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1539 Woodruff Ave, Los Angeles, CA 90024
$7,700,000
1539 Woodruff Ave, Los Angeles, CA 90024View this property at 1539 Woodruff Ave, Los Angeles, CA 90024
1539 Woodruff AveLos AngelesCA90024
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Property Description
Casa Glen Apartments is a premier asset owned by the same family since it was constructed in 1968. Offered on the market for the first time in more than 50 years, the offering represents a fantastic investment opportunity to acquire a generational apartment building located in one of the most sought after rental markets in Southern California. The well-cared for 18-unit building is ideally situated on the corner of Beverly Glen and Woodruff between Santa Monica and Wilshire in prime Westwood. Just a short jaunt from the Century City Westfield Mall and convenient to Westwood Village and UCLA, the building draws its tenant base from the bustling employments hubs of Beverly Hills, Century City, Westwood, West LA and West Hollywood. Tenants benefit from its close proximity tonearby shopping, entertainment, schools, parks and public transportation. It also sits between the future Century City and Westwood/UCLA Metro Purple Line stations. The building consists of large one-bedroom units over a gated on-grade garage with 18 parking spaces and a controlled access entry. The units and common areas have been upgraded to varying degrees and is perfectly positioned for an investor to capture rental upside and increased value with a more substantial renovation. Upgrades include mostly copper plumbing, newer security gates, kitchen, bathroom and common area upgrades. The building is not identified in the LADBS Soft-Story retrofitting program. Casa Glen offers an investor a unique opportunity to acquire a generational value-add apartment building with substantial rental upside and located in a fantastic area.
Full Property Details
Full Property Details for 1539 Woodruff Ave
General
- Sold For: $7,700,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 22-125395
- Added to Site: 821 day(s) ago
Rooms
Bedrooms
- Total Bedrooms: 18
Additional Information
- Other Features: None
Parking
- Garage Description: Garage
Location
- Area: Westwood - Century City
- County: Los Angeles
- Driving Directions: Corner of Beverly Glen and Woodruff between Santa Monica and Wilshire
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: Central
Structural Information
- # Buildings: 1
- Stories/Levels: 3
- Square Feet: 14,979
- Sq. Ft. Source: Assessor
- Year Built: 1968
- Year Built Source: Assessor
Unit Information
- Units in Complex: 18
- Unit Type: 2106
Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1724
- Lot Size: 7509
- Lot Size Source: Assessor
- Zoning: LAR3
Financial Considerations
- Price Per Sq. Ft.: $484.01
- Assessment Year: 1968
Disclosures and Reports
- Disclosures/Reports: None
- APN: 4327-005-032
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Schools
Schools serving 1539 Woodruff Ave
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
1403 Fairburn Ave, Los Angeles, CA 90024 | K-5 | 0.3 mi | |
1650 Selby Ave, Los Angeles, CA 90024 | 6-8 | 0.7 mi | |
11800 Texas Ave, Los Angeles, CA 90025 | 9-12 | 2.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1539 Woodruff Ave
Date
Details
Price
Change
Source
3/07/2022
Sold
$7,700,000
6.21%
MLS
2/08/2022
Listed
$7,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1539 Woodruff Ave, Los Angeles, CA 90024 (MLS# 22-125395) is a Multi-Family property that was sold at $7,700,000 on March 07, 2022. This property was listed by Eric Sackler from our Brentwood Office.Want to learn more about 1539 Woodruff Ave? Do you have questions about finding other Multi-Family real estate for sale in Century City? You can browse all Century City real estate or contact a Coldwell Banker agent to request more information.