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1861 Midvale AvenueLos Angeles, CA 90025

For Sale

$2,150,000

Smart Buyer Rebate $21,500

1861 Midvale Ave is a well-located five-unit apartment building in the heart of West Los Angeles, just one block south of Santa Monica Blvd and one block west of Westwood Blvd. The property offers an ideal mix of one 1-bed/1-bath unit, three 2-bed/2-bath units, and one 3-bed/2.5-bath unit, supporting strong long-term renter demand. Two of the 2-bed units and the updated 1-bed unit are currently vacant, providing an immediate value-add opportunity to lease at premium market rents. The building has been well maintained, featuring a 2017 roof, completed soft-story retrofit, and four tuck-under parking spaces plus additional driveway parking for at least five cars total. Seller has a recent $28K quote (including permits) for replacement of all electrical panels. With a Walk Score of 90, this location is a "Walker's Paradise," offering easy access to nearby shops, restaurants, grocery stores, and entertainment. With stable in-place income, low maintenance requirements, and approximately 19% remaining rental upside, 1861 Midvale Ave presents a compelling investment opportunity in one of West LA's most consistent multifamily submarkets.

Listed by Benjamin Lewin

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License #02040686

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Marcus & Millichap

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818-212-2659

Last updated December 10, 2025

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Source: CRMLS #25622831

Listing Facts

  • TypeMulti-family
  • NeighborhoodTehrangeles
  • Bedrooms10
  • Days on Prevu10
  • Size5,538 sqft
  • Price per sqft$388

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

12/01/2025
Status changed to Active
$2,150,000
12/01/2025
Listed by Marcus & Millichap
$2,150,000

Property Details for 1861 Midvale Avenue

Exterior

Construction

  • Number Of Units Total: 5
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1967

Measurements

  • Building Area Total: 5,538
  • Lot Size Acres: 0.14
  • Lot Size Area: 6,500
  • Lot Size Square Feet: 6,500
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.28
  • Gross Income: $179,292.00

Taxes

  • Parcel Number: 4323006021

Interior

Measurements

  • Living Area: 5,538

Rooms

  • Bathrooms Total Integer: 9
  • Bedrooms Total: 10

Parking

Parking

  • Open Parking Spaces: 1
  • Parking Features: Covered, Driveway
  • Parking Total: 5

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 10 bedrooms in this multi-family home at 1861 Midvale Avenue.

Does this multi-family home have parking?

Yes, there are 5 parking spaces available for 1861 Midvale Avenue.

How does 1861 Midvale Avenue compare to other multi-family homes in Tehrangeles?

This multi-family home is listed 59% below the average price for multi-family homes in Tehrangeles and has been on the market for 48 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 5,538 sqft.

1861 Midvale Avenue is a 10-bedroom multi-family home for sale in Los Angeles CA 90025. On Prevu for 10 days at $2,150,000. This home features 5,538 square feet of living space, located in Tehrangeles. The median listing price for multi-family homes in this area is $1,249,000. The home offers parking. View other multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.