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Sold for $2,450,000
  • $2,450,000

    1246 S Saltair Ave, Los Angeles, CA 90025

    8beds
    8baths
    4,320sqft
    Multi Family
    Built in 1958
    -- sqft lot
    $-- Zestimate®
    $567/sqft
    $4,930 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $4,930/mo

    Zestimate® history
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    What's special

    Thoughtfully designed courtyardCentral community gardenRenovated unitFull exterior repaintSeparate water heaterMini-split hvac systemNew wall heaters
    1246 S Saltair Avenue is a charming 8-unit multifamily property located in the heart of West Los Angeles, adjacent to Brentwood. One renovated unit will be delivered VACANT at close of escrow. Built in 1955/1958, the property consists of two separate structures, each containing four one-bedroom, one-bathroom units averaging 540 square feet each. A thoughtfully designed courtyard connects the two buildings, creating a central community garden for residents. The property benefits from a series of recent capital improvements that enhance both livability for tenants and long-term stability for ownership. Five of the eight units have been remodeled within the past three years including new wall heaters, one unit in the front structure includes a mini-split HVAC system, and all 8 units are equipped with their own separate water heater. The drain lines were replaced under the back building and a new sewer main line was installed. Plus there have been electrical panel upgrades for every unit, new dual-pane vinyl windows installed throughout, and a full exterior repaint was completed last year. Additional amenities include seven dedicated parking spaces: five uncovered at the rear and one on each side of the front of the property, along with a building-owned on-site laundry facility that provides convenience for residents while generating supplemental income for ownership. The property is ideally located in a highly sought-after West Los Angeles neighborhood. Residents enjoy close proximity to Sawtelle Japantown, known for its diverse dining options including Tsujita LA Artisan Noodle, Daikokuya, and Sushi Tsujita, along with a variety of boutique shops and cafes. The property is also minutes from Westfield Century City, cultural attractions such as the Hammer Museum and UCLA, and just a short drive to the beaches of Santa Monica. With direct access to Century City, Beverly Hills, and Santa Monica employment hubs, as well as convenient transportation options via the I-405 and Metro Expo Line, the property is well positioned to attract strong and stable tenant demand. With its prime Westside location, extensive recent upgrades, and strong area fundamentals, 1246 S Saltair Avenue presents investors with the opportunity to acquire a well-maintained, cash-flowing asset in one of Los Angeles' most desirable rental submarkets.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jake Glaser DRE # 02128816 310-494-6368,

    Lyon Stahl Investment Real Estate, Inc. 310-425-9838,

    Spencer Chan DRE # 02197531 310-259-2181,

    Lyon Stahl Investment Real Estate, Inc.

    Bought with:

    Jake Glaser, DRE # 02128816

    Lyon Stahl Investment Real Estate, Inc.

    Source: CLAW,MLS#: 25597729MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 8
    Heating
    • Wall
    Cooling
    • Air Conditioning
    Interior area
    • Total structure area: 4,320
    • Total interior livable area: 4,320 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: Open, Driveway
    • Uncovered spaces: 7
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 6,860 Square Feet
    Details
    • Additional structures: None
    • Parcel number: 4263005053
    • Zoning: LAR3
    • Special conditions: Standard
    • Other equipment: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1958

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $567/sqft
    • Tax assessed value: $1,603,690
    • Date on market: 9/29/2025

    Price history

    DateEventPrice
    2/13/2026Sold$2,450,000-12.3%$567/sqft
    Source: CLAW #25597729 Report a problem
    2/6/2026Pending sale$2,795,000$647/sqft
    Source: CLAW #25597729 Report a problem
    12/16/2025Contingent$2,795,000$647/sqft
    Source: CLAW #25597729 Report a problem
    10/7/2025Price change$2,795,000+14.1%$647/sqft
    Source: CLAW #25597729 Report a problem
    9/29/2025Listed for sale$2,450,000+2622.2%$567/sqft
    Source: CLAW #25597729 Report a problem
    2/28/1997Sold$90,000$21/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $1,668,477 +2%
    2025$20,463 +1.2%$1,635,763 +2%
    2024$20,224 +173.8%$1,603,690 +200.7%
    2023$7,385 +4.3%$533,355 +2%
    2022$7,079 +1.5%$522,898 +2%
    2021$6,973 -0.9%$512,646 +1%
    2020$7,033 $507,390 +2%
    2019$7,033 +5.4%$497,442 +2%
    2018$6,674 $487,689 +2%
    2017$6,674 +2.7%$478,127 +2%
    2016$6,499 +2.9%$468,753 +1.5%
    2015$6,317 +0.1%$461,713 +2%
    2014$6,308 $452,669 +4.5%
    2011-- $433,127 +0.8%
    2010-- $429,891 -0.2%
    2009-- $430,913 +2%
    2008-- $422,465 +2%
    2007-- $414,182 +2%
    2006-- $406,062
    2005-- $406,062 +4%
    2004-- $390,296 +1.9%
    2003-- $383,144 +6.1%
    2000-- $361,048
    Find assessor info on the county website

    Neighborhood: Sawtelle

    Nearby schools

    GreatSchools rating