1861 Midvale Avenue, Los Angeles, CA 90025
- $2,015,000
- 10
- BD
- 9
- BA
- 5,538
- SqFt
- Sold Price
- $2,015,000
- List Price
- $2,150,000
- Closing Date
- Dec 30, 2025
- Status
- CLOSED
- MLS#
- 25622831
- Year Built
- 1967
- Bedrooms
- 10
- Bathrooms
- 9
- Living Sq. Ft
- 5,538
- Lot Size
- 6,500
- Acres
- 0.15
- Days on Market
- 16
- Property Type
- Multifamily
- Stories
- Two Levels
Property Description
1861 Midvale Ave is a well-located five-unit apartment building in the heart of West Los Angeles, just one block south of Santa Monica Blvd and one block west of Westwood Blvd. The property offers an ideal mix of one 1-bed/1-bath unit, three 2-bed/2-bath units, and one 3-bed/2.5-bath unit, supporting strong long-term renter demand. Two of the 2-bed units and the updated 1-bed unit are currently vacant, providing an immediate value-add opportunity to lease at premium market rents. The building has been well maintained, featuring a 2017 roof, completed soft-story retrofit, and four tuck-under parking spaces plus additional driveway parking for at least five cars total. Seller has a recent $28K quote (including permits) for replacement of all electrical panels. With a Walk Score of 90, this location is a "Walker's Paradise," offering easy access to nearby shops, restaurants, grocery stores, and entertainment. With stable in-place income, low maintenance requirements, and approximately 19% remaining rental upside, 1861 Midvale Ave presents a compelling investment opportunity in one of West LA's most consistent multifamily submarkets.
Additional Information
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- Attached Structure
- Detached
- Number Of Units Total
- 5
Listing courtesy of Listing Agent: Benjamin Lewin (Benjamin.Lewin@marcusmillichap.com) from Listing Office: Marcus & Millichap.
Listing sold by Benjamin Lewin from Marcus & Millichap
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.