1231 Devon AV
Los Angeles, CA, 90024
$1,750,000
Beds
0 Baths
0 SqFt
0.12 Acres
Add
MLS #SB26121365 image #0
You will not find a better-priced three-unit property in West LA, and the location is impeccable, situated next to the Los Angeles Country Club on a corner lot. DO NOT MISS THIS DEAL. It will sell fast.

The owner priced it to sell quickly. An identical building recently sold for approximately $300,000 more and generated less income.

Positioned in the heart of Westwood, 1231 Devon Ave presents a rare opportunity to acquire a premier Westside asset with immediate cash flow and substantial value-add potential. The property consists of three spacious units totaling 3,195 SF, with an attractive unit mix of two 2-bedroom units and one 1-bedroom unit.

The real story here is the ADU upside. Ownership has identified the potential to add three additional units consisting of two 1+1 ADUs and one 2+2 ADU (buyer to verify), creating a unique opportunity to significantly increase rental income and overall property value in one of the most desirable rental markets in Los Angeles.

Just minutes from UCLA, this property is also an ideal opportunity for parents with a son or daughter attending the university. Why pay rent when you can own a cash-flowing Westwood triplex, provide housing for your student, and benefit from one of the strongest rental markets in Southern California?

Located near UCLA, Century City, Beverly Hills, and Westwood Village, the property benefits from exceptional tenant demand and long-term appreciation potential. Whether you’re looking for stable income today or a value-add opportunity with substantial upside through future ADU development, 1231 Devon Ave offers both. Opportunities to acquire a corner-lot Westwood property with this combination of location, income, and ADU potential are exceptionally rare.

Property Details

Price:
$1,750,000
MLS #:
SB26121365
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Triplex
Neighborhood:
c05westwoodcenturycity
Listed Date:
Jun 4, 2026
Total Sq Ft:
3,195
Lot Size:
5,160 sqft / 0.12 acres (approx)
Year Built:
1947
C05 – Westwood – Century CityC05westwoodcenturycitySee Remarks

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Schools

Interior

Appliances
GO, GR, GS
Cooling
SEE
Laundry Features
SEE
Levels
U

Exterior

Common Walls
_1CW
Community Features
SUB, GOLF, PARK, HIKI, BIKI
Garage Spaces
3
Parking Spots
3
Parking Total
3
View
SEE

Financial

Net Operating Income
$54,411

Map

Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Jun 04, 2026
7,013
Single Family Listed
84
Avg DOM
431
Avg $ / SqFt
$1,662,731
Avg List Price

Property Summary

    1231 Devon AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90024. It is listed for $1,750,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1947. The average price per square foot for Single Family listings in Los Angeles is $431. The average listing price for Single Family in Los Angeles is $1,662,731.

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