Significant $175,000 Price Adjustment! Ideal For Investors Or Owner-Users Seeking Value And Upside. Potential To Deliver Front "Owner's Unit" Vacant With Cash-For-Keys Offer. 1946 Holmby Avenue offers a rare opportunity to acquire a well-maintained two-story Mid-Century Modern triplex in the highly desirable Century City neighborhood of West Los Angeles. Situated on a quiet residential street, the property is just minutes from high-end shopping, dining, and entertainment, with convenient access to major thoroughfares. Built in 1951 and 1959, the triplex spans 2,973 rentable SF on a 5,509 SF lot with LARD1.5 zoning, presenting significant development or ADU potential. Recent capital improvements include upgraded copper plumbing, newly redone roofs, sewer lines, windows, and water heaters. The unit mix consists of One (1) spacious two-bedroom "owner's unit" with a large den (may convert to a third bedroom), private patio, and upgraded central HVAC, one (1) two-bedroom townhome, and one (1) one-bedroom unit. Each unit features large floorplans with private patios or balconies, ample natural light, and limited common walls, ensuring privacy for tenants. With 35%+ rental upside potential, strong tenant demand, and long-term appreciation potential, 1946 Holmby Avenue is a prime investment opportunity in one of Los Angeles' most sought-after neighborhoods.
Days on market: 45
Listing updated: May 01, 2025 - 11:26:05
Listed by: Kamfar Kyle Mirrafati DRE #01911204 866-889-0550, Matthews Real Estate Investment Services - Out of Area Board
Source: Out of Area Board, MLS#: CLW-X81530 Originating MLS: CRMLS
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