List Search

1623-1625 Butler Ave
Los Angeles, CA 90025 West Los Angeles

$4,995,000 USD

Apartments For Sale  •  12,759 SF

Property Details

  • Property Type Apartments
  • Total Building Size 12,759 SF
  • Lot Size 0.16 AC
  • Building Class C
  • Year Built 2001
  • Cap Rate 4.77 %
  • Zoning R3, Los Angeles
63 Transit Score
93 Walk Score

Highlights

2001 Construction in Prime West Los Angeles
Attractive Price Point: Only $391 per square foot
Not Subject to City of Los Angeles Rent Control
AB1482 Designation: Allows Annual Rent Increases of 5% + CPI (Capped at 10%)
Central Air Conditioning & Heating Throughout
Private Balconies for All Units

Financial Summary (Actual)

Net Operating Income: $238,089 USD (2025)
Cap Rate: 4.77 %
Total Expenses: $129,992 USD

Amenities

  • Air Conditioning
  • Dishwasher
  • Laundry Facilities
  • Microwave
  • Storage Space
  • Tub/Shower

Public Transportation

AirportDriveWalkDistance
Los Angeles International 16 min - 9.4 mi
Bob Hope 27 min - 18.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Benjamin Hsiang 818-517-0845 Realty Investment Advisors
Benjamin Hsiang 818-517-0845 Realty Investment Advisors