1625 Butler AVE new

Los Angeles,CA 90025

$ 5125000

14 Beds

17 Baths

12759 SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 12,759 sqft

Price per Sqft $401

MLS Listing ID 25589543

Bedrooms 14

HOA Y/N No

Year Built 2001

Lot Size 6,991 Sqft

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 amenities. This central Westside location ensures consistent rental demand and long-term stability.With its modern construction, spacious unit mix, and prime West LA location, 1625 S Butler Avenue represents a premier opportunity to secure a high-quality multifamily investment in one of Los Angeles' most competitive rental markets

Location

State CA

County Los Angeles

Area Wla - West Los Angeles

Zoning LAR3

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Parking Features Gated

Community Features Gated

Total Parking Spaces 15

Building

Story 4

Entry Level Three Or More

Sewer Other

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 4261012006

Security Features Gated Community

Special Listing Condition Standard

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