We are pleased to present 1611 Brockton Ave, a distinguished 10-unit multifamily investment opportunity located in the vibrant and highly desirable Brentwood-Adjacent pocket of West LA. This property is strategically positioned just two blocks southwest of the Santa Monica Blvd and Bundy Dr. intersection and two blocks northwest of Stoner… Read More Park, making it a prime choice for residential living in one of Los Angeles' most walkable westside locations. Built in 1961, this 2-story building spans a total of 6,198 square feet on a 7,375 square foot lot, under LAR3 zoning. The property features a great unit mix of 1 (2+1), 4 (1+1), 4 bachelors, and one large, newly completed 744 square foot ADU (1+1, not subject to rent control); more than half of which have been thoughtfully remodeled with modern amenities. These units boast new laminate wood flooring, quartz countertops, state-of-the-art stainless-steel appliances, and in-unit washers/dryers. Recent upgrades have modernized the living spaces, providing residents with a combination of comfort, style, and convenience. Practical amenities include separately metered gas and electric for each unit, on-site laundry, 8 parking spaces (2 tandem, 4 single), and the building's soft story retrofit work has been completed. West LA is home to a diverse community, including students at nearby colleges, families, and young professionals working in tech and finance, with significant job centers and employment hubs located on Olympic and Bundy, Santa Monica Blvd and Wilshire Blvd, and along Olympic Blvd. With a great WalkScore of 85, 1611 Brockton Ave is just moments away from prime West LA attractions, offering unparalleled access to popular nearby destinations like UCLA, Santa Monica, Palisades, Venice Beaches, Beverly Hills' Rodeo Drive, and 3rd Street Promenade. Brentwood-adjacent West LA and the surrounding serene neighborhoods have experienced an influx of professionals from tech over the past few years due to the growth of Silicon Beach, a thriving hub of pioneering companies expanding from the San Francisco tech sphere. Silicon Beach's tech community incorporates the swath of cities west of LA, extending from Santa Monica to Playa Vista, with innovative dining options, shops, residential projects, and unique boutiques emerging throughout the westside. The property also benefits from its proximity to essential transport links. The CA-2 (0.2 mi), the 405 (1 mi), and the 10 (1 mi) freeways are just minutes away, offering direct routes to DTLA, Santa Monica, Hollywood, and beyond. Residents additionally benefit from the nearby Metro Expo Line Expo/Bundy station, which connects the Westside to DTLA, Central LA, Pasadena, the San Fernando and San Gabriel Valleys, South Bay, and Long Beach. Strategically located in the heart of West LA, 1611 Brockton Ave is a significant value-add opportunity with the potential to achieve over 18%+ rental upside, a compelling investment for savvy investors looking to capitalize on the robust tenant demand and consistently high rental growth rates typical of the West Los Angeles rental market. This premium asset and its premier location make it a standout offering in a highly competitive rental landscape, poised to enjoy excellent cash flow and considerable appreciation for the foreseeable future. Read Less
Property listed by Keller Williams Realty Los Feliz, Matthew R. Kanner 323-300-1000
Listing Snapshot
Days Online
91
Last Updated
Property Type
Other
Beds
7
Square Ft.
6,198
Lot Size
0.17 Acres
Year Built
1961
MLS Number
25499931
30 Days Snapshot Of 90025
$1.33M
-8%
(avg) sold price
15
-11%
homes sold
65
-9%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dishwasher, Refrigerator
Building
Built in 1961, Building area total: 6,198, Levels: Two, Living area: 6198, 2 stories, 1 building
Heating
WallFurnace
Income
Gross income: $269,283, Net operating income: $180,119
Lot
0.1693 acres, 7,375 square feet, Size: 7,375
Parking
8 open parking spaces, 8 totals parking, Assigned, Uncovered
Property
Zoning: LAR3
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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