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Nicole Sasville

nicole.sasville.realtor@gmail.com +1(925) 642-4952

$ 1,995,000

Est. payment | -/mo

4 Beds

5 Baths

3,530 SqFt

Save

$ 1,995,000

Est. payment | -/mo

Save

4 Beds

5 Baths

3,530 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,530 sqft

Price per Sqft $565

MLS Listing ID 26870449

Bedrooms 4

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1952

Lot Size 6,499 Sqft

Property Description

A rare combination of architectural character, privacy, and investment potential in prime Westwood. Set on an up-sloping lot, this classic mid-century four-unit property features a unique staggered design, with each residence positioned on its own level, creating an uncommon sense of separation and privacy. The favorable unit mix includes two spacious one-bedroom residences, one single, and an expansive two-bedroom, two-bathroom "Owner's Unit" with private backyard. Tastefully remodeled with modern finishes, the Owner's Unit features an open-concept kitchen, recessed lighting, distinctive wraparound brick fireplace, and central HVAC. Throughout the property, large windows provide abundant natural light, original hardwood floors have been beautifully maintained, and each of the four units enjoys its own in-unit laundry. The other residences feature individual window/wall A/C units. Four enclosed garage spaces plus additional tandem parking provide excellent convenience, while a brand-new roof represents an important recent improvement. Fully occupied and situated in a quiet residential neighborhood just moments from UCLA and an extensive collection of nearby shops, restaurants, cafes, and amenities, the property benefits from exceptionally strong and stable rental demand. Current rents offer approximately 23% future upside, creating an attractive opportunity for both owner-users and investors. Stylish, spacious, private, and incredibly well located, 1581 Manning Avenue is a compelling Westwood multifamily offering with meaningful long-term upside. * Buyer to independently verify the feasibility of recovering possession of the "Owner's Unit" for owner occupancy.

Location

State CA

County Los Angeles

Area C05 - Westwood - Century City

Zoning LAR3

Interior

Heating Central, Fireplace(s), Wall Furnace

Cooling Central Air, Wall/Window Unit(s)

Flooring Carpet, Tile, Wood

Fireplaces Type Living Room

Fireplace Yes

Appliance Dishwasher, Gas Cooktop, Refrigerator, Dryer, Washer

Exterior

Parking Features Assigned, Covered, Driveway

Garage Spaces 4.0

Carport Spaces 4

Garage Description 4.0

Pool None

View Y/N No

View None

Roof Type Composition,Shingle

Total Parking Spaces 8

Private Pool No

Building

Faces East

Story 2

Entry Level Multi/Split

Sewer Other

Architectural Style Mid-Century Modern

Level or Stories Multi/Split

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 4325031016

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Financing Cash

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Allen Roth Sotheby's International Realty #01272304

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+1(925) 642-4952

nicole.sasville.realtor@gmail.com

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1581 Manning AVE Los Angeles, CA 90024