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Edie Israel

[email protected] +1(714) 623-3543

$ 2,795,000

Est. payment -/mo

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Active Under Contract

1246 S Saltair AVE Los Angeles, CA 90025

8 Beds

8 Baths

4,320 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 4,320 sqft

Price per Sqft $646

MLS Listing ID 25597729

Bedrooms 8

HOA Y/N No

Year Built 1958

Lot Size 6,860 Sqft

Property Description

1246 S Saltair Avenue is a charming 8-unit multifamily property located in the heart of West Los Angeles, adjacent to Brentwood. One renovated unit will be delivered VACANT at close of escrow. Built in 1955/1958, the property consists of two separate structures, each containing four one-bedroom, one-bathroom units averaging 540 square feet each. A thoughtfully designed courtyard connects the two buildings, creating a central community garden for residents. The property benefits from a series of recent capital improvements that enhance both livability for tenants and long-term stability for ownership. Five of the eight units have been remodeled within the past three years including new wall heaters, one unit in the front structure includes a mini-split HVAC system, and all 8 units are equipped with their own separate water heater. The drain lines were replaced under the back building and a new sewer main line was installed. Plus there have been electrical panel upgrades for every unit, new dual-pane vinyl windows installed throughout, and a full exterior repaint was completed last year. Additional amenities include seven dedicated parking spaces: five uncovered at the rear and one on each side of the front of the property, along with a building-owned on-site laundry facility that provides convenience for residents while generating supplemental income for ownership. The property is ideally located in a highly sought-after West Los Angeles neighborhood. Residents enjoy close proximity to Sawtelle Japantown, known for its diverse dining options including Tsujita LA Artisan Noodle, Daikokuya, and Sushi Tsujita, along with a variety of boutique shops and cafes. The property is also minutes from Westfield Century City, cultural attractions such as the Hammer Museum and UCLA, and just a short drive to the beaches of Santa Monica. With direct access to Century City, Beverly Hills, and Santa Monica employment hubs, as well as convenient transportation options via the I-405 and Metro Expo Line, the property is well positioned to attract strong and stable tenant demand. With its prime Westside location, extensive recent upgrades, and strong area fundamentals, 1246 S Saltair Avenue presents investors with the opportunity to acquire a well-maintained, cash-flowing asset in one of Los Angeles' most desirable rental submarkets.

Location

State CA

County Los Angeles

Area Wla - West Los Angeles

Zoning LAR3

Interior

Heating Wall Furnace

Fireplace No

Exterior

Parking Features Driveway, Uncovered

Total Parking Spaces 7

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4263005053

Special Listing Condition Standard

Listed by Jake Glaser Lyon Stahl Investment Real Estate, Inc.

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES

Elementary Schools 20

10

Edison Language Academy

Public | PK - 5
10

Warner Avenue Elementary

Public | KG - 5
10

Westwood Charter Elementary School

Public | KG - 5
9

Kenter Canyon Charter School

Public | KG - 5
9

Franklin Elementary School

Public | PK - 5
9

Community Magnet Charter Elementary School

Public | KG - 5
9

Grant Elementary School

Public | PK - 5
9

Mar Vista Elementary

Public | KG - 5
9

Fairburn Avenue Elementary School

Public | KG - 5
9

Clover Avenue Elementary School

Public | KG - 5
9

Overland Elementary School

Public | KG - 5
8

Roosevelt Elementary School

Public | KG - 5
8

Santa Monica Alternative (K-8)

Public | KG - 8
8

McKinley Elementary School

Public | KG - 5
8

Will Rogers Learning Community

Public | KG - 5
8

Richland Avenue Elementary

Public | KG - 6
7

Nora Sterry Elementary School

Public | KG - 5
6

Grand View Boulevard Elementary School

Public | KG - 5
5

John Muir Elementary School

Public | PK - 5
5

Brockton Avenue Elementary

Public | KG - 5

Middle Schools 13

9

Lincoln Middle School

Public | 6 - 8
8

Paul Revere Charter School

Public | 6 - 8
8

New West Charter

Public | 6 - 10
7

John Adams Middle School

Public | 6 - 8
6

Emerson Community Charter

Public | 6 - 8
5

Mark Twain Middle School

Public | 6 - 8
5

Magnolia Science Academy 4

Public | 6 - 12
4

Daniel Webster Middle School

Public | 6 - 8
0

Archer School for Girls

Private | 6 - 12
0

Fusion Academy - los Angeles

Private | 6 - 12
0

City Charter Middle School

Public | 6 - 8
0

James J. Mcbride Special Education Center

Public | 6 - 12
0

Windward School

Private | 7 - 12

High Schools 9

9

Santa Monica High School

Public | 9 - 12
6

University High School Charter

Public | 9 - 12
0

St Monica Catholic High School

Private | 9 - 12
0

Pacifica Christian High School

Private | 9 - 12
0

Olympic High (Continuation)

Public | 9 - 12
0

Lighthouse Christian Academy

Private | 9 - 12
0

Marymount High School los Angeles

Private | 9 - 12
0

Arete Preparatory Academy

Private | 9 - 12
0

Notre Dame Academy Girls High School

Private | 9 - 12

School and business data provided by Attom Data.

Edie Israel

Agent | License ID: 01399225

+1(714) 623-3543

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Yorba Linda, CA

Edie Israel

1246 S Saltair AVE Los Angeles, CA 90025

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

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1246 S Saltair AVE