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$4,795,000
Est. payment /mo
14 Beds
14 Baths
5,904 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB26237288
Bedrooms 14
Lot Size 5,904 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
1722 Westgate Ave is a newly constructed boutique fourplex in Prime Sawtelle, featuring four ultra-high-end residences totaling approximately 7,174 square feet. Designed with the scale and finishes of luxury single-family homes, the property combines modern construction, oversized floorplans, strong projected income, and a highly desirable Westside location. The property features two 3-bedroom / 3-bath and two 4-bedroom / 4-bath residences ranging from 1,442 to 2,027 square feet, with pro forma rents from $6,500 to $8,500 per month. At the $4,795,000 asking price, the property offers a 5.85% pro forma cap rate and approximately $360,000 in projected annual rental income. The large multi-bedroom layouts are well positioned to appeal to families, professionals, and roommate-style households seeking high-end housing on the Westside. Each residence features sleek kitchens, expansive islands, designer finishes, en-suite bathrooms, spacious closets, central HVAC, in-unit laundry, and private outdoor space. Six on-site parking spaces further complement the propertys large residential-style units. Situated on a quiet, tree-lined street moments from the Sawtelle Boulevard dining corridor, the property is approximately two miles from UCLA and minutes from Westwood, Brentwood, and Santa Monica. Convenient access to the 10 and 405 freeways provides connectivity throughout Los Angeles while maintaining the residential feel that makes Sawtelle so desirable. With brand-new construction, substantial residential-scale units, strong projected returns, and non-rent-controlled status, 1722 Wes
Location
State CA
County Los Angeles
Zoning Builder
Direction Located on Westgate Ave, Between Iowa Ave and Nebrasaka Ave
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Others
Senior Community No
Tax ID 4262015012
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Listed by Cheyenne Womack, DRE#02064825 Myunits.com Inc.
Co-listed byLauren Cearley • Myunits.com Inc.
Co-listed byLauren Cearley • Myunits.com Inc.
Nearby School & Business
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