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$1,775,000

Est. payment - /mo

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5 Beds

4 Baths

2,451 SqFt

Price Dropped by $20K

2536 Military Ave Los Angeles, CA 90064

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Marlyn Kamibayashiyama

marlyn4k@gmail.com +1(702) 325-8918

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,451 sqft

Price per Sqft $724

MLS Listing ID 25515801

Style Bungalow

Bedrooms 5

Year Built 1939

Lot Size 9,268 Sqft

Acres 0.2128

Property Sub-Type Multi-Family

Property Description

This versatile fourplex in West Los Angeles is an exceptional find for both owner-users and investors, offering significant upside potential in a high-demand location. Two units are vacant, including the owner's unit. For those looking to live on-site, the vacant "Owner's Unit" provides a unique opportunity. This spacious 2-bedroom, 1-bath residence, located at the rear of the property, includes a private entrance, an enclosed yard, a garage, and two additional parking spaces. It is an ideal choice for families or individuals who want the comfort of a single-family home with the benefit of rental income from the other units to help offset expenses. For investors, the property offers substantial value-add opportunities. Two of the units are exempt from the Los Angeles Rent Stabilization Ordinance (RSO), allowing for greater rental income potential. Additional value can be created by an accessory dwelling unit (ADU) conversion, as the property includes a free-standing garage structure and six uncovered parking spaces. The 9,268-square-foot lot provides further redevelopment possibilities, appealing to experienced developers who may envision creating a large single-family home with an ADU, provided by the LAR1 zoning. This property stands out in a prime location undergoing revitalization, close to the new UCLA Research Park, the recently transformed Westside Pavilion. The property features lush landscaping, an enclosed front patio, and California palm trees which enhances the curb appeal. Residents will appreciate the proximity to the Expo Westwood/Rancho Park station, providing convenient access to Downtown Los Angeles and Santa Monica. Cyclists will enjoy the adjacent cross-city bike path.

Location

State CA

County Los Angeles

Area West L.A.

Zoning LAR1

Rooms

Other Rooms Other

Interior

Heating Wall

Cooling Ceiling Fan, Wall/Window

Fireplaces Type None

Equipment None

Laundry Outside

Exterior

Parking Features Garage - 4+ Car, Garage Is Detached, Side By Side

Garage Spaces 10.0

Pool None

Building

Architectural Style Bungalow

Level or Stories One

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Compass

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marlyn4k@gmail.com