1743 Butler Ave, Los Angeles, CA 90025
1743 Butler Ave, Los Angeles, CA 90025
1743 Butler Ave, Los Angeles, CA 90025
1743 Butler Ave, Los Angeles, CA 90025
1743 Butler Ave, Los Angeles, CA 90025
1743 Butler Ave, Los Angeles, CA 90025
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$ 6,250,000
Est. payment | /mo

32 Beds

32 Baths

8,700 SqFt


Save
$ 6,250,000
Est. payment | /mo
Save

32 Beds

32 Baths

8,700 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,700 sqft

Price per Sqft $718

MLS Listing ID 26860739

Style Contemporary

Bedrooms 32

Construction Status Updated/Remodeled

Year Built 1980

Lot Size 8,152 Sqft

Acres 0.1871

Property Sub-Type Multi-Family

Property Description

Cara Co-Living is the finest property of its kind on the market today. A trophy asset on the Westside of LA in the Sawtelle area, Cara is a 32-suite professionally managed co-living property priced at a stabilized 6% cap rate with potential for upside. Immaculately maintained and designed with students and young professionals in mind, the property offers tenants a modern aesthetic with walkability and unrivaled in-suite amenities. Cara Co-Living is located 9 minutes by car to UCLA, a 15-minute walk to the future Metro D Line subway station at Wilshire in Brentwood (projected Fall, 2027), and is less than a 5-minute stroll to Sawtelle with its incredible array of dining, nightlife and entertainment options. Current ownership manages the asset with attention to every detail. Suites are appointed with murphy beds, custom built-ins including refrigerator/freezers, smart televisions, air conditioning and exquisitely designed private baths. Each of the eight units has a shared chef's kitchen and laundry machines serving four suites. Common areas include drought-tolerant landscaping, secure parking and a rear patio with grill, firepit, seating and a sunshade. Weekly cleaning is included, ensuring shared spaces are kept clean and attractive.

Location

State CA

County Los Angeles

Area West L.A.

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Electric

Cooling Air Conditioning

Fireplaces Type None

Equipment Barbeque, Built-Ins, Dishwasher, Refrigerator, Range/Oven, Washer, Dryer, Microwave, Garbage Disposal, Freezer

Laundry In Unit

Exterior

Parking Features Assigned, Subterranean, Private, Gated Underground

Garage Spaces 15.0

Pool None

Waterfront Description None

View Y/N Yes

View City Lights, City

Building

Story 2

Architectural Style Contemporary

Level or Stories Multi/Split

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by CB Richard Ellis, Inc.

Schools and Properties Nearby

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1743 Butler Ave