Price Reduced Listing
1743 Butler Avenue,Los Angeles, CA 90025
Los Angeles, CA 90025
Description
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 6.26% 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.
Details
| MLS # | 26860739 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1980 |
| Days On Site | 103 |
| Listing Provided By | CB Richard Ellis, Inc. | Adam Peterson |
Features
| Bed(s) | 32 |
|---|---|
| Bath(s) | 32 |
| SQ Feet | 8,700 |
| Story(s) | 2 |
| Units | 8 |
| Building(s) | 1 |
| Zoning | LAR3 |
| Acreage | 0.19 |
| Property View | Yes |
Interior
| Heating | Electric |
|---|---|
| Heating Yes / No | Yes |
| Appliances | Barbecue, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Dryer, Washer |
| Fireplace Yes / No | No |
Exterior
| Security Features | Security Gate, Key Card Entry |
|---|
Parking
| Parking Features | Assigned, Underground, Private |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90025 |
| Area | WLA West Los Angeles |
| Listing VS Median (in 90025) | |
Price: $5,900,000 low | high Med: $687,000 sqft: 8,700 low | high Med: 1,048 $ / sqft: $678 low | high Med: $656 On site: 103 low | high Med: 61 | |
Market Activity 90025
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90025 |
| Area | WLA West Los Angeles |
| Listing VS Median (in 90025) | |
Price: $5,900,000 low | high Med: $687,000 sqft: 8,700 low | high Med: 1,048 $ / sqft: $678 low | high Med: $656 On site: 103 low | high Med: 61 | |
 | $5,500,0001815 Barry AvenueLos Angeles, CA 90025 |