500 Midvale Avenue, Los Angeles, CA 90024

Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
500 Midvale Avenue,Los Angeles, CA 90024
$23,895,000
  • 0.7 Acres
  • Lots / Land
  • Active
Listed by:jonathan taksa
Office:remax commercial and investment realty
MLS#:25571855
Source:CRMLS

Price summary

  • Price:$23,895,000

About this home

We are pleased to present a once-in-a-generation opportunity to acquire three contiguous apartment buildings totaling 23 units, situated on a MASSIVE 30,634 square foot corner lot nearly three-quarters of an acre in the heart of Westwood Village. Located at 500, 512, and 520 Midvale Avenue, this irreplaceable assemblage is zoned R4(q) and offers one of the most unique and high-impact student housing or multifamily development opportunities in all of West Los Angeles. The property is ideally suited for a transformative new project that leverages both scale and location to deliver high-demand housing in a severely supply-constrained submarket. Just steps from UCLA, the property benefits from proximity to one of the most prestigious and densely populated public universities in the world, with over 46,000 students and limited on-campus housing availability. The area remains chronically undersupplied, and student housing rents in this submarket are among the highest in the city on a

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Home facts

  • Listing Id #:25571855
  • Added:27 day(s) ago
  • Updated:August 27, 2025 at 01:23 PM

Structure and exterior

  • Lot area:0.7 Acres

Finances and disclosures

  • Price:$23,895,000
Based on information from California Regional Multiple Listing Service, Inc. as of August 27, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.