We are pleased to present a rare opportunity to acquire a newer-construction, non-rent-controlled apartment community in the heart of prime West Los Angeles. Built in 1987, the property is exempt from Los Angeles City Rent StabilizationOrdinance (RSO) and instead governed by AB 1482, providing investors with significantly greater flexibility to adjust rents to market over time an exceptionally rare attribute for multifamily assets in this submarket. The property features nine large, well-designed apartment homes with an outstanding unit mix consisting of five(5) two-bedroom / two-bath units including one unit with an additional bathroom and two units with dramatic lofts and soaring ceilings and four (4) one-bedroom / one-bath units, two of which also feature spacious lofts with high ceilings. The lofted layouts, volume ceilings, and generous floor plans create a highly desirable living experience that commands premium rents and strong long-term tenant demand.Interior finishes include quartz countertops, vinyl plank flooring, minimum of 9 foot ceilings, gas fireplaces, and private outdoor balconies, offering a modern living environment consistent with today’s renter expectations. Building amenities include controlled intercom access, copper plumbing, and ample subterranean parking, further enhancing tenant appeal and operational stability. Ideally located on Granville Avenue in West Los Angeles, the property benefits from immediate access to UCLA, Century City, Brentwood, and Santa Monica, placing it at the center of one of the strongest and most resilient rental markets in Southern California. Residents enjoy proximity to major employment hubs, top medical and educational institutions, premier retail and dining along Wilshire Boulevard and Westwood Village, and convenient access to the 405 Freeway, providing connectivity throughout the Westside. With its combination of newer construction, AB 1482 rent structure, strong in-place tenancy, and significant rental upside, 1532 Granville Avenue presents investors with a rare opportunity to acquire a high-quality asset offering both immediate stability and long-term growth in one of Los Angeles’ most supply-constrained submarkets
Property Details
Price:
$4,250,000
MLS #:
26646091
Status:
Active
Beds:
14
Baths:
16
Address:
1532 Granville AV
Type:
Single Family
Neighborhood:
wlawestlosangeles
City:
Los Angeles
Listed Date:
Feb 2, 2026
State:
CA
Finished Sq Ft:
8,458
Total Sq Ft:
8,458
ZIP:
90025
Lot Size:
7,002 sqft / 0.16 acres (approx)
Year Built:
1987
Schools
Interior
Appliances
D W, G D, M W, R F
Cooling
W W
Heating
W L
Exterior
Parking Spots
14
Financial
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Courtesy of Remax Commercial and Investment Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than BUSINESS MA include the name of the listing broker. Neither the listing company nor BUSINESS MA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 1532 Granville AV
Los Angeles, CA
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