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1951 Glendon Ave, Los Angeles, CA 90025

List Price: $6,380,000On Market FlagOn market
Jul 15, 202511,981 sqft14 beds16 baths
Listed by: Felix Wong
License #: 01198940
Phone #: 310-795-9988
Sunshine Realty
Source:
CRMLS Logo
MLS #: 25564751

Property Description

Discover an unparalleled investment opportunity in this contemporary 8-unit apartment complex in prime sought-after Westwood location, offered for the first time on the market since its acquisition as a new construction, nestled on a beautiful, tree-lined street directly adjacent to high-end single-family home district, boasting an exceptionally walkable neighborhood. Each residence features one of three thoughtfully designed two-bedroom and two-bath (2+2) configurations, bright and open floorplans, where most unit's bedrooms feature en suite bathroom, 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 - from young professionals to graduate students and small families - but also mitigates vacancy risk, optimizing rent premiums, and enhances overall portfolio stability. 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 (no vacancies) with quality tenants in place, delivering exceptional cash flow and strong rent growth supported by its premier location. With value-add potential through minor cosmetic or technology enhancements, this boutique multifamily property promises both immediate returns and long-term appreciation.
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

$68,388

TurboHome Estimated Value

$5,469,600

$457 sqft

High Valuation
$5,743,080
$479/sqft
Normal Valuation
$5,469,600
$457/sqft
Low Valuation
$5,196,120
$434/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$457/sqft$5,469,600

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