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For SaleLuxury

$5,900,000

8,700 sqft$678/sqft115 days on market

1743 Butler Avenue

Los Angeles, CA 90025

· 8% down, 7% APR, 30yr fixed

32

Beds

32

Baths

8,700

Square feet

1980

Built

Listing narrative

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.

Listing agent (MLS): Adam Peterson · Listing brokerage (MLS): CB Richard Ellis, Inc.

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$5,900,000

Beds

32 bd

Type

House

Home Size

8,700 sqft

Baths

32

Lot Size

0.19 acres

Year

1980

Status

For Sale

Days on Market

115

$ / Sqft

$678

· 8% down, 7% APR, 30yr fixed
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Courtesy of CB Richard Ellis, Inc.