1811 S Bentley Ave, Los Angeles, CA 90025

Nov 2

Written by Jake Glaser

15-Unit in Prime West LA | 6 Non-RSO Units | All-Cash 1031 Exchange Buyer

Sold: $5,800,000

$386,667/Unit

$350.07/SF

5.73% Cap Rate

10.95 GRM

The Deal Story

CLOSING #32 OF 2026 🚨

Sale Price: $5,800,000

Units: 15

Property Type: Three-story elevator building (1964), part of a five-building, 60-unit Westside portfolio offered separately or together

Unit Mix: (6) 3-bed / 2-bath units, plus 2-bed and 1-bed units

Buyer Type: Experienced multifamily operator; all-cash purchase as part of a 1031 exchange

Seller Situation: Self-managed the property for over a decade as part of a 60-unit Westside portfolio; transferring equity into more passive investment vehicles

Result: Generated 5 competitive offers. Selected an all-cash, quick-close offer from a 1031 exchange buyer.

Special Features: 6 of 15 units exempt from LA rent control (Non-RSO) under luxury exemptions; majority of units renovated; seismic soft-story retrofit completed April 2020

Case Study Summary
1811 S Bentley Avenue, a 1964-built, 15-unit elevator building just south of Santa Monica Boulevard in West Los Angeles, sold for $5,800,000. The property drew 5 competitive offers, and the seller selected an all-cash, quick-close offer from a buyer completing a 1031 exchange. The asset stood out for its six Non-RSO units, a concentration of six 3-bed / 2-bath residences, largely renovated interiors, and completed soft-story retrofit.
The seller had self-managed the property for over a decade as part of a five-building, 60-unit Westside portfolio near Century City, Beverly Hills, Westwood, and UCLA, and was looking to move that equity into more passive investments. The portfolio was marketed with buildings available individually or together, and the buyer identified was an experienced multifamily operator. Jake Glaser of Glaser Group represented the seller alongside Jonathan Taksa of The Taksa Investment Group and Kelly Brennan of Serhant

Property Highlights

15-unit multifamily property in a prime West Los Angeles location, just south of Santa Monica Boulevard
Part of a five-building, 60-unit Westside portfolio, available separately or together
6 of 15 units are exempt from LA rent control (Non-RSO) due to luxury exemptions
Unit mix:
- (6) 3BR/2BA
- (6) 2BR/2BA
- (1) 2BR/1BA
- (2) 1BR/1BA + Den
Units average approximately 1,105 SF, with a strong concentration of large 3-bedroom residences
Majority of units have undergone interior renovations
25 windows replaced with new dual-glazed windows in 2019
Seismic soft-story retrofit completed April 3, 2020
Three-story elevator building
On-site parking with (6) single spaces and (9) tandem spaces
On-site laundry provides additional income
Walkable to Sawtelle Japantown
Close to Westwood, UCLA, Century City and Santa Monica
Convenient access to the 405 Freeway and major Westside employment centers
Part of a broader five-building, 60-unit Westside portfolio