Active Under Contract

1951 Glendon Avenue

Los Angeles, CA 90025
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Bed 16

Bed

Bath 16

Bath

SqFt11,981

Sqft

SqFt6,755

Sqft(Lot)

AMAZING PRICE & LOCATION! Discover an unparalleled investment opportunity in this contemporary 8-unit apartment complex (all 2 Bdr + 2 Bath) in prime sought-after Westwood location, held by the same ownership for over two decades, nestled on a beautiful, tree-lined street directly adjacent to premier single-family home district, boasting an exceptionally walkable neighborhood. Built in 1998, the property falls outside the City of Los Angeles' Rent Stabilization Ordinance (non-RSO) and is instead subject to the statewide Tenant Protection Act (AB 1482) a meaningful advantage for ownership, offering considerably more latitude to bring rents to market than is typical for multifamily assets in Westwood. Each residence features one of three thoughtfully designed two-bedroom, two-bath (2+2) conf igurations, bright and open floorplans, where most units' bedrooms feature en suite bathrooms, each equipped with washer and dryer, central heating and air conditioning, and the peace of mind of a fully sprinklered building. This varied product mix not only broadens tenant appeal, but also mitigates vacancy risk, optimizes rent premiums, and enhances overall portfolio stability. The property recently underwent comprehensive repairs across all residential units, representing an investment of over $250,000, presenting a rare, worry-free acquisition in a submarket where older housing stock frequently carries hidden capital needs. Ideally situated mere minutes from UCLA's academic and cultural hub, Westfield Century City's world-class dining, shopping, and entertainment, and the luxury boutiques of Beverly Hills' Rodeo Drive, with 99 Ranch Market and Whole Foods conveniently close by, this turnkey and easy-to-manage multifamily asset is fully stabilized (zero vacancy) with quality tenants in place, delivering exceptional cash flow and strong rent growth supported by its premier location. Potential ADU upside for a future owner to add a studio or 1-bedroom (buyer to independently verify) and generate more income. With significant embedded rental upside and value-add potential through minor cosmetic or technology enhancements, this boutique multifamily property promises both immediate returns and substantial long-term appreciation.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $4,500,000

AD Id : 89044553

MLS Id : 26850603

Beds : 16

Lot Size : 6,755 Sqft

Living Area Size : 11,981

Year Built : 1998

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 16

    Bathroom Information

    Total Baths: 16
  • Interior Features

    Appliances: Dishwasher, Refrigerator, Dryer, Washer
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 1998
    Building Area Total: 11981
    Stories: 1
    Private Pool: No

  • Lot Information

    Main Square Feet: 6755 Lot Size Acres: 0.1551 Lot Size Square Feet: 6,755

  • Listing Price Information

    Listing Price: $4500000

  • Tax Information

    Parcel Number: 4321011038

  • Parking Information

    Parking Total: 15 ControlledEntrance, Covered, Garage, Gated, CommunityStructure, Tandem

    Garage Information

    Has Garage: Yes

  • Location Information

    Direction: Adjacent to Westwood Blvd. Just over a block south of Santa Monica Blvd.
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Nearby Home Value

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2048 Linnington Avenue, Los Angeles, CA, 90025 $5,250,000 4 5 4,110 4,110 SqFt
1845 Pandora Avenue, Los Angeles, CA, 90025 $2,685,000 3 4 2,310 2,310 SqFt
10544 Louisiana Avenue, Los Angeles, CA, 90025 $1,229,500 2 1 1,418 1,418 SqFt
1964 Thayer Avenue, Los Angeles, CA, 90025 $5,199,000 5 6 4,559 4,559 SqFt
2130 Manning Avenue, Los Angeles, CA, 90025 $2,600,000 3 3 2,491 2,491 SqFt
2015 Malcolm Avenue, Los Angeles, CA, 90025 $1,887,000 3 2 1,206 1,206 SqFt
1947 Midvale Avenue, Los Angeles, CA, 90025 $1,995,000 3 1 1,250 1,250 SqFt
1818 Midvale Avenue, Los Angeles, CA, 90025 $2,590,000 4 4 2,473 2,473 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/04/2026 @ 07:53

MLS: 26850603 LISTED BY: Felix Wong, Sunshine Realty 310-828-5509 SOURCE: CRMLS

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