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1532 Granville Ave
Los Angeles, CA 90025 West Los Angeles

$4,250,000 USD

Apartments For Sale • 9,550 SF

Property Details

Property Type Apartments
Total Building Size 9,550 SF
Lot Size 0.16 AC
Building Class C
Year Built 1987
Cap Rate 4.70 %
Zoning R3, Los Angeles

63 Transit Score

92 Walk Score

                
                    Highlights
                
                                Built in 1987 — Exempt from LA City Rent Control (RSO) Subject to AB 1482 only, allowing for annual rent increases up to CPI + 5%
                            
                                Central access to UCLA, Century City, Brentwood, and Santa Monica with strong employment drivers and consistent rental demand
                            
                                5 Two-Bedroom / Two-Bath Units (one with extra ½ bath; two with lofts & high ceilings)/ 4 One-Bedroom/ One-Bath Units (two with lofts & high ceilings)
                            
                                Generously Sized Units with Modern Interiors Features include quartz countertops, vinyl plank flooring, 9+ foot ceilings, and gas fireplaces
                            
                                Ability to systematically increase rents to market under AB 1482, combined with strong tenant demand for lofted, newer-construction units
                            
                                Opportunities to acquire post-1980s construction in West LA are extremely limited, making this a long-term hold quality investment

Financial Summary (Proforma)

Net Operating Income: $199,687 USD (2026)

Cap Rate:	4.70 %
Total Expenses:	$107,819 USD

Major Tenants

Tenant	SF Occupied	Lease End Date
Lee Joss Llc

Amenities

24 Hour Access
Air Conditioning
Controlled Access
Tenant Controlled HVAC
Heating
Kitchen
Oven
Range
Public Transportation
Smoke Detector

Public Transportation

Transit/Subway	Drive	Walk	Distance
Expo/Bundy (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro))	4 min	19 min	1.0 mi
Airport	Drive	Walk	Distance
Los Angeles International	17 min	-	9.8 mi
Bob Hope	30 min	-	19.1 mi
Long Beach (Daugherty Field)	36 min	-	27.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	14
Type:	AttachedGarage
Included in Rent:	Yes

Jonathan Taksa 310-968-5303 RE/MAX Commercial & Investment Realty

1532 Granville Ave Los Angeles, CA 90025 West Los Angeles