Located in a prime, walkable pocket of West LA, 1615 Greenfield Ave offers a rare 14-unit value-add opportunity near UCLA, Century City, Santa Monica, and Sawtelle Japantown. The property features a desirable mix of two- and three-bedroom units, gated entry, and dedicated parking highly sought-after amenities in this dense rental market. With current rents below market, investors can unlock upside through unit renovations and common area upgrades. Operating under fee simple ownership, utilities include separately metered electric and master-metered water and gas (for central water heating). This is a strong long-term hold with durable cash flow and appreciation potential in one of LA’s most supply-constrained submarkets.
Property Details
Price:
$8,300,000
MLS #:
25554831
Status:
Active
Baths:
0
Address:
1615 Greenfield Avenue
Type:
Residential Income
Neighborhood:
c05westwoodcenturycity
City:
Los Angeles
Listed Date:
Jun 4, 2025
State:
CA
ZIP:
90025
Lot Size:
14,284 sqft / 0.33 acres (approx)
Year Built:
1962
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Schools
Interior
Exterior
Parking Features
Garage, Garage – Single Door, Driveway
Parking Spots
25.00
Stories Total
3
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Community
- Address1615 Greenfield Avenue Los Angeles CA
- AreaC05 – Westwood – Century City
- CityLos Angeles
- CountyLos Angeles
- Zip Code90025
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1615 Greenfield Avenue
Los Angeles, CA
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