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For sale
  • Listed by: Lyon Stahl Investment Real Estate, Inc. • Cameron Samimi • 310-259-7556
    $1,675,000

    1235 Devon Ave, Los Angeles, CA 90024

    5beds
    3baths
    5,160sqft
    : 
    $10,878/mo
    Get pre-qualified
    Multi Family
    Built in 1947
    -- sqft lot
    $1,643,700 Zestimate®
    $325/sqft
    $-- HOA

    What's special

    Positioned in the heart of Westwood, 1235 Devon Ave presents a rare opportunity to acquire a premier Westside asset with immediate cash flow and substantial value-add potential. The property consists of three spacious units totaling 3,195 SF, with an attractive unit mix of two 2-bedroom units and one 1-bedroom unit. The real story here is the ADU upside. Ownership has identified the potential to add three additional units consisting of two 1+1 ADUs and one 2+2 ADU (buyer to verify), creating a unique opportunity to significantly increase rental income and overall property value in one of the most desirable rental markets in Los Angeles. Just minutes from UCLA, this property is also an ideal opportunity for parents with a son or daughter attending the university. Why pay rent when you can own a cash-flowing Westwood triplex, provide housing for your student, and benefit from one of the strongest rental markets in Southern California? Located near UCLA, Century City, Beverly Hills, and Westwood Village, the property benefits from exceptional tenant demand and long-term appreciation potential. Whether you're looking for stable income today or a value-add opportunity with substantial upside through future ADU development, 1235 Devon Ave offers both. Opportunities to acquire a corner-lot Westwood property with this combination of location, income, and ADU potential are exceptionally rare.
    123 days
    635
    52

    Zillow last checked:

    Listing updated:

    Listed by:

    Cameron Samimi DRE #02035763 310-259-7556,

    Lyon Stahl Investment Real Estate, Inc.

    Source: CRMLS,MLS#: SB26227684MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      Appliances
      • Laundry: Inside
      Features
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 5,160
      • Total interior livable area: 5,160 sqft

      Property

      Features
      • Entry location: Front
      • Pool features: None
      Lot
      • Size: 5,160 Square Feet
      • Features: 2-5 Units/Acre
      Details
      • Parcel number: 4327012001
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 1947

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Biking, Curbs, Dog Park, Golf, Park, Suburban
      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $325/sqft
      • Date on market: 10/21/2026
      • Cumulative days on market: 123 days
      • Listing terms: Cash,Conventional,1031 Exchange

        Estimated market value

        $1,643,700

        $1.41M - $1.92M

        $3,572/mo

        Price history

        DateEventPrice
        10/21/2026Listed for sale$1,675,000$325/sqft
        Source: CRMLS #SB26227684 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Westwood

        Getting around

        38 / 100
        Car-Dependent
        64 / 100
        Good Transit
        42 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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