Located in a prime, walkable pocket of West LA, 1615 Greenfield Ave offers a rare 14-unit value-add opportunity near UCLA, Century City, Santa Monica, and Sawtelle Japantown. The property features a desirable mix of two- and three-bedroom units, gated entry, and dedicated parking highly sought-after amenities in this dense rental market. With current rents below market, investors can unlock upside through unit renovations and common area upgrades. Operating under fee simple ownership, utilities include separately metered electric and master-metered water and gas (for central water heating). This is a strong long-term hold with durable cash flow and appreciation potential in one of LA's most supply-constrained submarkets.
For sale
Price cut: $800K (8/15)
$7,500,000
1615 Greenfield Ave, Los Angeles, CA 90025
32beds
25baths
18,385sqft
Est.:
Multi Family
Built in 1962
-- sqft lot
$-- Zestimate®
$408/sqft
$-- HOA
What's special
Gated entryUnit renovationsCommon area upgradesDedicated parking
- 53 days
- on Zillow |
- 146 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: August 15, 2025 at 08:11am
Listed by:
Tony Azzi DRE # 00910513 310-666-2828,
Tony Azzi 310-909-5454
Source: CLAW,MLS#: 25554831

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 32
- Bathrooms: 25
Heating
- Other
Cooling
- Other
Interior area
- Total structure area: 18,385
- Total interior livable area: 18,385 sqft
Property
Parking
- Total spaces: 25
- Parking features: Garage, Garage - 1 Car, Driveway
- Has garage: Yes
- Has uncovered spaces: Yes
Features
- Levels: Three Or More
- Stories: 3
- Has view: Yes
- View description: City
Lot
- Size: 0.33 Acres
- Features: City Lot
Details
- Additional structures: None
- Zoning: LAR3
- Special conditions: Standard
- Other equipment: Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1962
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $408/sqft
- Tax assessed value: $1,013,299
- Date on market: 7/2/2025
- Total actual rent: 58031
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