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Listed by Lyon Stahl Investment Real Estate, Inc., Cameron Samimi, Listing Contact: 310-259-7556

$1,675,000

1235 Devon, Los Angeles CA, 90024

Price per sqftN/A
Built in1947
Property typeMulti-family

Overview

Active

Listed Oct 21, 2026

Updated 28h ago

Positioned in the heart of Westwood, 1235 Devon Ave presents a rare opportunity to acquire a premier Westside asset with immediate cash flow and substantial value-add potential. The property consists of three spacious units totaling 3,195 SF, with an attractive unit mix of two 2-bedroom units and one 1-bedroom unit. The real story here is the ADU upside. Ownership has identified the potential to add three additional units consisting of two 1+1 ADUs and one 2+2 ADU (buyer to verify), creating a unique opportunity to significantly increase rental income and overall property value in one of the most desirable rental markets in Los Angeles. Just minutes from UCLA, this property is also an ideal opportunity for parents with a son or daughter attending the university. Why pay rent when you can own a cash-flowing Westwood triplex, provide housing for your student, and benefit from one of the strongest rental markets in Southern California? Located near UCLA, Century City, Beverly Hills, and Westwood Village, the property benefits from exceptional tenant demand and long-term appreciation potential. Whether you're looking for stable income today or a value-add opportunity with substantial upside through future ADU development, 1235 Devon Ave offers both. Opportunities to ac

$11,144/mo

Est. mortgage payment based on a $1,675,000 home price.

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

Additional information

MLS® ID
CRSB26227684

Interior Features

Basement
No

Exterior Features

Lot Size
0.12 Acres
MLS provider logo

Listed by Lyon Stahl Investment Real Estate, Inc., Cameron Samimi DRE:02035763,
Listing Contact: 310-259-7556 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jesse Minwoo Kim | CA DRE# 02151457 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 4:41 AM UTC, 10/22/2026

 

 

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