Request More Info
Schedule a Showing
Share
Print
|
Significant price reduction for an incredible building in West LA!!! We are pleased to present a rare opportunity to acquire a newer-construction, non-rent-controlled apartment community in the heart of prime West Los Angeles. Built in 1987, the property is exempt from Los Angeles City Rent StabilizationOrdinance (RSO) and instead governed by AB 1482, providing investors with significantly greater flexibility to adjust rents to market over time an exceptionally rare attribute for multifamily assets in this submarket. The property features nine large, well-designed apartment homes with an outstanding unit mix consisting of five(5) two-bedroom / two-bath units including one unit with an additional bathroom and two units with dramatic lofts and soaring ceilings and four (4) one-bedroom / one-bath units, two of which also feature spacious lofts with high ceilings. The lofted layouts, volume ceilings, and generous floor plans create a highly desirable living experience that commands premium rents and strong long-term tenant demand.Interior finishes include quartz countertops, vinyl plank flooring, minimum of 9 foot ceilings, gas fireplaces, and private outdoor balconies, offering a modern living environment consistent with today's renter expectations. Building amenities include controlled intercom access, copper plumbing, and ample subterranean parking, further enhancing tenant appeal and operational stability. Ideally located on Granville Avenue in West Los Angeles, the property benefits from immediate access to UCLA, Century City, Brentwood, and Santa Monica, placing it at the center of one of the strongest and most resilient rental markets in Southern California. Residents enjoy proximity to major employment hubs, top medical and educational institutions, premier retail and dining along Wilshire Boulevard and Westwood Village, and convenient access to the 405 Freeway, providing connectivity throughout the Westside. With its combination of newer construction, AB 1482 rent structure, strong in-place tenancy, and significant rental upside, 1532 Granville Avenue presents investors with a rare opportunity to acquire a high-quality asset offering both immediate stability and long-term growth in one of Los Angeles' most supply-constrained submarkets
Property Type(s):
Residential Income
| Last Updated | 3/3/2026 | Year Built | 1987 |
|---|---|---|---|
| Community | WLA - West Los Angeles | County | Los Angeles |
Price History
| Prior to Mar 3, '26 | $4,250,000 |
|---|---|
| Mar 3, '26 - Today | $4,125,000 |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Microwave, Refrigerator |
| AREA | WLA - West Los Angeles |
| HEAT | Wall Furnace |
| LOT | 7000 sq ft |
| LOT DIMENSIONS | 50x140 |
| PARKING | Assigned, Gated |
| STORIES | One, Multi/Split |
Location
Contact us about this Property
| / | |
| We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Carie Webber to contact you even if your name is on a Federal or State "Do not call List". | |
Listed with Remax Commercial and Investment Realty
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 2026.
Twitter
Facebook
Email