5,902 Sqft Lot
5,902 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB26237288
Construction Status Turnkey
HOA Y/N No
Year Built 2026
Lot Size 5,902 Sqft
Property Sub-Type Quadruplex
Property Description
The property features two 3-bedroom / 3-bath and two 4-bedroom / 4-bath residences ranging from 1,442 to 2,027 square feet, with pro forma rents from $6,500 to $8,500 per month. At the $4,795,000 asking price, the property offers a 5.85% pro forma cap rate and approximately $360,000 in projected annual rental income. The large multi-bedroom layouts are well positioned to appeal to families, professionals, and roommate-style households seeking high-end housing on the Westside.
Each residence features sleek kitchens, expansive islands, designer finishes, en-suite bathrooms, spacious closets, central HVAC, in-unit laundry, and private outdoor space. Six on-site parking spaces further complement the property's large residential-style units.
Situated on a quiet, tree-lined street moments from the Sawtelle Boulevard dining corridor, the property is approximately two miles from UCLA and minutes from Westwood, Brentwood, and Santa Monica. Convenient access to the 10 and 405 freeways provides connectivity throughout Los Angeles while maintaining the residential feel that makes Sawtelle so desirable.
With brand-new construction, substantial residential-scale units, strong projected returns, and non-rent-controlled status, 1722 Westgate offers investors a rare opportunity to acquire a luxury multifamily asset in one of the Westside's most desirable rental markets.
Location
State CA
County Los Angeles
Area Wla - West Los Angeles
Interior
Interior Features Balcony, Open Floorplan, Recessed Lighting
Heating Central
Cooling Central Air
Flooring Tile, Vinyl
Fireplace No
Appliance Dishwasher, Electric Oven, Electric Range, Freezer, Disposal, Microwave, Refrigerator, Dryer, Washer
Laundry Inside
Exterior
Carport Spaces 4
Pool None
Community Features Curbs, Street Lights, Sidewalks
Total Parking Spaces 6
Private Pool No
Building
Lot Description Landscaped, Level, Street Level
Story 3
Entry Level Three Or More
Sewer Public Sewer
Water Public
Architectural Style Modern
Level or Stories Three Or More
New Construction Yes
Construction Status Turnkey
Others
Senior Community No
Tax ID 4262015012
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
Nearby Locations
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