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1812 Westholme Ave, Los Angeles, CA 90025

Sale Price: $3,700,000
Feb 13, 20257,994 sqft12 beds12 baths
Listed by: Michael Monempour
License #: 01996829
Phone #: 310-883-7070
Lyon Stahl Investment Real Estate, Inc.
Source:
CRMLS Logo
MLS #: 25498139

Property Description

Located in the heart of West Los Angeles, adjacent to Century City, 1812 Westholme Ave is a well-maintained 12-unit multifamily property offering both stability and significant upside potential. Built in 1968, the property consists of (10) one-bedroom, one-bathroom units and (2) studio units. Recent capital improvements include a completed seismic retrofit and brand-new electric subpanels, ensuring long-term durability and compliance. The property will be delivered with three vacant units, providing immediate value-add potential. This asset presents an exceptional opportunity for long-term investors, featuring a secured entry, ample on-site parking, and an on-site laundry facility. Several units have been tastefully upgraded with hardwood flooring, stainless steel appliances, and granite countertops, making them highly attractive to tenants. Strategically positioned just moments from Century City Mall, 1812 Westholme Ave offers unparalleled access to premier shopping, dining, entertainment, and major employment centers. With strong in-place income, significant rental appreciation potential, and a desirable tenant base, this property is a rare chance to acquire a prime, income-generating asset in one of Los Angeles' most sought-after 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

$55,236

TurboHome Estimated Value

$3,838,700

$480 sqft

High Valuation
$4,030,635
$504/sqft
Normal Valuation
$3,838,700
$480/sqft
Low Valuation
$3,646,765
$456/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$480/sqft$3,838,700

Neighborhood: West Los Angeles

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Comparative Value

$2.48M

$3.70M

$4.00M

9117 National Blvd, Los Angeles, CA 90034

Sale Price: $2,478,400

Selected Comparable

1812 Westholme Ave, Los Angeles, CA 90025

Sale Price: $3,700,000

Selected Comparable

1812 Westholme Ave, Los Angeles, CA 90025

List Price: $3,995,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
1812 Westholme Ave, Los Angeles, CA 90025

1812 Westholme Ave, Los Angeles, CA 90025

List: $3,995,000

Listed: 2/13/2025

Area:7,994 sqft
Price/sqft:$500
Beds:12
Baths:12
Year Built:
Lot Size:7,579

Comparable Properties

COMPARABLE
Choose comps
1812 Westholme Ave, Los Angeles, CA 90025

1812 Westholme Ave, Los Angeles, CA 90025

Sale: $3,700,000

4/8/20250.00 mi

Area:7,994 sqft
Price/sqft:$463
Beds:12
Baths:12
Year Built:
Weight:58.3%
9117 National Blvd, Los Angeles, CA 90034

9117 National Blvd, Los Angeles, CA 90034

Sale: $2,478,400

10/7/20242.54 mi

Area:6,734 sqft
Price/sqft:$368
Beds:12
Baths:12
Year Built:
Weight:41.7%

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