1951 Glendon Ave , Los Angeles, CA 90025
$4,500,000
Est. Payment: $10,000.00/mo
6 Bed
6 Bath
11981 Sqft
Status: active with contingency | Days on site: 24
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

AMAZING PRICE & LOCATION! Discover an unparalleled investment opportunity in this contemporary 8-unit apartment complex (all 2 Bdr + 2 Bath) in prime sought-after Westwood location, held by the same ownership for over two decades, nestled on a beautiful, tree-lined street directly adjacent to premier single-family home district, boasting an exceptionally walkable neighborhood. Built in 1998, the property falls outside the City of Los Angeles' Rent Stabilization Ordinance (non-RSO) and is instead subject to the statewide Tenant Protection Act (AB 1482) a meaningful advantage for ownership, offering considerably more latitude to bring rents to market than is typical for multifamily assets in Westwood. Each residence features one of three thoughtfully designed two-bedroom, two-bath (2+2) configurations, bright and open floorplans, where most units' bedrooms feature en suite bathrooms, 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, but also mitigates vacancy risk, optimizes rent premiums, and enhances overall portfolio stability. The property recently underwent comprehensive repairs across all residential units, representing an investment of over $250,000, presenting a rare, worry-free acquisition in a submarket where older housing stock frequently carries hidden capital needs. 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 (zero vacancy) with quality tenants in place, delivering exceptional cash flow and strong rent growth supported by its premier location. Potential ADU upside for a future owner to add a studio or 1-bedroom (buyer to independently verify) and generate more income. With significant embedded rental upside and value-add potential through minor cosmetic or technology enhancements, this boutique multifamily property promises both immediate returns and substantial long-term appreciation.

Highlights

Listed by Felix Wong , 310-795-9988 Sunshine Realty , 310-828-5509. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.16

Year Built

1998

County

Los Angeles

Area

C05 - Westwood - Century City

Listing ID

26850603

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:6
  • Full Bathrooms:0
Appliances:Dishwasher, Refrigerator, Dryer, Washer
Air Cond:Central Air
Fireplaces:

Exterior Features

Lot:No Land Lease
Garage Capacity:15
Zoning:LAR3
Others:2+ Total Units,Has ADU
Parking Features:Controlled Entrance,Covered,Garage,Gated,Community Structure,Tandem
Principal Interest
$10,000
Taxes
$2,869

Home Price

$4,500,000

Loan Details

30 yrs
%

Down Payment

20%
$900,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$10,000.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $10,000.00 $2,868.75 $0.00 $12,868.75
Yearly $120,000.00 $34,425.00 $0.00 $154,425.00
Total $3,600,000.00 $1,032,750.00 $0.00 $4,632,750.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

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Data last updated: 2026-08-08T06:35:58.000Z

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