1743 Butler Avenue, Los Angeles, CA 90025
List Price: $6.25M
Listing Status: Active
0Days on Market: 0
32 Bedrooms · 32 Bathrooms · 8,700 sq ft
Property Type: ResidentialIncome
Year Built: 1980
Lot Size: 8,152 sq ft
Private Pool: Yes
MLS Number: 26860739
About This Property
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.
Listing provided by: Adam Peterson DRE #01815802 310-550-2592 adam.peterson@cbre.com, CB Richard Ellis, Inc.
Source: CRMLS, MLS #: 26860739
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.