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Eight-Unit Apartment Building
New
For Sale
$4,300,000

326 S Gretna Green Way, Los Angeles, CA 90049

R1-zoned apartment property with a two-bedroom and one-bedroom unit mix on a double lot.

Property Size7,760 SF
Lot Size0.33 Acres
Days on Market5

Property Features for 326 S Gretna Green Way

General Information

Standard status Active
Size 7,760 SF
Lot size 0.33 Acres
Property subtype MULTI_FAMILY
Zoning R1

Units

Unit Mix 2 x 2BR/1BA, 6 x 1BR/1BA
Multifamily Units 8

Additional Details

Highway Access Yes

Building Details

Building Size 7,760 SF
Year Built 1947
Buildings 1
Listing Agency: Marcus & Millichap
Listed By: Jeffrey Louks · License #00908473
Source: Rochellemaize
Added: Sep 10 Changed: Sep 13 Last Checked: Sep 13 at 7:21AM

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 Marcus & Millichap

Investment Insights

Based on property information with market context.

This 1947 apartment property at 326 S Gretna Green Way contains 7,760 square feet and is arranged as eight units: two two-bedroom, one-bath residences and six one-bedroom, one-bath residences. The improvements occupy a 14,246-square-foot double lot and are designated R1.

The property is north of San Vicente in Brentwood, near the Sunday farmers market on Gretna Green Way, Brentwood Country Mart, and restaurants and boutiques along San Vicente Boulevard. The 405 Freeway borders Brentwood to the east, with Westwood, UCLA, the Getty Center, Santa Monica, Beverly Hills, and Century City within the surrounding area.

The parcel may support continued multifamily use, future single-family redevelopment, or an ADU, subject to buyer verification and applicable requirements. It is within the Los Angeles Unified School District and is associated with Kenter Canyon Charter Elementary, Paul Revere Charter Middle, and Palisades Charter High, with school assignment and boundaries to be verified.

Key Highlights

  • Eight‑unit configuration with two two‑bedroom/one‑bath units and six one‑bedroom/one‑bath units
  • 7,760‑square‑foot apartment property constructed in 1947
  • 14,246‑square‑foot double lot

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Grocery & Convenience Store Barber Shop Auto Parts Store Storage Facility Carpet & Flooring Store Furniture & Home Goods

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

8
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,438
Businesses Nearby

Demographics for 90049, CA

36,980
Population
18,684
Households
2
Avg Household Size
41
Median Age
81%
College-Educated
99%
High-School Grad
15.0 sq mi
ZIP Area
2,465
Density / Sq Mi
$169,898
Median Household Income
$100,046
Median Earnings
$2,913
Median Rent
$2,000,001
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - R1-zoned apartment property with a two-bedroom and one-bedroom unit mix on a double lot.
Where is this apartment building located?
The property is located at 326 S Gretna Green Way Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,300,000.
What are key features of this property?
This property features: Eight‑unit configuration with two two‑bedroom/one‑bath units and six one‑bedroom/one‑bath units; 7,760‑square‑foot apartment property constructed in 1947; 14,246‑square‑foot double lot
More about this property
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