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1939 Selby Avenue $2,600,000

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    1939 Selby Avenue Los Angeles, CA 90025

    • 10 Beds
    • 10 Baths
    • 6,238 sq. ft.
    • Multi-Family
    • MLS# 24356631
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    Views: 1 Days On Market: 13

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    Property Details

    This rare investment opportunity in prime West LA blends original architecture with contemporary renovations for the best of both worlds. Situated just north of the desirable Santa Monica Blvd corridor, the two-story building comprises five spacious units and spans 6,238 square feet on a sizable 6,751 square foot lot, providing tenants both privacy and community.Recent improvements include a new roof, re-piped copper plumbing, earthquake retrofitting, exterior paint, lighting fixtures, fencing, and laundry facilities. Interiors have been comprehensively updated in units 2-5. Amenities include tandem parking, that accommodates ten cars, secure entry, and on-site laundry. The property has been family-owned for 65 years, all units are very well maintained and 100% occupied by stable tenants. With its prime location, recent renovations, and rare availability, 1939 Selby Ave is an unbeatable opportunity to acquire a fully updated, income-producing asset in coveted West LA.

    • General Features
      • Buyer Compensation 2.500 %
      • County Or Parish Los Angeles
      • Number Of Buildings 1
      • Number Of Units Total 5
      • One-Qtr Bathrooms 0
      • Three-Qtr Bathrooms 0
      • YearBuilt 1966
    • Building Features
      • Appliances Oven,Range,Range Hood
      • Architectural Style Traditional
      • Bedrooms Total 10
      • Carport Spaces 5.00
      • Fireplace Features Living Room
      • Flooring Wood,Tile
      • Full Bathrooms 0
      • Half Bathrooms 0
      • Heating Forced Air
      • Interior Features Ceiling Fan(s)
      • Laundry Features Community
      • Levels Two
      • Living Area 6238.00
    • Property Features
      • Lot Size Acres 0.15
      • Pool Private Y/N 0
      • Pool Features None
      • Parking Total 10.00

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    Neighborhood

    90025 (Los Angeles) Demographics

    33 Median Age
    18,453 Population Density (per sq. mile)
    74% College Educated
    $97,791 Estimated Median Income
    5,875 Estimated Total Home Owners
    16,319 Estimated Total Renters
    26% / 74% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    47,438 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $1,135,000 Median Sales Price
    24 Homes Sold
    77 New On Market

    Average Days on Market

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $2,600,000
        2/8/2024 8:10:00 PM New in Database Source: Multiple Listing Service New Value: $2,600,000

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        * This payment calculator is intended for educational and planning purposes only.
        ** Assumes 7.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Based on information from California Regional Multiple Listing Service, Inc. as of 2/21/2024 3:08:00 AM PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.