
Los Angeles, California 90045
This four-unit Residential Income Asset is a Strong Value Opportunity, listed at $1,550,000—positioned well below the $1,555,316 Fair Market Value by 0.34%. Featuring a Condition Rating of 3, the property includes sound-reducing windows and refreshed interiors. The site offers significant upside through potential ADU conversions, leveraging the existing four-car garage configuration. With strong rental demand in Westchester, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to maximize long-term income potential in a prime Westside location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5734 Morley Subject | $1,550,000* List Price | 0 | 0 | 2,416 | $644 | - |
A 8420 Glider Avenue Sold | $1,364,000 | 0 | 0 | 2,058 | $663 | 0.6 mi |
B 8420 Glider Avenue Sold | $1,364,000 | 4 | 5 | 2,058 | $663 | 0.6 mi |
C 8812 8816 Ramsgate Avenue Active | $1,349,999 List Price | 6 | 3 | 2,352 | $574 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1950, the property has undergone significant maintenance including refreshed interiors, sound-reducing dual-pane windows, and updated exterior doors. It is well-maintained, functional, and move-in ready for tenants, fitting the criteria for a property with a 5-15 year renovation profile.
Elementary School: Center Street Elementary (9/10). Middle School: Richard Henry Dana Middle School (9/10).
The property offers significant upside through the potential addition or conversion of ADUs, leveraging the existing four-car garage configuration and lot size to maximize future rental income.
Situated in a high-demand West Los Angeles neighborhood, the property benefits from proximity to major employment centers, Silicon Beach, and transportation corridors, ensuring strong rental demand.
The property consists exclusively of one-bedroom, one-bathroom units, which may restrict the tenant demographic and limit total rental income compared to multi-bedroom configurations.
While some nearby elementary schools are highly rated, the assigned high school and middle school options have low ratings (2/10), which could be a drawback for long-term family-oriented tenants.
An extraordinary opportunity awaits in the highly desirable Westchester neighborhood of West Los Angeles. Ideally suited for an owner-operator, first time investor, or developer. This four-unit apartment property combines immediate income potential with significant opportunities to potentially enhance future value with ADU's or additional units. Exceptional Owner-User & Investment Opportunity. The property consists of four one-bedroom, one-bath units. Individual front doors and rear entrances into the kitchens add convenience and privacy for residents. Thoughtful property improvements include sound-reducing dual-pane windows, sound-reducing front and rear exterior doors, refreshed interiors, attractive landscaping, a dedicated laundry facility, and four enclosed single-car garages with overhead door openers. For investors and developers seeking additional upside, the property may also offer potential for the addition or conversion of ADUs, subject to applicable state and local laws, zoning, approvals, and feasibility. The existing garages and property configuration create an intriguing opportunity to explore ways to further maximize the site’s income-producing potential. Westchester continues to benefit from its strong demographics, high rental demand, and exceptional location. The surrounding community offers convenient access to major employment centers, educational institutions, recreation, shopping, dining, transportation corridors, and the greater Westside. For the owner-user or investor looking to establish a foothold in one of West Los Angeles’ most desirable and strategically located communities, this fourplex presents an exceptional opportunity to create both immediate and long-term value.
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,416 | 2,187.451 |
| Lot Size | 6,903 | 5,841.385 |
| Price | $1.55M | $841.5K |
| Price per sq ft | $642 | $385 |
| Built year | 1950 | 1928 |
| HOA | $0 | $0 |
| Days on market | 21 | 85 |
Aug 19, 2026
$1,550,000
Initial Listing