1016 Tiverton Ave

12 Units, One Block from UCLA

One block from UCLA campus. Twelve units. The kind of building that never sits vacant because there's always a student, a professor, or a hospital worker who needs to be in Westwood. We closed this at $568K per door in March 2023, right when rates were climbing and a lot of buyers were getting cold feet. Our buyer wasn't worried. When you're one block from a university with 46,000 students, vacancy isn't really a concern.

Transaction Highlights

• $568K per unit, one block from UCLA
• Essentially zero vacancy. Ever. Student and faculty demand never stops.
• Closed March 2023 while rate fears were freezing other deals
• Westwood is one of the tightest rental markets on the Westside