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4 Beds
5 Baths
3,530 sqft

$1,995,000

1581 Manning Ave, Los Angeles CA, 90024

Price per sqft$565.16
Built in1952
Property size3,530 sqft
Property typeMulti-family

Overview

Active

Listed Aug 12, 2026

Updated 8 days ago

A rare combination of architectural character, privacy, and investment potential in prime Westwood. Set on an up-sloping lot, this classic mid-century four-unit property features a unique staggered design, with each residence positioned on its own level, creating an uncommon sense of separation and privacy. The favorable unit mix includes two spacious one-bedroom residences, one single, and an expansive two-bedroom, two-bathroom "Owner's Unit" with private backyard. Tastefully remodeled with modern finishes, the Owner's Unit features an open-concept kitchen, recessed lighting, distinctive wraparound brick fireplace, and central HVAC. Throughout the property, large windows provide abundant natural light, original hardwood floors have been beautifully maintained, and each of the four units enjoys its own in-unit laundry. The other residences feature individual window/wall A/C units. Four enclosed garage spaces plus additional tandem parking provide excellent convenience, while a brand-new roof represents an important recent improvement. Fully occupied and situated in a quiet residential neighborhood just moments from UCLA and an extensive collection of nearby shops, restaurants, cafes, and amenities, the property benefits from exceptionally strong and stable rental demand. Current rents offer approximately 23% future upside, creating an attractive opportunity for both owner-users and investors. Stylish, spacious, private, and incredibly well located, 1581 Manning Avenue is a compelling Westwood multifamily offering with meaningful long-term upside. * Buyer to independently verify the feasibility of recovering possession of the "Owner's Unit" for owner occupancy. With 100% occupancy and ease of management, this asset is ideally suited for a 1031 Exchange or portfolio expansion.

$13,273/mo

Est. mortgage payment based on a $1,995,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26870449

Interior Features

Bedrooms
4
Bathrooms
5
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.15 Acres

Other Property Details

Garage
Yes

Listed by Allen Roth with Sotheby's International Realty
Listing Contact: 310-387-7087 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Stephen Parisi shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2026 Combined L.A./Westside MLS. All rights reserved.

Data last updated 9/28/2026

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