Century City, and Beverly Hills.
  • VACANT 2-bdrm. and 2-bath owner's unit with wood flooring, large bay windows, French doors, and large back patio.
  • At the rear, 2 well-sized 1-bdrm. units feature private patios or balconies. Please note, 1 of the 1-bdrm. units is VACANT.
  • A 2-car garage, 1-car garage, and a sizable surface parking area offer ample parking for residents.
  • Westwood is synonymous with prestige, safety, and convenience, minutes from UCLA, Westfield Century City, Beverly Hills, and offices along Wilshire.
  • Prime opportunity for an owner-user or investor seeking an asset in one of LA’s safest and most desirable neighborhoods.

OVERVIEW

Opportunities like this don’t come around often. Nestled on a quiet, tree-lined street in one of LA’s most prestigious neighborhoods, 1621 Manning Avenue is a rare find, a classic Westwood triplex with incredible owner-user potential, timeless character, and a location that puts you minutes from everything. Set atop a gentle hill, the property exudes charm from the moment you arrive. The lush front yard is beautifully landscaped with mature trees providing ample shade, vibrant floral arrangements, and manicured shrubs that create a serene, private setting. The VACANT owner’s unit, a spacious 2-bdrm. and 2-bath home, features wood flooring, large bay windows, and French doors that flood the interiors with natural light, making the space feel even more expansive. At the rear, 2 well-sized 1-bdrm. and 1-bath units each feature private patios or balconies, offering added outdoor space for tenants. Please note, 1 of the 1-bdrm. units is VACANT. A 2-car enclosed garage, a 1-car enclosed garage, and a large surface parking area provide ample parking. Westwood is synonymous with prestige, safety, and convenience. Located within the coveted Fairburn School District, the property is just minutes from UCLA, Westfield Century City, Beverly Hills, and the high-powered financial, law, and entertainment firms that line Wilshire Blvd. The neighborhood attracts a strong tenant base of professionals who appreciate the suburban feel while being in the heart of West LA. With two units delivered vacant, including the front owner’s unit, this is a prime opportunity for an owner-occupant or investor seeking a trophy asset in one of Los Angeles’ safest and most desirable neighborhoods.

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$949 USD /SF

# OF UNITS

3

PRICE/UNIT

$883,333

CAP RATE

1.98%

% LEASED

33%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

67% Vacant Westwood Triplex, 1 Mile from UCLA

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1948

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,464 SF

ZONING

LAR3

APN/PARCEL ID

4325-032-005

ASK ABOUT THIS PROPERTY

Kenny StevensCompassMore Info
310-940-8749

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Kenny StevensCompassMore Info
310-940-8749

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.