This beautiful Property is in Prime West Los Angeles. Fourplex Exceptional investment opportunity in one of West Los Angeles' most desirable neighborhoods. This unique four-unit property offers an outstanding unit mix consisting of a spacious detached 4-bedroom, 2-bath front house, a large 2-bedroom, 1-bath rear unit with a private backyard, and two bright upper 1-bedroom, 1-bath apartments. Each residence includes in-unit washer and dryer, full kitchen appliances, and generous living space. The rear 2-bedroom unit enjoys a large, private backyard, while the detached front house offers the privacy and feel of a single-family residence. Property features include approximately 3,498 square feet of living space on a 5,850 square foot LAR3 lot, approximately 5 on-site parking spaces, separately metered gas and electric, and an excellent layout that attracts long-term tenants. Located just minutes from UCLA, Santa Monica, Brentwood, Century City, Beverly Hills, major employment centers, shopping, dining, and convenient freeway access, this property offers both stable income and long-term appreciation potential. Current Income* Unit 1 Detached 4BD/2BA House: $4,595/month* Unit 2 Spacious 2BD/1BA with Private Yard* Unit 3 Bright Upper 1BD/1BA* Unit 4 Bright Upper 1BD/1BAThis is an outstanding opportunity for investors, 1031 exchange buyers, or owner-users seeking a high-quality West Los Angeles asset with excellent upside potential and strong long-term value.
For sale
Price cut: $200K (7/24)
$2,395,000
1450 Butler Ave, Los Angeles, CA 90025
8beds
5baths
3,498sqft
Multi Family
Built in 1958
-- sqft lot
$2,306,000 Zestimate®
$685/sqft
$-- HOA
What's special
- 51 days
- 155
- 11
Zillow last checked:
Listing updated:
Listed by:
Shaheen Moarefi DRE # 01075311 310-936-2471,
Shaheen Moarefi 310-471-2060
Source: CLAW,MLS#: 26857591
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
Heating
- Wall
Cooling
- Window Unit(s)
Appliances
- Included: Dishwasher, Dryer, Freezer, Disposal, Trash Compactor, Refrigerator, Range/Oven
- Laundry: Electric Dryer Hookup, Gas Or Electric Dryer Hookup
Features
- Flooring: Laminate
Interior area
- Total structure area: 3,498
- Total interior livable area: 3,498 sqft
Property
Parking
- Total spaces: 5
- Parking features: Garage - 1 Car, Garage - 2 Car, Garage - 3 Car, Shared Driveway, Concrete
- Has garage: Yes
- Has uncovered spaces: Yes
Features
- Levels: Two
Lot
- Size: 5,850 Square Feet
Details
- Additional structures: None
- Parcel number: 4263016012
- Zoning: LAR3
- Special conditions: Standard
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: $685/sqft
- Tax assessed value: $2,296,651
- Date on market: 7/15/2026
- Total actual rent: 150228
- Tenant pays: Gas, Electricity, Cable TV
Estimated market value
$2,306,000
$2.19M - $2.42M
$3,607/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2026 | Price change | $2,395,000-7.7%$685/sqft |
Source: | ||
| 7/15/2026 | Listed for sale | $2,595,000+23.6%$742/sqft |
Source: | ||
| 8/12/2025 | Listing removed | $4,495$1/sqft |
Source: | ||
| 8/10/2025 | Listed for rent | $4,495$1/sqft |
Source: | ||
| 8/9/2025 | Listing removed | $4,495$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/8/2025 | Listed for rent | $4,495+2.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/12/2024 | Listing removed | $4,395$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/24/2024 | Price change | $4,395-2.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/15/2024 | Price change | $4,495-4.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/2/2024 | Listed for rent | $4,695-4.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/1/2024 | Listing removed | -- |
Source: | ||
| 4/23/2024 | Listed for rent | $4,895+123%$1/sqft |
Source: | ||
| 1/16/2024 | Listing removed | -- |
Source: | ||
| 1/11/2024 | Price change | $2,195-8.4%$1/sqft |
Source: | ||
| 12/15/2023 | Listed for rent | $2,395-47.9%$1/sqft |
Source: | ||
| 3/17/2020 | Listing removed | $4,595$1/sqft |
Source: Shaheen Moarefi #20543490 Report a problem | ||
| 2/24/2020 | Price change | $4,595-4.2%$1/sqft |
Source: Shaheen Moarefi #20543490 Report a problem | ||
| 1/13/2020 | Listed for rent | $4,795$1/sqft |
Source: Shaheen Moarefi #20543490 Report a problem | ||
| 12/6/2019 | Sold | $2,100,000-2.3%$600/sqft |
Source: CRISNet / SRAR #SR19240741 Report a problem | ||
| 11/25/2019 | Pending sale | $2,150,000$615/sqft |
Source: RE/MAX One #SR19240741 Report a problem | ||
| 10/11/2019 | Listed for sale | $2,150,000$615/sqft |
Source: RE/MAX One #SR19240741 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $2,343,043 +2% |
| 2025 | $27,925 +1.2% | $2,297,111 +2% |
| 2024 | $27,586 +2.4% | $2,252,080 +2% |
| 2023 | $26,943 +4.9% | $2,207,932 +2% |
| 2022 | $25,688 +1.3% | $2,164,649 +2% |
| 2021 | $25,369 -1% | $2,122,215 +1% |
| 2020 | $25,633 | $2,100,460 +222.5% |
| 2019 | $25,633 +220.4% | $651,310 +2% |
| 2018 | $7,999 | $638,549 +2.1% |
| 2017 | $7,999 +2.1% | $625,578 +2% |
| 2016 | $7,831 +2.7% | $613,313 +1.5% |
| 2015 | $7,625 +0.8% | $604,101 -21.5% |
| 2014 | $7,565 | $769,209 +35.7% |
| 2011 | -- | $566,701 +0.8% |
| 2010 | -- | $562,467 -53.1% |
| 2009 | -- | $1,200,000 +811.5% |
| 2006 | -- | $131,653 |
| 2005 | -- | $131,653 +4% |
| 2004 | -- | $126,542 +1.9% |
| 2003 | -- | $124,224 +6.1% |
| 2000 | -- | $117,061 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Sawtelle
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