1246 South Saltair Avenue Los Angeles, CA $ 2,795,000
1246 South Saltair Avenue
$ 2,795,000
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1246 South Saltair Avenue

Los Angeles, CA, 90025
$ 2,795,000
Baths0.0 Sq 4,320

Monthly Estimate*

$ 17,437

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $2,795,000. This 4,320 square foot home was built in 1958 on a lot size of 0.16.

1246 S Saltair Avenue is a charming 8-unit multifamily property located in the heart of West Los Angeles, adjacent to Brentwood. One renovated unit will be delivered VACANT at close of escrow. Built in 1955/1958, the property consists of two separate structures, each containing four one-bedroom, one-bathroom units averaging 540 square feet each. A thoughtfully designed courtyard connects the two buildings, creating a central community garden for residents. The property benefits from a series of recent capital improvements that enhance both livability for tenants and long-term stability for ownership. Five of the eight units have been remodeled within the past three years including new wall heaters, one unit in the front structure includes a mini-split HVAC system, and all 8 units are equipped with their own separate water heater. The drain lines were replaced under the back building and a new sewer main line was installed. Plus there have been electrical panel upgrades for every unit, new dual-pane vinyl windows installed throughout, and a full exterior repaint was completed last year. Additional amenities include seven dedicated parking spaces: five uncovered at the rear and one on each side of the front of the property, along with a building-owned on-site laundry facility that provides convenience for residents while generating supplemental income for ownership. The property is ideally located in a highly sought-after West Los Angeles neighborhood. Residents enjoy close proximity to Sawtelle Japantown, known for its diverse dining options including Tsujita LA Artisan Noodle, Daikokuya, and Sushi Tsujita, along with a variety of boutique shops and cafes. The property is also minutes from Westfield Century City, cultural attractions such as the Hammer Museum and UCLA, and just a short drive to the beaches of Santa Monica. With direct access to Century City, Beverly Hills, and Santa Monica employment hubs, as well as convenient transportation options via the I-405 and Metro Expo Line, the property is well positioned to attract strong and stable tenant demand. With its prime Westside location, extensive recent upgrades, and strong area fundamentals, 1246 S Saltair Avenue presents investors with the opportunity to acquire a well-maintained, cash-flowing asset in one of Los Angeles' most desirable rental submarkets.

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Multi-Family Contingent

Price

$ 2,795,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.16

Year Built

1958

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0025597729

Features
General
Living Area 4320.0
Heating Wall Furnace
Zoning LAR3
Year Built 1958
Levels Two
County Los Angeles
Net Operating Income 122823.0
New Construction No
Property Type C
HOA No
Contingency Active Under Contract
Status Active Under Contract
City Los Angeles
Senior Community Y/N No
MLS Area WLA - West Los Angeles
Lot Size Units Square Feet
Lot Size Square Feet 6861.0
Standard Status Active Under Contract
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Exterior
Parking Features Uncovered Driveway
Lot Size Area 6861.0
Pool Y/N? Yes
Building Area Total 4320.0
Lot Size Acres 0.16
Land Lease Type Fee
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Interior
Total Stories 2
Heating Y/N Yes
Total Baths 0
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* Excluded Features
List By
Jake Glaser

Listing Agent

Lyon Stahl Investment Real Estate, Inc.

Broker

Affordability Calculator

$17,437
Per Month
100%
0%
0%
Monthly Principal & Interest
$17,437
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/30/2025$2,450,000 Listed Price

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1246 South Saltair Avenue, Los Angeles, CA, 90025 is a Multi-Family Home for sale at $2,795,000 with 4,320 sqft and a lot size of 0.16. 1246 South Saltair Avenue is a studio with 0.0 baths and was built in 1958. The property's zip code is 90025 which is in Los Angeles, CA