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$5,125,000
Est. payment /mo
12,759 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 12,759 sqft
Price per Sqft $401
MLS Listing ID CL25589543
HOA Y/N No
Year Built 2001
Lot Size 6,992 Sqft
Acres 0.16
Property Sub-Type Other
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 ame
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Other
Cooling Central Air
Fireplace No
Exterior
Utilities Available Other Water/Sewer
Building
Water Other
New Construction No
Others
Tax ID 4261012006
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© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Benjamin J. Hsiang • Realty Investment Advisors, Inc.
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