1946 Holmby Ave Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90025
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,973 sqft
Price per Sqft $706
MLS Listing ID 25512477
Bedrooms 5
Year Built 1951
Lot Size 5,511 Sqft
Acres 0.1265
Property Sub-Type Multi-Family
Property Description
Significant $175,000 Price Adjustment! Ideal For Investors Or Owner-Users Seeking Value And Upside. Potential To Deliver Front "Owner's Unit" Vacant With Cash-For-Keys Offer. 1946 Holmby Avenue offers a rare opportunity to acquire a well-maintained two-story Mid-Century Modern triplex in the highly desirable Century City neighborhood of West Los Angeles. Situated on a quiet residential street, the property is just minutes from high-end shopping, dining, and entertainment, with convenient access to major thoroughfares. Built in 1951 and 1959, the triplex spans 2,973 rentable SF on a 5,509 SF lot with LARD1.5 zoning, presenting significant development or ADU potential. Recent capital improvements include upgraded copper plumbing, newly redone roofs, sewer lines, windows, and water heaters. The unit mix consists of One (1) spacious two-bedroom "owner's unit" with a large den (may convert to a third bedroom), private patio, and upgraded central HVAC, one (1) two-bedroom townhome, and one (1) one-bedroom unit. Each unit features large floorplans with private patios or balconies, ample natural light, and limited common walls, ensuring privacy for tenants. With 35%+ rental upside potential, strong tenant demand, and long-term appreciation potential, 1946 Holmby Avenue is a prime investment opportunity in one of Los Angeles' most sought-after neighborhoods.
Location
State CA
County Los Angeles
Area Westwood - Century City
Zoning LARD1.5
Rooms
Other Rooms None
Interior
Heating Central, Wall
Cooling Central, Wall Unit(s)
Equipment None
Exterior
Parking Features Assigned
Garage Spaces 3.0
Building
Story 2
Level or Stories Two
Others
Special Listing Condition Standard