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$9995000   Price Analysis
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1818 Camden Ave
Los Angeles, CA 90025
35 bed 32 bath 19166 SqFt ($521/SqFt)
0.3 acre lot. Built 1987
Listed 2024-06-26, Taxes $122345
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

We are pleased to present an incredibly unique investment opportunity in LA's vibrant Westside.

1818 Camden Avenue consists of 16 striking units ideally located near Westwood and Century City. Having been built in 1987, it is NOT subject to the City of Los Angeles' Rent Stabilization Ordinance (AB 1482 applies). The property consists of one building with three floors of residential units over one level of gated subterranean parking (exempt from seismic soft story retrofit). The ideal unit mix consists of three extra vast 3-bedroom, 2-bathroom units and thirteen large 2-bedroom, 2-bathroom units. Interiors have been finished with charming pergo flooring, modern cabinetry and upgraded kitchens and bathrooms with granite and/or quartz countertops.

The building offers its residents lushly landscaped facade, an intercom entry system, balconies, an on-site laundry room on each floor (machines owned by the Seller) and ample gated parking (32 spaces for 16 units). Each unit has a fireplace, central HV/AC, large bedroo ms, walk-in closets, minimum 9 foot ceilings throughout and dynamite floor plans flooded with natural light. Several upper floor penthouse units have high vaulted ceilings. This property is perfectly nestled between Century City and Westwood, along a serene treelined street setting. In close proximity to some of the best high-end dining and nightlife, this rare offering presents an astute investor with the unique opportunity to acquire a prestigious turnkey asset in one of the best rental locations in all of Los Angeles.


Presented by Jonathan Taksa at
RE MAX Commercial & Investment Realty.


Property MLS #24-408601 from TheMLSCLAW

Bedrooms: 35

Total Bathrooms: 32
Full Bathrooms: 32

Laundry Facilities: Community
Laundry Features: Community

Cooling Features: Central
Fireplace Features: Living Room
Heating Features: Central

Flooring: Hardwood

Covered Spaces: 32
Garage Description: Assigned, Subterr Tandem
Parking Total: 32

Lot Size Acres: 0.304247
Lot Size Source: Assessor
Lot Size Square Feet: 13253

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 16
Unit Features: 1 BedsTotal: 3, 1 BathsTotal: 2, 1 SquareFeet: 14700, 2 BedsTotal: 2, 2 BathsTotal: 2, 2 SquareFeet: 50700

Source Listing Status: Active
County: Los Angeles
Cap Rate: 4.91
Directions: West of Beverly Glen Blvd. and just South of Santa Monica Blvd.
Source Property Type: Residential Income
Area: Westwood - Century City
Source Neighborhood: Westwood - Century City
Parcel Number: 4323-013-185
Postal Code Plus 4: 4471
Zoning: LAR3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$4120619 + $6172519
$10293138
$122345
2021$4039823 + $6051490
$10091313
$120822
2020$3998400 + $5989440
$9987840
$122076
2019$2499813 + $847647
$3347460
$77079
2018$2450798 + $831027
$3281825
$41266
2017$2402744 + $814733
$3217477
$40355
2016$2355632 + $798758
$3154390
$39278
2015$2320249 + $786760
$3107009
$38718
2014$2274799 + $771349
$3046148
$38925
2013$2264519 + $767863
$3032382
$38921
2012$2220117 + $752807
$2972924
$39443
2010$2176586 + $738047
$2914633
$38656
2009$2165452 + $734273
$2899725
$37251
2009$2160319 + $732532
$2892851
$37251
2008$2122993 + $719876
$2842869
$35688
2007$2081366 + $705761
$2787127
$34474

Listed 2024-06-26
$9995000
TheMLSCLAW
Listing removed 2024-04-08
$3395
TheMLSCLAW
Price Changed for rent 2024-03-25
$3395
TheMLSCLAW
Listing removed 2024-03-06
$0
AppfolioUnits
Listing removed 2024-03-05
$0
TheMLSCLAW
Listed for rent 2024-03-04
$3495
TheMLSCLAW
Price Changed for rent 2024-02-26
$4345
TheMLSCLAW
Listing removed 2024-02-23
$0
AppfolioUnits
Listed for rent 2024-02-18
$4495
AppfolioUnits
Listing removed 2024-02-14
$3195
TheMLSCLAW
Listed for rent 2024-02-12
$4495
TheMLSCLAW
Price Changed for rent 2024-02-12
$3195
TheMLSCLAW
Listed for rent 2024-02-07
$3295
AppfolioUnits
Price Changed for rent 2024-01-30
$3295
TheMLSCLAW
Listing removed 2024-01-25
$3195
TheMLSCLAW
Listing removed 2024-01-25
$3495
TheMLSCLAW
Listing removed 2024-01-25
$3395
TheMLSCLAW
Listing removed 2024-01-25
$3645
TheMLSCLAW
Price Changed for rent 2024-01-22
$3345
TheMLSCLAW
Listed for rent 2024-01-08
$3495
TheMLSCLAW
Listing removed 2023-11-17
$0
AppfolioUnits
Listed for rent 2023-10-22
$3195
AppfolioUnits
Listing removed 2022-07-21
$3995
TheMLSCLAW
Listing removed 2020-11-09
$3195
TheMLSCLAW
Price Changed for rent 2020-11-02
$3195
TheMLSCLAW
Listed for rent 2020-10-27
$3295
TheMLSCLAW
Listing removed 2020-10-26
$3995
TheMLSCLAW
Listed for rent 2020-10-13
$3995
TheMLSCLAW
Listing removed 2020-10-12
$2995
TheMLSCLAW
Price Changed for rent 2020-09-29
$2995
TheMLSCLAW
Listed for rent 2020-09-17
$3195
TheMLSCLAW
Listing removed 2019-09-10
$0
TheMLSCLAW
Listed for rent 2019-09-05
$3495
TheMLSCLAW
Sold 2019-05-08
$9792000
Public Record
Listing removed 2014-03-12
$2295
WestsideRentals
Listed for rent 2014-02-24
$2295
WestsideRentals
Listing removed 2014-02-19
$2275
WestsideRentals
Listed for rent 2014-01-27
$2275
WestsideRentals

Net Operating Income: 490730

Total Square Feet Living: 19166
Year Built: 1987
Levels: Multi Levels
Living Area Source: Assessor
Property Age: 37
Levels or Stories: 3
Building Total Stories: 3
Year Built Source: Vendor Enhanced

Other Equipment: Built-Ins, Dishwasher, Garbage Disposal, Microwave, Intercom

Emerson Community Charter School is a public middle school located approximately 0.6 miles away.
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Westwood Charter Elementary School is a public elementary school located approximately 0.6 miles away.
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University Senior High School Charter is a public high school located approximately 1.2 miles away.
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Fusion Academy Los Angeles is a private middle and high school located approximately 0.3 miles away.
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Fusion Academy - Los Angeles is a private middle and high school located approximately 0.3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.