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$2,695,000
New Listing

864 Granville Avenue
Los Angeles, CA 90049

For Sale|Residential Income|Active
7
Beds
6
Total Baths
4,516
SqFt
$597
/SqFt
1965
Built
County:
Los Angeles
Listed by Jonathan Taksa of Remax Commercial and Investment Realty [email protected]
864 Granville Avenue864 Granville Avenue864 Granville Avenue864 Granville Avenue
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RARE FOURPLEX IN THE HEART OF BRENTWOOD. We are pleased to present 864 Granville Avenue, an exceptional four-unit multifamily property located in the heart of prime Brentwood, just steps away from San VicenteBoulevard's iconic coral tree-lined corridor. The property offers a rare combination of luxuriously upgraded residences, an extraordinary unit mix, substantial building improvements, residential financing eligibility, and an irreplaceable Brentwood location. Three of the four residences have been extensively remodeled with luxurious finishes, providing investors with a turnkey asset while retaining additional future upside. The property features an exceptional unit mix consisting of a truly unique and spacious three-bedroom/two-bath owner's residence, two one-bedroom/one-bath residences, and one two-bedroom/two-bath residence. With a living experience more comparable to a single-family home than an apartment unit, the expansive owner's residence is a two-story, townhouse-style home with a private rear yard. It includes central HVAC, an in-unit Bosch washer and dryer, cedar-lined closets and hardwood flooring throughout. The luxuriously appointed kitchen in the owner's residence features Italian cabinetry, granite counters, a large center island, a built-in 100-bottle Viking wine refrigerator, a Miele range and exhaust hood, a Miele dishwasher, a microwave drawer, a double-drawer under-counter refrigerator, and a built-in espresso and coffee maker. Of particular note, the owner's residence received a luxury exemption from the City of Los Angeles Rent Stabilization Ordinance (note: AB 1482 applies), providing a potentially significant benefit to future ownership. Buyer to independently verify whether the exemption remains in effect and is transferable toBuyer. Two of the four residences have been upgraded with central HVAC, while the other two residences have in-wall air conditioners. All residences have hardwired Ring video doorbells. Select residences feature hardwood floors, Italian cabinetry, wine refrigerators and/or skylights that fill the interiors with natural light. Additional significant improvements have been made to the building and its major systems, including all-copper plumbing, upgraded electrical, and the recently completed soft-story seismic retrofit. Further, the SB 721 balcony inspection was completed, with no work needed. Additional amenities include a surveillance video camera system, a common laundry room with machines owned by Seller (not leased from a vendor), and an exceptional parking ratio of two spaces per residence. Gas and electricity utilities are separately metered. As a four-unit property, 864 Granville Avenue qualifies for residential financing, potentially providing Buyer with more attractive financing alternatives than those typically available for five-plus-unit multifamily properties. This, combined with the exceptional owner's residence, makes the property particularly compelling for both traditional investors and owner-users. Situated in a Walker's Paradise in the heart of Brentwood, the property benefits from one of the most desirable residential locations on Los Angeles' Westside. Residents enjoy convenient access to the shops, restaurants and neighborhood amenities along San Vicente Boulevard, as well as proximity to UCLA, Santa Monica, Century City, Westwood and the greater Westside employment base. Brentwood's combination of affluent demographics, exceptional lifestyle amenities, highly desirable residential character and significant barriers to new multifamily development continues to support strong long-term rental demand. With its rare townhouse-style owner's residence, luxuriously upgraded interiors, residential financing eligibility, exceptional parking, substantial completed capital improvements, and premier Brentwood location, the property represents a truly unique opportunity to acquire a high-quality four-unit asset in one of the Westside's most coveted rental markets.

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Listing Snapshot
Price 
$2,695,000
Days On Site 
0 Days
Bedrooms 
7
Inside Area (SqFt) 
4,516 sqft
Total Baths 
6
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1148 Acres
Year Built 
1965
MLS® Number 
26101910
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 hours agoListing updated with changes from the MLS®
9 hours agoListing first seen on site
General Features
Acres 
0.1148
Attached Garage 
Yes
Levels 
OneTwo
Number Of Stories 
2
Parking 
AttachedAssigned
Parking Spaces 
8
Special Circumstances 
Standard
SqFt Total 
4516
Zoning 
LAR3
Interior Features
Appliances 
DishwasherDisposalMicrowaveOvenRefrigerator
Cooling 
Central AirWall/Window Unit(s)
Heating 
CentralWall Furnace
Laundry Features 
Common Area
Window Features 
Double Pane Windows
Bathroom 
Kitchen 
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Exterior Features
Pool Features 
None
Windows/Doors 
Double Pane Windows
Community Features
MLS Area 
C06 - Brentwood


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
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