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$5,195,000
Est. payment /mo
11 Beds
9 Baths
8,874 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 8,874 sqft
Price per Sqft $585
MLS Listing ID 25591365
Bedrooms 11
HOA Y/N No
Year Built 1982
Lot Size 6,263 Sqft
Property Description
Rare opportunity to acquire a full building consisting of 6 expansive condominiums, including a grand penthouse w/private rooftop terrace. Huge Value Add to sell off the condos individually. Unrenovated condo comps are trading at an average of $849/SF. This translates to a potential of $7,534,000 if the units were sold individually, and this does not factor in any penthouse premium or renovating the comps, which would demand closer to $1,000/SF depending on finishes. Currently configured as 5 units with the top floor apartments combined to create a large owner residence. As each unit is its own SFR, the property is not subject to RSO (buyer to verify). At one of the most exceptional crossroads in Los Angeles, at the foothills of Bel Air, the gateway to Century City, and adjacent to Westwood. The property benefits from immediate access to top-tier amenities, dining, and vibrant neighborhood culture driving strong tenant demand and long-term value appreciation. All apartments feature high ceilings, and loft style layouts. Penthouse has access to multiple private rooftop terraces. Secured 12-car garage.
Location
State CA
County Los Angeles
Area C05 - Westwood - Century City
Interior
Interior Features High Ceilings, Two Story Ceilings
Fireplaces Type Gas
Fireplace Yes
Exterior
Parking Features Gated
Pool None
View Y/N Yes
View City Lights, Hills
Total Parking Spaces 12
Private Pool No
Building
Story 4
Entry Level Three Or More
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID UNAVAILABLE
Special Listing Condition Standard
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Listed by Jacob Zacuto Zacuto Group
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