1581 Manning Avenue, Los Angeles, CA 90024
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
1581 Manning Avenue,Los Angeles, CA 90024
$1,995,000
- 4 Beds
- - Baths
- 3,530 sq. ft.
- Multi-family
- Active
Listed by: allen roth
Office: sotheby's international realty
MLS#:CL26870449
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$1,995,000
- Price per sq. ft.:$565.16
About this home
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. With 100% occupancy and ease of management, this asset is ideally suited for a 1031 Exchange or portfolio expansion....
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Home facts
- Year built:1952
- Listing ID #:CL26870449
- Added:58 day(s) ago
- Updated:October 11, 2026 at 02:32 PM
Rooms and interior
- Bedrooms:4
- Flooring:Carpet, Tile, Wood
- Living area:3,530 sq. ft.
Heating and cooling
- Cooling:Central Air, Wall/Window Unit(s)
- Heating:Central, Fireplace(s), Wall Furnace
- Central air:Yes
Structure and exterior
- Year built:1952
- Building area:3,530 sq. ft.
- Lot area:0.15 Acres
Finances and disclosures
- Price:$1,995,000
- Price per sq. ft.:$565.16
Features and amenities
- Laundry features:Dryer, Washer
- Amenities:Smoke Detector(s)
Parking
- Parking description:Assigned, Covered
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