1861 Midvale Ave

Los Angeles, CA 90025

$2,150,000
Price
10
Beds
9
Baths
5,538 Sq. Ft.
$388 / Sq. Ft.
5,538
Sq. Ft.
$388
per Sq. Ft.

Description

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...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.
  1. Listed by Benjamin Lewin • DRE #02040686 • Brokerage DRE #01238010 • Marcus & Millichap

Property Details for 1861 Midvale Avenue

Zoning
LAR3
Parcel Number
4323006021
Total Units
5.0
Living Area
5538
Source Living Area
Vendor Enhanced
Area
Westwood - Century City (C05)
Vacancy Rate
60%
Lot Size Area
6500
LISTING UPDATED: 12/01/2025 12:06 AM

Property Details for 1861 Midvale Avenue

StatusActive
MLS #25622831
Days on Market3
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1967
Lot Size0.15 AC / 6,500 SF
CountyLos Angeles County

Location

Listing Courtesy of Marcus & Millichap, Benjamin Lewin, DRE #02040686
Add your commute

Building Information for 1861 Midvale Avenue

Stories2Residences-Year Built1967Building Size-Lot Size0.15 AC / 6,500 SF

Payment Calculator

$13,063 per month

30 year fixed, 6.28% Interest

Principal and Interest

$10,624

Property Taxes

$2,439

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1861 Midvale Avenue

Community / Development
Community / Development
  • Number Of Units: 5
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 5
Contract Info
Contract Info
  • Financing: Cash, Cash To New Loan
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $179,292
  • Net Operating Income: $113,458.00
  • Gross Income: $179,292
  • Cap Rate: 5.28%
  • Gross Rent Multiplier: $11.99
  • Vacancy Allow Dollar: $5,379.00
  • Vacancy Allow Percent: 3.00%
  • Total Annual Expense: 61356
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1492
  • Lot Size Square Feet: 6500
Parking Details
Parking Details
  • Parking Garage: Driveway, Covered Parking
  • Total Parking: 5
  • Covered Parking: 4
  • Open Other Spaces Total: 1
  • Parking Features: Driveway, Covered
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Wall/Window
  • Cooling Type: Wall/Window
  • Heating: Wall Electric
  • Heating Type: Wall Electric
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 12-01-2025
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,750.00
  • Unit Actual Rent: $2,750.00
  • Unit Projected Rent: $2,750.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $2,926.00
  • Unit Actual Rent: $2,926.00
  • Unit Projected Rent: $4,250.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,600.00
  • Unit Actual Rent: $3,600.00
  • Unit Projected Rent: $3,600.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,600.00
  • Unit Actual Rent: $3,600.00
  • Unit Projected Rent: $3,600.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,065.00
  • Unit Actual Rent: $2,065.00
  • Unit Projected Rent: $3,600.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $710,274.00
  • Assessed Improvement Percent: 30.0
  • Assessed Land Value: $1,657,314.00
  • Assessed Land Percent: 70
  • Assessed Total Value: $2,367,588.00

Property History for 1861 Midvale Avenue

DateEvent & SourcePriceAppreciation
Dec 1, 2025

Listed (Active)

CRMLS #25622831

$2,150,000—
Dec 1, 2025

Listed (Active)

CLAW #25622831

$2,150,000—
May 27, 2025

Expired

CRMLS #25517577

—
May 27, 2025

Expired

CLAW #25517577

$2,300,000—
May 6, 2025

Withdrawn / Cancelled

CRMLS #25517577

$2,300,000—
May 6, 2025

Withdrawn / Cancelled

CLAW #25517577

$2,300,000—
Mar 27, 2025

Listed (Active)

CRMLS #25517577

$2,450,000—
Mar 27, 2025

Listed (Active)

CLAW #25517577

$2,450,000—
Jun 10, 2023

Expired

CRMLS #23266481

$2,500,000—
Jun 10, 2023

Expired

CLAW #23-266481

$2,500,000—
May 2, 2023

Listed (Active)

CRMLS #23266481

$2,500,000—
May 2, 2023

Listed (Active)

CLAW #23-266481

$2,500,000—
Jun 29, 2015

Sold (Public Record)

Public Record #552747321

$2,000,000—
DateEvent & SourcePrice
12/01/2025

Listed (Active)

CRMLS #25622831

$2,150,000
12/01/2025

Listed (Active)

CLAW #25622831

$2,150,000
05/27/2025

Expired

CRMLS #25517577

—
05/27/2025

Expired

CLAW #25517577

$2,300,000
05/06/2025

Withdrawn / Cancelled

CRMLS #25517577

$2,300,000
05/06/2025

Withdrawn / Cancelled

CLAW #25517577

$2,300,000
03/27/2025

Listed (Active)

CRMLS #25517577

$2,450,000
03/27/2025

Listed (Active)

CLAW #25517577

$2,450,000
06/10/2023

Expired

CRMLS #23266481

$2,500,000
06/10/2023

Expired

CLAW #23-266481

$2,500,000
05/02/2023

Listed (Active)

CRMLS #23266481

$2,500,000
05/02/2023

Listed (Active)

CLAW #23-266481

$2,500,000
06/29/2015

Sold (Public Record)

Public Record #552747321

$2,000,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1861 Midvale Avenue

Taxable ValueLand$1,657,314Additions$710,274Total$2,367,588
Tax Record2025$29,262 ($2,439 / month)
Home Facts
Total Finished SqFt5,538 SqFtAbove Grade Finished SqFt5,538 SqFtLot Size6,498 SqFtStyleMulti-Family Res (5+ Units)Year Built1967ZoningLAR3CountyLOS ANGELESAPN4323-006-021

Schools near 1861 Midvale Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Westwood Charter Elementary School
Charter - K to 5
Daniel Webster Middle School
Public - 6 to 8
Emerson Community Charter School
Charter - 6 to 8
University Senior High School Charter
Charter - 9 to 12
Rating
School
Distance
Westwood Charter Elementary School
CharterK to 5

Daniel Webster Middle School
Public6 to 8

Emerson Community Charter School
Charter6 to 8

University Senior High School Charter
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1861 Midvale Avenue, Los Angeles, CA 90025

1861 Midvale Avenue is a multi-family home for sale in Los Angeles, CA 90025. This property was listed for sale on December 1, 2025 by Marcus & Millichap, it's currently listed at $2,150,000. It has been on the market for a total of 3 days and was last sold on June 29, 2015. This listing's school district is Los Angeles Unified School District. Nearby schools include Westwood Charter Elementary School, Daniel Webster Middle School and Emerson Community Charter School. 1861 Midvale Avenue is a 10-bed, 9-bath, 5,538 sqft multi-family home built in 1967.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Benjamin Lewin, DRE #02040686

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.