1309 AMHERST AVE

LOS ANGELES, CA, 90025

$15,200,000

$581 per ft²
$15,200,000
$581 per ft²
Sold
Sold
beds
40 Beds
baths
40 Baths
carpenters-square
26,155 ft²
property_type
Multi-family
calendar
Built 1972
1309 Amherst Avenue is a rare multifamily investment opportunity in the heart of LA's vibrant Westside. Consisting of 28 units surrounding a beautifully landscaped and serene courtyard setting, the building boasts an ideal unit mix consisting of mostly large 1 bedroom & 2 bedroom units. Each of these units is extremely spacious, has a terrific floor plan, and offer an abundance of natural light. Current ownership has invested significant capital into the property and 20 of the 28 units have been remodeled. The unit mix includes (12) 2-bed, 2-bath units, (15) 1-bed, 1-bath units, and (1) efficiency unit. This is a trophy asset in an undeniably attractive location that will surely pay long-term dividends to a savvy investor. Additional property features include on-site parking for 47 cars , copper plumbing, controlled access entry, an 11 camera video surveillance system, and an on-site laundry facility. All soft story seismic retrofitting has been completed by ownership. A quick walk to the high-end dining and nightlife on Wilshire Blvd., this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a prestigious turnkey asset in one of the best rental locations in all of Los Angeles.
MLS® ID:
22-117203
Listed:
1/9/22
Updated:
2/6/23

Interior Features

Total Bedrooms
40
Total Bathrooms
40
Laundry Description
Community
Fireplace
Den
Cooling
Air Conditioning, Window Unit(s), Wall/Window
Heating
Other

Exterior/Building Features

Lot Size
0.5 acres lot
Exterior Features
None

Other Property Details

Garage
No
Parking
Assigned
Parking Total
47.0
View
N
County
Los Angeles
Pool
No
Total Stories
2
Zoning
LAR3

Courtesy of Remax Commercial and Investment Realty, Jonathan Taksa,
Listing Contact:  

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Tamkin Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2023 Combined L.A./Westside MLS. All rights reserved.

Data last updated 2/6/23

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