1630 Hilts Avenue
Los Angeles, CA, 90024 $ 5,350,000
Bedrooms16 Baths4.0 Sq 16,309 Monthly Estimate*
$ 32,941
Listed by Remax Commercial and Investment Realty
for $5,350,000 with 16 bedrooms and 4 full baths. This 16,309 square foot home was built in 1972 on a lot size of 0.2655.
We are pleased to present 1630 Hilts Avenue, an exceptional 12-unit multifamily investment opportunity located in one of the most prestigious and supply-constrained rental markets on Los Angeles' coveted Westside. Offered for sale for the first time in decades, this generational asset has been held by the same family ownership for many years and represents the rare opportunity to acquire a well-located Westwood apartment building with irreplaceable fundamentals, strong in-place income, and significant rental upside potential. Constructed in 1972 by the Seller's family, the property sits prominently on a large corner parcel at Hilts Avenue and Holman Avenue, providing strong curb appeal, excellent visibility, and an abundance of natural light throughout the building. The spacious apartment homes are significantly larger than typical modern construction, offering expansive living areas that continue to attract quality tenants seeking space and comfort in one of Los Angeles' most desirable residential neighborhoods. The residences feature a highly desirable amenity package including central air conditioning, a rare feature for buildings of this vintage, as well as fireplaces, oversized kitchens, and private balconies. These features combine to create an attractive residential environment that stands apart from many competing rental properties throughout the Westside. Residents also benefit from on-site laundry facilities and the tranquility of a quiet residential street while remaining moments from the dynamic lifestyle amenities that define West Los Angeles. 1630 Hilts Avenue is ideally situated just minutes from University of California, Los Angeles, one of the nation's premier universities and a major economic driver for the surrounding community. The property also offers convenient access to the employment centers and lifestyle amenities of Century City, Beverly Hills, and Santa Monica, placing residents at the center of the Westside's most desirable destinations.Due to long-term ownership and historically conservative rent increases, the property offers investors the opportunity to significantly increase rental income and unlock substantial value over time. With its large unit sizes, rare amenities, prominent corner location, and long-term family ownership, 1630 Hilts Avenue represents a rare opportunity to acquire a pride-of-ownership apartment building in one of Los Angeles' most prestigious rental markets, offering investors both stable income today and the ability to capture substantial rental upside over time in a highly desirable Westside location.
See more
FeaturesGeneralLiving Area 16309
Heating Radiant
Cooling Central Air
Appliances Dishwasher Microwave Refrigerator Trash Compactor
Zoning LAR3
Year Built 1972
Stories Count 1
Levels One Multi/Split
Gross Income 436404
County Los Angeles
Net Operating Income 277917
New Construction false
Property Type Residential Income
HOA false
Garage Y/N true
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Corner of Hilts and Holman. A+ Location in Westwood near Century City
City Los Angeles
Senior Community Y/N false
Number Of Units Total 12
MLS Area C05 - Westwood - Century City
Lot Size Units Square Feet
Lot Size Square Feet 11564
Standard Status Active
Cap Rate 5.19
See more
InteriorTotal Stories 2
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 16
Total Baths 22
See more
ExteriorParking Features Assigned Garage Gated Side By Side Tandem
Total Parking 21
Lot Size Area 11564
Number of Buildings 1
Building Area Total 16309
Lot Size Acres 0.2655
See more
* Excluded FeaturesList ByRemax Commercial And Investment RealtyBroker
jon@taksainvestment.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $32,941
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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 $1,885,032
Percent of Sale Price 65%
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
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/2/2026 | $5,350,000 | | Listed Price |