Description
Exceptional investment opportunity: an eight unit fully occupied trophy building nestled in the heart of Westwood. Originally constructed in 1969, this generational asset offers a blend of 2-bedroom & 1-bedroom units, providing a diverse range of leasing options.Boasting total interior space of 9,621 sq ft, this vintage beauty is sited on an 8,762 sq ft lot, zoned R3 w/ potential for growth & expansion. Building offers a solid income stream & stability in a coveted neighborhood. Close by, enjoy marquee destinations including Village Theatre, Geffen Playhouse & Hammer Museum. Renown collegiate powerhouse UCLA is located at your front door while legendary shopping mecca, Westfield Century City, is located in your backyard. Or satisfy your taste buds w/ a superb dinner at Violet Bistro & a luscious treat from celebrated Diddy Riese. A rarity, this prime generational asset offers an extraordinary investment opportunity for financially savvy forward-thinking individuals & family offices.
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13BEDS
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0.2ACRES
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0BATHS
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01/2 BATHS
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9,621SQFT
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$437$/SQFT
School Ratings & Info
Description
Exceptional investment opportunity: an eight unit fully occupied trophy building nestled in the heart of Westwood. Originally constructed in 1969, this generational asset offers a blend of 2-bedroom & 1-bedroom units, providing a diverse range of leasing options.Boasting total interior space of 9,621 sq ft, this vintage beauty is sited on an 8,762 sq ft lot, zoned R3 w/ potential for growth & expansion. Building offers a solid income stream & stability in a coveted neighborhood. Close by, enjoy marquee destinations including Village Theatre, Geffen Playhouse & Hammer Museum. Renown collegiate powerhouse UCLA is located at your front door while legendary shopping mecca, Westfield Century City, is located in your backyard. Or satisfy your taste buds w/ a superb dinner at Violet Bistro & a luscious treat from celebrated Diddy Riese. A rarity, this prime generational asset offers an extraordinary investment opportunity for financially savvy forward-thinking individuals & family offices.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-27T00:28:26.593. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.