LKV Realty
Logo
$1,995,000
$6,000Reward *
1581 Manning Avenue, Los Angeles, CA 90024Listing ID 26870449

1581 Manning Avenue, Los Angeles, CA 90024

Active
Time on site: 4 daysLast updated: 3 days ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
4
Bathrooms
Bathrooms
5
Square Feet
Square Feet
3,530
Acres
Acres
0.15
Days on Site
Days on Site
3
Cooling
Cooling
Central Air, Wall/Window Unit(s)
Heating
Heating
Central, Fireplace(s), Wall Furnace
Year Built
Year Built
1952
Garages
Garages
4
Parking
Parking
Assigned, Covered, Driveway

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.

Property Information

Property Details

Location

Address
1581 Manning Avenue
County
Los Angeles
City
Los Angeles
Zip Code
90024
MLS Area
C05 - Westwood - Century City

Interior Features

Beds and Baths

Bedrooms
4

Building

Building Information

Square Feet
3,530
Year Built
1952
Roof
Composition, Shingle
Condition
Updated/Remodeled

Financial

Special Conditions
Standard
Allen RothSotheby's International Realty, (310) 724-7000

Market Report for 90024

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS
California Regional MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

CLW-X44971