
Los Angeles, California 90025
Analysis of 1421 Greenfield Avenue, Los Angeles, California 90025 is currently available with a list price of $4,200,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Although the building was constructed in 1987, the interior images and description indicate recent high-end renovations (likely <5 years) featuring modern kitchens with stainless steel appliances, sleek cabinetry, and updated flooring. The property includes modern systems such as central A/C and heat, and the overall condition is mint and move-in ready.
The property is not subject to the City of Los Angeles Rent Stabilization Ordinance (RSO), allowing for market-rate rent adjustments and significantly higher long-term investment potential.
Featuring dramatic 18-foot ceilings and private rooftop terraces, these modern units offer a high-end aesthetic that commands premium rents in the competitive West Los Angeles market.
Each unit is separately metered for gas, electricity, and water, which minimizes landlord operating expenses and simplifies the management of utility costs.
The current list price of $4.2M is substantially lower than the 2022 sale price of $5.4M, indicating a sharp decline in valuation or potential market volatility for this specific asset.
With a high building-to-lot ratio, the property lacks communal green space or shared outdoor amenities, which may be a drawback for tenants seeking more than just private terrace space.
Sleek and modern 5-unit apartment building in prime West Los Angeles. Featuring dramatic 18-foot ceilings, private rooftop terraces, and open-concept floor plans, these spacious units include in-unit washer/dryer, central A/C and heat, and stainless steel appliances. Select units have been recently updated. The building offers secure subterranean parking and each unit is separately metered for gas, electricity, and water. Not subject to City of Los Angeles Rent Stabilization Ordinance. Located in a vibrant rental market with strong tenant demand and proximity to shops, dining, and major thoroughfares.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 10.0 | 3.0 |
| Baths | 15.0 | 3.0 |
| Square foot | 8,453 | 1,690 |
| Lot Size | 6,752 | 21,837 |
| Price | $4.20M | $951.3K |
| Price per sq ft | $497 | $610 |
| Built year | 1987 | 1984 |
| HOA | $0 | $712 |
| Days on market | 37 | 63 |
Jun 15, 2026
$4,200,000
Initial Listing
Nov 30, 2022
$5,400,000
Public Record
Jul 15, 2021
$4,550,000
Public Record