Ignite FB Tracking Pixel1643 Selby Avenue, Los Angeles, CA now has a new price of $4,950,000! - Michele Brown & The Real Estate Professionals

1643 Selby Avenue, Los Angeles, CA now has a new price of $4,950,000!

by Michele Brown & The Real Estate Professionals 07/18/2021

1643 Selby Avenue, Los Angeles, CA
Commercial
$4,950,000
1643 Selby Avenue
Los Angeles, CA
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$25,651/mo

Two adjacent parcels, being sold together not separately, consisting of a 2-story traditional design small apartment building (triplex) with a detached 2 car garage and the second parcel is a traditional bungalow design Single Family Home with detached 2 car garage. Public records report 1643 Selby as a 4-unit property, client reports 3 units. Combined lots total 12,906 SqFt according to Assessors records. The subject is located in Westwood, an affluent Los Angeles neighborhood brimming with Hollywood history, culture, and home to one of the top universities in the nation, UCLA. The Westwood neighborhood began development in 1919, when a new campus of the University of California opened in 1926. Westwood Village opened three (3) years later, in 1929. The Metro’s Purple Line station will be added near Wilshire and Westwood Boulevards t on Los Angeles to the Westside. Given its location on a highly utilized East/West thoroughfare, the station will create seamless links to travel destinations along and near Westwood and Wilshire Boulevards, such as UCLA, Westwood Village and The Hammer Museum. The expansion of the Metro’s Purple Line designates the subject property as a TOC Tier 3 zoned parcel. Completion of the purple line station is slated for 2026. See supplements for the OM.

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