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Off market
  • $8,462,400

    651 Midvale Ave, Los Angeles, CA 90024

    20beds
    5baths
    15,657sqft
    MultiFamily
    Built in 1950
    -- sqft lot
    $8,462,400 Zestimate®
    $540/sqft
    $4,184 Estimated rent

    Home value

    $8,462,400

    $6.94M - $10.15M

    $4,184/mo

    Zestimate® history
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    Owner options

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    $4,184/mo

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    $4,184/mo

    Rent Zestimate®

    Refinance and save

    $53,643/mo

    Est. payment

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    $53,643/mo

    Est. payment

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    What's special

    Best priced property in Westwood! Approximatley 400k price reduction!! Truly unique and rare opportunity to acquire a pride of ownership gem in the heart of Westwood Village. 651 Midvale has been family owned since it was developed and has been meticulously well maintained over the years. The property was built in 1950, and the original charm and beauty is still reflected today. The property has historically low vacancies, as there is a constrained supply of quality student housing in the area; thus, there is significant rental upside allowing an investor to capitalize on very high Westwood rents. Just a short walk to the UCLA campus, the building boasts an attractive unit mix consisting of almost all 1 and 2 bedroom units with terrific floor plans. The units are very spacious, and since the property is located on a corner, the units offer an abundance of natural light.Truly one of the nicest properties ever to be available for sale in the Village.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 20
    • Bathrooms: 5
    Heating
    • Other
    Cooling
    • Other
    Interior area
    • Total interior livable area: 15,657 sqft

    Property

    Parking
    • Parking features: Carport, Garage - Attached, Garage - Detached
    Lot
    • Size: 0.39 Acres

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1950

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $540/sqft

    Price history

    DateEventPrice
    8/31/2016Sold$8,000,000-1.5%$511/sqft
    Source: CLAW #16151886 Report a problem
    8/12/2016Pending sale$8,125,000$519/sqft
    Source: Remax Commercial and Investment Realty #16151886 Report a problem
    8/10/2016Price change$8,125,000-4.4%$519/sqft
    Source: Remax Commercial and Investment Realty #16151886 Report a problem
    6/22/2016Listed for sale$8,495,000$543/sqft
    Source: Remax Commercial and Investment Realty #16137282 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Westwood

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $8,462,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $8,462,400