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Co-Living Apartment Building
For Sale
$6,250,000

1743 Butler Ave, Los Angeles, CA 90025

32-suite, professionally managed co-living building with in-suite AC and private bathrooms plus shared kitchens and laundry.

Property Size8,700 SF
Price / SF$718.39
Days on Market59

Property Features for 1743 Butler Ave

General Information

Standard status Active
Size 8,700 SF
Property subtype MULTI_FAMILY

Additional Details

Furnished Yes
Cap Rate 6%
Multifamily Units 32

Amenities

drought-tolerant landscaping
secure parking
rear patio with grill, firepit, seating and sunshade
weekly cleaning
shared chef's kitchen
laundry machines

Building Details

Building Size 8,700 SF
Year Built 1980
Tenancy Multi
Listing Agency: CB Richard Ellis, Inc.
Listed By: Adam Peterson · License #01815802
Source: Benbelack
Added: Jul 16 Changed: Aug 27 Last Checked: Sep 12 at 7:52AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CB Richard Ellis, Inc.

Investment Insights

Based on property information with market context.

Cara Co-Living is a professionally managed 32-suite co-living apartment building with a modern unit setup designed around in-suite comfort. Suites include murphy beds, custom built-ins with refrigerator/freezers, smart televisions, air conditioning, and private baths. Each of the eight units has a shared chef’s kitchen and laundry machines serving four suites, and weekly cleaning is included to help keep common spaces maintained. Common areas feature drought-tolerant landscaping, secure parking, and a rear patio with a grill, firepit, seating, and a sunshade.

The property is located at 1743 Butler Ave in the Sawtelle area of Los Angeles. It is approximately 9 minutes by car to UCLA, and about a 15-minute walk to the future Metro D Line subway station at Wilshire in Brentwood, projected for Fall 2027. Sawtelle dining and entertainment are also described as within a short walk.

With its suite-level amenities, shared kitchen and laundry arrangement, and structured common-area programming, Cara offers a consolidated co-living format within a professionally operated residential income property.

Key Highlights

  • 32‑suite professionally managed co‑living building, built in 1980
  • In‑suite amenities include air conditioning, murphy beds, smart televisions, and private baths
  • Each of the eight units includes a shared chef’s kitchen and laundry machines serving four suites

Property Analytics

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Current Use

Cara Co-Living Apartment Complex Butler Apartments Apartment Building NMS Cara High School

Suggested Use

Top Pick Barber Shop (Bike/Boat/Book/etc) Store Butcher Clothing & Fashion Store Nursing Home Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

32
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

6,438
Businesses Nearby

Demographics for 90025, CA

45,466
Population
24,965
Households
1.8
Avg Household Size
36
Median Age
70%
College-Educated
95%
High-School Grad
2.6 sq mi
ZIP Area
17,487
Density / Sq Mi
$104,627
Median Household Income
$70,713
Median Earnings
$2,465
Median Rent
$1,081,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 32-suite, professionally managed co-living building with in-suite AC and private bathrooms plus shared kitchens and laundry.
Where is this apartment building located?
The property is located at 1743 Butler Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $6,250,000.
What are key features of this property?
This property features: 32‑suite professionally managed co‑living building, built in 1980; In‑suite amenities include air conditioning, murphy beds, smart televisions, and private baths; Each of the eight units includes a shared chef’s kitchen and laundry machines serving four suites
More about this property
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