Est. cap rate

1.7%

Assumed rent, all units

$13,760/mo

Units

4

Price per unit

$1,198,750

Est. annual NOI

$82,560

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Quadruplex

Bedrooms

4

Building size

7,174 sqft

Lot size

5,904 sqft

Year built

2026

Stories

3

Garage spaces

0

Style

Modern

Heating

Central

Cooling

Central Air

Pool

None

Status

Active

Days on market

0

MLS #

249247368

About this property

1722 Westgate Ave is a newly constructed boutique fourplex in Prime Sawtelle, featuring four ultra-high-end residences totaling approximately 7,174 square feet. Designed with the scale and finishes of luxury single-family homes, the property combines modern construction, oversized floorplans, strong projected income, and a highly desirable Westside location. The property features two 3-bedroom / 3-bath and two 4-bedroom / 4-bath residences ranging from 1,442 to 2,027 square feet, with pro forma rents from $6,500 to $8,500 per month. At the $4,795,000 asking price, the property offers a 5.85% pro forma cap rate and approximately $360,000 in projected annual rental income. The large multi-bedroom layouts are well positioned to appeal to families, professionals, and roommate-style households seeking high-end housing on the Westside. Each residence features sleek kitchens, expansive islands, designer finishes, en-suite bathrooms, spacious closets, central HVAC, in-unit laundry, and private outdoor space. Six on-site parking spaces further complement the property’s large residential-style units. Situated on a quiet, tree-lined street moments from the Sawtelle Boulevard dining corridor, the property is approximately two miles from UCLA and minutes from Westwood, Brentwood, and Santa Monica. Convenient access to the 10 and 405 freeways provides connectivity throughout Los Angeles while maintaining the residential feel that makes Sawtelle so desirable. With brand-new construction, substantial residential-scale units, strong projected returns, and non-rent-controlled status, 1722 Westgate offers investors a rare opportunity to acquire a luxury multifamily asset in one of the Westside’s most desirable rental markets.

Location

1722 S Westgate Avenue

Los Angeles, Los Angeles, CA, 90025