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2536 Military Ave
Los Angeles CA 90064 US

$1,875,000

Active Listing ID 24-438905
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5 bed
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Lot: 0.21 Acres
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Other

$1,875,000

Active Listing ID 24-438905
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2536 Military Ave West Los Angeles Owner-User, Two units to be delivered Vacant, including the owner's unit, - Investor Opportunity -- 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. For those looking to live on-site, the soon-to-be 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.

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Property Features

  • Facts
  • Lot Size: 0.21 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1875000
  • unparsedaddress: 2536 Military Ave
  • postalcity: Los Angeles
  • stateorprovince: CA
  • country: US
  • postalcode: 90064
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.2128
  • lotsizeunits: Acres
  • lotsizearea: 0.2128
  • livingarea: 2451
  • livingareaunits: Square Feet
  • latitude: 34.036511
  • longitude: -118.431249
  • listagentfullname: D. Timothy Byrne
  • listagentemail: tim.byrne@compass.com
  • listagentkey: 3yd-CLAWCA-X53195
  • listagentmlsid: X53195
  • listagentpreferredphone: 3108200195
  • listagentofficephone: 3108200195
  • listofficekey: 3yd-CLAWCA-X7710801
  • listofficemlsid: X7710801
  • disclaimer: Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CLAWCA
  • yearbuilt: 1939
  • listingcontractdate: 2024-09-12
  • listagenturl: http://www.compass.com
  • countyorparish: Los Angeles
  • parcelnumber: 4256-006-019
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 10
  • waterfrontyn: False
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -118.43125, 34.03651
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Compass", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"tim.byrne@compass.com", "ListBrokerageCity":null, "ListBrokerageCountry":"US", "ListBrokerageEmail":"hayley.gibson@compass.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/CLAWCA/ec33f3c01d6e11dfb59500219b994c72/20181220005425355.png", "ListBrokerageName":"Compass", "ListBrokeragePhone":null, "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":null, "ListBrokerageWebsiteUrl":"http://www.compass.com", "ListOfficeAddress1":"11601 Wilshire Blvd., ", "ListOfficeAddress2":"Suite 101", "ListOfficeBrokerMlsId":"X71023", "ListOfficeCity":"Los Angeles", "ListOfficeCountry":"US", "ListOfficeEmail":"hayley.gibson@compass.com", "ListOfficePostalCode":null, "ListOfficeStateOrProvince":null, "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income - Los Angeles, CA", "ListingURL":"https://listings.listhub.net/pages/CLAWCA/24-438905/?channel=rexren", "MLSModificationTimestamp":"2024-12-22T16:25:38Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/15/2025 12:50:27 AM GMT
Source Updated Date: 2/17/2025 6:48:26 AM GMT

Courtesy of: D. Timothy Byrne, Compass, tim.byrne@compass.com

Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.