$2,150,000

1861 Midvale Avenue, Los Angeles, CA 90025

5,538 sqft

other
Built in 1967
6,534sqft lot
—— car garage
$388/sqft
Listed 4 days ago

Property Description

1861 Midvale Ave is a well-located five-unit apartment building in the heart of West Los Angeles, just one block south of Santa Monica Blvd and one block west of Westwood Blvd. The property offers an ideal mix of one 1-bed/1-bath unit, three 2-bed/2-bath units, and one 3-bed/2.5-bath unit, supporting strong long-term renter demand. Two of the 2-bed units and the updated 1-bed unit are currently vacant, providing an immediate value-add opportunity to lease at premium market rents. The building has been well maintained, featuring a 2017 roof, completed soft-story retrofit, and four tuck-under parking spaces plus additional driveway parking for at least five cars total. Seller has a recent $28K quote (including permits) for replacement of all electrical panels. With a Walk Score of 90, this location is a "Walker's Paradise," offering easy access to nearby shops, restaurants, grocery stores, and entertainment. With stable in-place income, low maintenance requirements, and approximately 19% remaining rental upside, 1861 Midvale Ave presents a compelling investment opportunity in one of West LA's most consistent multifamily submarkets.

Listing Status:: Active
Date Added:: December 1, 2025 at 06:00AM
Listing Office:: Marcus & Millichap : 818-212-2700
Listing Agent:: Benjamin Lewin : 818-212-2659
MLS ID:: CL25622831

A/C: Wall/Window Unit(s)

Parking: CoveredOther

Originating MLS: CRMLS
County: Los Angeles

Zoning: LAR34323006021

Source: CRMLS

This listing courtesy of Benjamin Lewin, Marcus & Millichap

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Westwood Charter Elementary School

2050 Selby Ave, Los Angeles, CA, 90025

Grades KG-5

0.40 miles away

Emerson Community Charter

1650 Selby Ave, Los Angeles, CA, 90024

Grades 6-8

0.44 miles away

University High School Charter

11800 Texas Ave, Los Angeles, CA, 90025

Grades 9-12

1.39 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.