1256 S Westgate Ave, Los Angeles, CA 90025 - View 1
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1256 S Westgate Ave, Los Angeles, CA 90025 - View 4
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1256 S Westgate Ave, Los Angeles, CA 90025

List Price: $2,850,000On Market FlagOn market
Jan 21, 20257,391 sqft13 beds11 baths
Listed by: Peter James
License #: 01748556
Phone #: 310-467-7581
Lyon Stahl Investment Real Estate, Inc.
Source:
CRMLS Logo
MLS #: 25487089

Property Description

PRICE ADJUSTMENT!! We are pleased to present 1256 S. Westgate Ave in a prime West Los Angeles submarket just a block south of Wilshire Blvd and adjacent to Brentwood, another premier rental pocket of LA's westside. The subject property is a 10 unit apartment building built in 1960. The building boasts an excellent unit mix including (7) 1 bed / 1 bath and (3) 2 bed / 1 bath units spread out over 7,391 square feet and sits on a 7,202 square foot LAR3 zoned lot. 1256 Westgate is a unique value-add opportunity in one of the best rental pockets of Los Angeles. With approximately 72% upside in rents a future investor will benefit from a well located asset and long term growth potential. LA's Westside has continued to prove to be one of the, if not the best, rental pockets in all of Los Angeles. With continued rent growth and low vacancy rates renters continue to seek out opportunities in the immediate area surrounding the subject property. With Santa Monica directly to the west, Brentwood directly to the north and Westwood just a short distance to the east, the property is strategically positioned. Area amenities include high end restaurants, bars and nightlife along with shopping and a robust office market making it a perennial economic hub in Southern California. The location and rental upside make this an opportunity to own a generational asset in one of LA's best neighborhoods.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$41,970

TurboHome Estimated Value

$2,824,000

$382 sqft

High Valuation
$2,965,200
$401/sqft
Normal Valuation
$2,824,000
$382/sqft
Low Valuation
$2,682,800
$363/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$382/sqft$2,824,000

Neighborhood: Sawtelle

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Comparative Value

$2.85M

$3.19M

$3.60M

1256 S Westgate Ave, Los Angeles, CA 90025

List Price: $2,850,000

Subject Property

11948 Darlington Ave, Los Angeles, CA 90049

Sale Price: $3,192,750

Selected Comparable

11933 Gorham Ave, Los Angeles, CA 90049

Sale Price: $3,600,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1256 S Westgate Ave, Los Angeles, CA 90025

1256 S Westgate Ave, Los Angeles, CA 90025

List: $2,850,000

Listed: 1/21/2025

Area:7,391 sqft
Price/sqft:$386
Beds:13
Baths:11
Year Built:
Lot Size:7,204

Comparable Properties

COMPARABLE
Choose comps
11933 Gorham Ave, Los Angeles, CA 90049

11933 Gorham Ave, Los Angeles, CA 90049

Sale: $3,600,000

5/16/20250.59 mi

Area:8,192 sqft
Price/sqft:$439
Beds:12
Baths:11
Year Built:
Weight:52.9%
11948 Darlington Ave, Los Angeles, CA 90049

11948 Darlington Ave, Los Angeles, CA 90049

Sale: $3,192,750

4/25/20250.41 mi

Area:7,979 sqft
Price/sqft:$400
Beds:14
Baths:12
Year Built:
Weight:47.1%

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