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1246 S Saltair Ave

Los Angeles, CA 90025
  • $2,795,000
  • STATUS: Active Under Contract
  • ON SITE: 107 Days
  • MLS #: 25597729
Under Contract
$2,795,000
  • 8
    BEDS
  • 0.16
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 4,320
    SQFT
  • $647
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1958
County:
Area:

School Ratings & Info

Description

1246 S Saltair Avenue is a charming 8-unit multifamily property located in the heart of West Los Angeles, adjacent to Brentwood. One renovated unit will be delivered VACANT at close of escrow. Built in 1955/1958, the property consists of two separate structures, each containing four one-bedroom, one-bathroom units averaging 540 square feet each. A thoughtfully designed courtyard connects the two buildings, creating a central community garden for residents. The property benefits from a series of recent capital improvements that enhance both livability for tenants and long-term stability for ownership. Five of the eight units have been remodeled within the past three years including new wall heaters, one unit in the front structure includes a mini-split HVAC system, and all 8 units are equipped with their own separate water heater. The drain lines were replaced under the back building and a new sewer main line was installed. Plus there have been electrical panel upgrades for every unit, new dual-pane vinyl windows installed throughout, and a full exterior repaint was completed last year. Additional amenities include seven dedicated parking spaces: five uncovered at the rear and one on each side of the front of the property, along with a building-owned on-site laundry facility that provides convenience for residents while generating supplemental income for ownership. The property is ideally located in a highly sought-after West Los Angeles neighborhood. Residents enjoy close proximity to Sawtelle Japantown, known for its diverse dining options including Tsujita LA Artisan Noodle, Daikokuya, and Sushi Tsujita, along with a variety of boutique shops and cafes. The property is also minutes from Westfield Century City, cultural attractions such as the Hammer Museum and UCLA, and just a short drive to the beaches of Santa Monica. With direct access to Century City, Beverly Hills, and Santa Monica employment hubs, as well as convenient transportation options via the I-405 and Metro Expo Line, the property is well positioned to attract strong and stable tenant demand. With its prime Westside location, extensive recent upgrades, and strong area fundamentals, 1246 S Saltair Avenue presents investors with the opportunity to acquire a well-maintained, cash-flowing asset in one of Los Angeles' most desirable rental submarkets.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2026-01-14T23:42:48.14. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.deserthouseseekers.com/homes/168347479
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1246 S Saltair Ave Los Angeles, CA 90025

  • Price: $2,795,000
  • Status: Active Under Contract
  • On Site: 107 Days
  • MLS #: 25597729
8
Beds
8
Baths
0
½ Baths
0.16
Acres
4,320
SQFT
$647
$/SQFT
1958
Built
Neighborhood:
West L.A.
County:
Los Angeles
Area:
West L.A.
Property Description
1246 S Saltair Avenue is a charming 8-unit multifamily property located in the heart of West Los Angeles, adjacent to Brentwood. One renovated unit will be delivered VACANT at close of escrow. Built in 1955/1958, the property consists of two separate structures, each containing four one-bedroom, one-bathroom units averaging 540 square feet each. A thoughtfully designed courtyard connects the two buildings, creating a central community garden for residents. The property benefits from a series of recent capital improvements that enhance both livability for tenants and long-term stability for ownership. Five of the eight units have been remodeled within the past three years including new wall heaters, one unit in the front structure includes a mini-split HVAC system, and all 8 units are equipped with their own separate water heater. The drain lines were replaced under the back building and a new sewer main line was installed. Plus there have been electrical panel upgrades for every unit, new dual-pane vinyl windows installed throughout, and a full exterior repaint was completed last year. Additional amenities include seven dedicated parking spaces: five uncovered at the rear and one on each side of the front of the property, along with a building-owned on-site laundry facility that provides convenience for residents while generating supplemental income for ownership. The property is ideally located in a highly sought-after West Los Angeles neighborhood. Residents enjoy close proximity to Sawtelle Japantown, known for its diverse dining options including Tsujita LA Artisan Noodle, Daikokuya, and Sushi Tsujita, along with a variety of boutique shops and cafes. The property is also minutes from Westfield Century City, cultural attractions such as the Hammer Museum and UCLA, and just a short drive to the beaches of Santa Monica. With direct access to Century City, Beverly Hills, and Santa Monica employment hubs, as well as convenient transportation options via the I-405 and Metro Expo Line, the property is well positioned to attract strong and stable tenant demand. With its prime Westside location, extensive recent upgrades, and strong area fundamentals, 1246 S Saltair Avenue presents investors with the opportunity to acquire a well-maintained, cash-flowing asset in one of Los Angeles' most desirable rental submarkets.
Exterior Features

Levels Two Lot Size Area 6861 Other Structures None Parking Garage UncoveredDriveway Total Parking 7

Interior Features

Cooling Air Conditioning Equipment None Heating Wall

Property Features

Assessed Total Value 1603690 Disclosures None Gross Income 198900 Gross Operating Income 195333 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 122823.00 Number Of Buildings 2 Number Of Units 8 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 72510 Type Of Units 1+1 Year Built Source Vendor Enhanced Zoning LAR3

Listing provided courtesy of Jake Glaser DRE# of Lyon Stahl Investment Real Estate, Inc.: 310-425-9838.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2026-01-14T23:42:48.14. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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