Los Angeles, CA 90025 1611 Brockton Avenue
$3,900,000
24 more
Presented By: Matthew R. Kanner with Keller Williams Realty Los Feliz;
Home Details
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 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 singles, and one large, newly completed 760 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, and 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 27%+ rental upside 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.
Presented By: Matthew R. Kanner with Keller Williams Realty Los Feliz;
Interior Features for 1611 Brockton Avenue
Bedrooms
Total Bedrooms7
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths10
Other Interior Features
LivingAreaSourceOther
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Total Stories2
General for 1611 Brockton Avenue
Additional Parcels Y/NNo
AppliancesDishwasher, Refrigerator
Attached Garage No
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
Days on Market64
Directions1611 Brockton Ave is ideally situated in West LA, just 0.2 miles south of Santa Monica Blvd., 0.2 miles east of Bundy Dr., 0.5 miles west of Barrington Ave, and 0.7 miles north of Olympic Blvd.
Full Baths
Garage Y/NNo
Gross Income259266.0
HeatingWallFurnace
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet7377.0
Lot Size UnitsSquareFeet
MLS AreaWLA - West Los Angeles
MobileHomeRemainsYNNo
Net Operating Income172165.0
New ConstructionNo
NumberOfUnitsTotal10
Open Parking Spaces8.0
Private PoolNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
View Y/NNo
Waterfront Y/NNo
Year Built1961
Year Built SourceAssessor
ZoningLAR3
Exterior for 1611 Brockton Avenue
Building Area Total6198.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1694
Lot Size Area7377.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesAssigned, Uncovered
SpaNo
Total Parking8.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480