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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.
Property Type(s):
Residential Income
| Last Updated | 8/15/2025 | Year Built | 1962 |
|---|---|---|---|
| Community | C05 - Westwood - Century City | County | Los Angeles |
Price History
| Prior to Aug 15, '25 | $8,300,000 |
|---|---|
| Aug 15, '25 - Today | $7,500,000 |
Additional Details
| AREA | C05 - Westwood - Century City |
|---|---|
| GARAGE | Yes |
| LOT | 0.3279 acre(s) |
| PARKING | Driveway, Garage |
| STORIES | 3+ |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights |
Location
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Listed with Tony Azzi
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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