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Units

8

Building Size

8,700 sf

Lot Size

8,152 sf

Status

Active

Los Angeles

1743 Butler Avenue

About This Property

Cara Co-Living is the finest property of its kind on the market today. A trophy asset on the Westside of LA in the Sawtelle area, Cara is a 32-suite professionally managed co-living property priced at a stabilized 6% cap rate with potential for upside. Immaculately maintained and designed with students and young professionals in mind, the property offers tenants a modern aesthetic with walkability and unrivaled in-suite amenities. Cara Co-Living is located 9 minutes by car to UCLA, a 15-minute walk to the future Metro D Line subway station at Wilshire in Brentwood (projected Fall, 2027), and is less than a 5-minute stroll to Sawtelle with its incredible array of dining, nightlife and entertainment options. Current ownership manages the asset with attention to every detail. Suites are appointed with murphy beds, custom built-ins including refrigerator/freezers, smart televisions, air conditioning and exquisitely designed private baths. Each of the eight units has a shared chef's kitchen and laundry machines serving four suites. Common areas include drought-tolerant landscaping, secure parking and a rear patio with grill, firepit, seating and a sunshade. Weekly cleaning is included, ensuring shared spaces are kept clean and attractive.

Unit Mix

  • 1 unit · 1bd / 1ba

Neighborhood

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Listing courtesy of CB Richard Ellis, Inc.

Listing data from CRMLS. Deemed reliable but not guaranteed.

Asking Price

$6,250,000

Est. Monthly Payment

$39,937/mo

20% down · 6.5% rate · 30yr

Run the Numbers

Listing Agent

Adam Peterson

CB Richard Ellis, Inc.