9 Units Exempt from RSO in Prime West LA 1532 Granville Ave 9 Unit Apartment Building $5,654,509 CAD ($628,279 CAD/Unit) 5.04% Cap Rate Los Angeles, CA 90025

Significant price reductio for an incredible property in West LA! Jonathan Taksa of the Taksa Investment Group, part of RE/MAX Commercial & Investment Realty, is 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 Stabilization
Ordinance (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 ½ 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