1581 Manning Avenue
Los Angeles, CA, 90024 $ 1,995,000
Baths0.0 Sq 3,530 Monthly Estimate*
$ 12,597
Studio for $1,995,000. This 3,530 square foot home was built in 1952 on a lot size of 0.15.
A rare combination of architectural character, privacy, and investment potential in prime Westwood. Set on an up-sloping lot, this classic mid-century four-unit property features a unique staggered design, with each residence positioned on its own level, creating an uncommon sense of separation and privacy. The favorable unit mix includes two spacious one-bedroom residences, one single, and an expansive two-bedroom, two-bathroom "Owner's Unit" with private backyard. Tastefully remodeled with modern finishes, the Owner's Unit features an open-concept kitchen, recessed lighting, distinctive wraparound brick fireplace, and central HVAC. Throughout the property, large windows provide abundant natural light, original hardwood floors have been beautifully maintained, and each of the four units enjoys its own in-unit laundry. The other residences feature individual window/wall A/C units. Four enclosed garage spaces plus additional tandem parking provide excellent convenience, while a brand-new roof represents an important recent improvement. Fully occupied and situated in a quiet residential neighborhood just moments from UCLA and an extensive collection of nearby shops, restaurants, cafes, and amenities, the property benefits from exceptionally strong and stable rental demand. Current rents offer approximately 23% future upside, creating an attractive opportunity for both owner-users and investors. Stylish, spacious, private, and incredibly well located, 1581 Manning Avenue is a compelling Westwood multifamily offering with meaningful long-term upside. * Buyer to independently verify the feasibility of recovering possession of the "Owner's Unit" for owner occupancy.
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FeaturesGeneralLiving Area 3530
Heating Wall Furnace Central Fireplace(s)
Cooling Central Air Wall/Window Unit(s)
Roof Shingle Composition
Zoning LAR3
Architectural Style Mid Century Modern
Security Features Smoke Detector(s) Carbon Monoxide Detector(s)
Year Built 1952
Tenant Pays Cable TV Electricity Gas Insurance
Levels Multi/Split
Accessibility Other
County Los Angeles
New Construction false
Property Type Residential Income
HOA false
Status Active
City Los Angeles
Senior Community Y/N false
MLS Area C05 - Westwood - Century City
Lot Size Units Square Feet
Lot Size Square Feet 6499
Property Condition Updated/Remodeled
Structure Type None
Standard Status Active
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InteriorFlooring Carpet Tile Wood
Fireplace Features Living Room
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Laundry Features Dryer Included Washer Included
Total Baths 0
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ExteriorParking Features Assigned Covered Driveway
Water Source None
Lot Size Area 6499
Spa false
Building Area Total 3530
Lot Size Acres 0.15
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* Excluded FeaturesList BySotheby's International RealtyBroker
Affordability Calculator
- Monthly Principal & Interest
- $12,597
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,842,741
Percent of Sale Price 8%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
0 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/12/2026 | $1,995,000 | | Listed Price |