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29045166
29045193

1840 Stoner Ave, Los Angeles, CA 90025

EM
CA 01921425
Myunits.com
Listed by Myunits.com
$5,395,000
160 days on market
Updated 66 days ago

1840 Stoner Ave

Details
APN 4262-022-023
Property Type Multifamily
Sub Type Apartment Building
Square Footage 7,669
Net Rentable (SqFt) 7,669
Units 5
Occupancy 60%
Pro-Forma Cap Rate 5.05%
Pro-Forma NOI $272,390
Price per SqFt $703
Year Built 2025
Buildings 3
Stories 3
Lot Size (SqFt) 6,492
Zoning LARD1.5

Rare Luxury New Construction 5-Unit in Prime West LA

Marketing description

The 5+ Unit Specialists are pleased to present 1840 Stoner Ave, a rare luxury new-construction 5-unit community in the heart of West Los Angeles. Located within the highly sought-after Sawtelle Japantown neighborhood and just minutes from UCLA, Brentwood, Westwood, and Santa Monica, this non-rent-controlled asset offers exceptional renter demand in one of L.A.’s most stable and supply-constrained coastal submarkets. With 3 of 5 units already leased at market rents and a projected 5.05% cap rate, the property represents a turnkey, high-income opportunity for both investors and 1031 exchange buyers.

1840 Stoner consists of five ultra-high-end townhomes, ranging from 1,305 to 1,878 square feet, each featuring 3 bedrooms plus 3–3.5 bathrooms, open-concept living areas, and premium modern finishes throughout. Interior highlights include designer kitchens, custom builtins, LED backlit bathroom mirrors, spacious walk-in closets, central HVAC, in-unit washer/dryers, and private balconies or yards. All units are separately metered for utilities, keeping operating expenses low, and the property offers garage and uncovered parking, a major amenity for Westside tenants. Any current vacant units may be delivered vacant or occupied, allowing for potential owneroccupancy financing.

Situated in a walkable, lifestyle-driven location surrounded by top dining, retail, and entertainment along Sawtelle Boulevard and supported by strong demand from tech, media, and professional tenants, 1840 Stoner Ave stands out as a rare, turnkey Westside newconstruction offering with immediate income and long-term upside.

Investment highlights

  • NO RENT CONTROL!

  • 3/5 units ALREADY LEASED at market rents!

  • High-income property in one of L.A.’s most desirable and stable coastal markets.

  • Premium modern finishes and open layouts designed for today’s urban renter.

  • Ideal unit mix appealing to both families, roommates, and young professionals.

  • All units separately metered for electric and gas— low operating expenses! Plus solar integrated into each unit already- cheaper for tenants!

  • Vacant 3 bedroom units can delivered vacant or occupied - allowing for owner occupancy financing.

  • Turnkey 1031 exchange opportunity — ready to close now!

  • Located in the neighborhood of Sawtelle Japantown, walking distance to countless trendy shops & restaurants centered on Sawtelle Boulevard & minutes from UCLA, Brentwood & Westwood. A major draw for A+ tenants!

Listing Contacts

EM
CA 01921425
Myunits.com
Listed by Myunits.com

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