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1823 Camden Ave, Los Angeles, CA 90025

Sale Price: $1,800,000
Dec 5, 20244,479 sqft8 beds8 baths
Listed by: Jonathan Taksa
License #: 01366169
Phone #: 424-672-8220
Remax Commercial and Investment Realty
Source:
CRMLS Logo
MLS #: 24469617

Property Description

We are pleased to offer for sale a rare multifamily asset located at 1823 Camden Avenue in the heart of vibrant West Los Angeles. Offered for sale for the first time in over 50 years, the building was built in 1962 and exudes the character and vintage charm of mid-century Los Angeles. Ideally situated on a large R3 zoned lot, the property boasts an ideal unit mix of mostly spacious 1, 2 and 3-bedroom (and an efficiency unit) floor plans flooded by natural light. The incredible unit mix includes (1) 3-bed, 2-bath unit, (2) 2-bed, 2-bath units, (1) 1-bed,1-bath unit, and (1) efficiency unit. This is a fantastic asset in an undeniably attractive location that will surely pay long-term dividends to a savvy investor. Additional property features include on-site parking as well as an on-site laundry facility. There is also the opportunity to add ADUs (Buyer to verify).In close proximity to high-end dining, entertainment venues, Century City, and Santa Monica beach, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire prestigious assets in one of the best rental locations in all of Los Angeles. ****** The adjacent property located at 1819 Camden Avenue (4 units for $2,200,000) is also being offered for sale by the same Seller. Properties are available to be purchased separately or as a package. ******
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

$25,518

TurboHome Estimated Value

$1,900,600

$424 sqft

High Valuation
$1,995,630
$446/sqft
Normal Valuation
$1,900,600
$424/sqft
Low Valuation
$1,805,570
$403/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$424/sqft$1,900,600

Neighborhood: West Los Angeles

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Comparative Value

$1.80M

$2.10M

$2.20M

$2.25M

$2.50M

1823 Camden Ave, Los Angeles, CA 90025

Sale Price: $1,800,000

Selected Comparable

1823 Camden Ave, Los Angeles, CA 90025

List Price: $2,100,000

Subject Property

1138 Cardiff Ave, Los Angeles, CA 90035

Sale Price: $2,100,000

Selected Comparable

1819 Camden Ave, Los Angeles, CA 90025

Sale Price: $2,200,000

Selected Comparable

2559 S Sepulveda Blvd, Los Angeles, CA 90064

Sale Price: $2,249,500

Selected Comparable

1556 S Beverly Glen Blvd, Los Angeles, CA 90024

Sale Price: $2,500,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1823 Camden Ave, Los Angeles, CA 90025

1823 Camden Ave, Los Angeles, CA 90025

List: $2,100,000

Listed: 12/5/2024

Area:4,479 sqft
Price/sqft:$469
Beds:8
Baths:8
Year Built:
Lot Size:5,146

Comparable Properties

COMPARABLE
Choose comps
1823 Camden Ave, Los Angeles, CA 90025

1823 Camden Ave, Los Angeles, CA 90025

Sale: $1,800,000

2/5/20250.00 mi

Area:4,479 sqft
Price/sqft:$402
Beds:8
Baths:8
Year Built:
Weight:30.7%
1819 Camden Ave, Los Angeles, CA 90025

1819 Camden Ave, Los Angeles, CA 90025

Sale: $2,200,000

2/5/20250.01 mi

Area:4,883 sqft
Price/sqft:$451
Beds:8
Baths:8
Year Built:
Weight:28.9%
2559 S Sepulveda Blvd, Los Angeles, CA 90064

2559 S Sepulveda Blvd, Los Angeles, CA 90064

Sale: $2,249,500

5/1/20250.98 mi

Area:5,542 sqft
Price/sqft:$406
Beds:9
Baths:8
Year Built:
Weight:19.2%
1556 S Beverly Glen Blvd, Los Angeles, CA 90024

1556 S Beverly Glen Blvd, Los Angeles, CA 90024

Sale: $2,500,000

10/10/20241.32 mi

Area:6,104 sqft
Price/sqft:$410
Beds:9
Baths:7
Year Built:
Weight:11.5%
1138 Cardiff Ave, Los Angeles, CA 90035

1138 Cardiff Ave, Los Angeles, CA 90035

Sale: $2,100,000

8/12/20242.91 mi

Area:6,338 sqft
Price/sqft:$331
Beds:9
Baths:9
Year Built:
Weight:9.8%

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