1840 Stoner Ave, West LA
Rare Luxury New Construction 5-Unit in Prime West LA
1840 Stoner Ave is a rare luxury new-construction 5-unit townhome community in the heart of West L.A.’s Sawtelle Japantown. This non-rent-controlled, turnkey asset offers a projected 5.05% cap rate with three units already leased at market rents and strong demand driven by proximity to UCLA, Santa Monica, Brentwood, and Westwood. Featuring high-end 3-bedroom residences, separate utility metering, and walkable access to Sawtelle Boulevard, 1840 Stoner Ave delivers immediate income with long-term upside in a supply-constrained Westside market.
The Important
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$5,395,000
5-Unit
Pre-Market
5
2025
5.05%
14.99
$360,000/Year (Pro Forma)
7,669 sqft
6,492 sqft
$703.48
$1,079,000
2 x 3b/2.5b, 1 x 3b/3b + Office, 1 x 3b/3.5b + Office, 1 x 3b/3.5b
No
4 Garage Spaces + 5 Exterior Spaces
No
Other Features:
No Rent Control, Washer/dryer in each unit, Balconies & Yards, Custom Built-In’s & Walk-In Closets
The Highlights
NO RENT CONTROL!
3/5 units ALREADY LEASED at market rents!
High-income property in one of L.A.’s most desirable and stable coastal markets.
Premium modern finishes and open layouts designed for today’s urban renter.
Ideal unit mix appealing to both families, roommates, and young professionals.
All units separately metered for electric and gas— low operating expenses! Plus solar integrated into each unit already- cheaper for tenants!
Currently vacant 3 bedroom units can delivered vacant or occupied - allowing for owner occupancy financing.
Turnkey 1031 exchange opportunity — ready to close now!
Located in the neighborhood of Sawtelle Japantown, walking distance to countless trendy shops & restaurants centered on Sawtelle Boulevard & minutes from UCLA, Brentwood & Westwood. A major draw for A+ tenants!
The Neighborhood
<15-Minute Walk
Equinox Gym, Chitchat Coffee,Teaspoon,Millet Crepe,Killer Noodle Tsujita,Menya Tigre,Marugame Udon,Tsujita LA Artisan Noodles,Tatsu Ramen,Brian's Shave Ice,Kura Revolving Sushi Ba
<15-Minute Drive
SugarFish, Juice Crafters, Erewhon, Chipotle, VA Medical Center, WholeFoods, Sweetgreen, Orangetheory Fitness, Starbucks, Katsuya, Mendocino Farms, Alfred Coffee, Mochi Dochi
<$15 Uber Ride
UCLA, Santa Monica Airport, Italy, Santa Monica Pier, The Getty, Westfield Century City Mall, Rodeo Drive Walk Of Style, Venice Beach, Penmar Golf Course, Din Tai Fung, AMC Century City 15
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