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1840 Stoner Ave
Los Angeles, CA 90025
Multifamily Property For Sale · 5 Units

Investment Highlights

  • NO RENT CONTROL!
  • High-income property in one of L.A.’s most desirable and stable coastal markets.
  • All units separately metered for electric and gas— low operating expenses!
  • 3/5 units ALREADY LEASED at market rents!
  • Premium modern finishes and open layouts designed for today’s urban renter.

Executive Summary

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 owner occupancy 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.

Property Facts

Price Per Unit $1,465,282 CAD
Sale Type Investment
Cap Rate 5.05%
Gross Rent Multiplier 14.99
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.15 AC
Building Size 10,761 SF
Average Occupancy 60%
No. Stories 3
Year Built 2025
Parking Ratio 1.17/1,000 SF
Zoning LARD1.5

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer
  • Tile Floors
  • Kitchen
  • Refrigerator
  • Stainless Steel Appliances
  • Range
  • Walk-In Closets
  • Freezer
  • Office
  • Vinyl Flooring

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Trash Pickup - Curbside
  • Public Transportation
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2.5 1 $8,148 CAD 1,434
3+2.5 1 $8,148 CAD 1,449
3+3 1 $8,827 CAD 1,603
3+3.5 1 $8,555 CAD 1,878
3+3.5 1 $7,062 CAD 1,305

Property Taxes

Property Taxes

Parcel Number
4262-022-023
Land Assessment
$2,401,868 CAD
Improvements Assessment
$211,929 CAD
Total Assessment
$2,613,797 CAD
  • Listing ID: 38918564

  • Date on Market: 2025-12-29

  • Last Updated:

  • Address: 1840 Stoner Ave, Los Angeles, CA 90025

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