818 S Gretna Green Way
Los Angeles, CA 90049
Map
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- 1969 build
- – on site
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A generational opportunity to acquire a luxury 27-unit asset in an irreplaceable 'A+' location. Due to a Luxury Housing Exemption about 50% of the units are non-RSO. Ownership has meticulously maintained the property, updating and adding in-unit washer and dryers. Generously-sized apartments average nearly 1600 square feet and feature large balconies, central heat/air and secure perimeter entry and parking. Current rents average $2.82 per square foot leaving significant update of approximately 33% on the table for a buyer to realize. The property is separately metered for gas and electricity and a buyer would be wise to implement RUBS billing on landlord-paid utilities moving forward. Due to a Luxury Housing accommodation related to significant capital improvements,13 units-or about half of the total-are exempt from Los Angeles City Rent Control. Subject only to California State AB1482, these units offer ownership greater control over tenancy and the ability to increase rents annually at nearly 9%. 818 Gretna Green Way is situated in a prime area of Brentwood, adjacent to the renowned Brentwood Country Club and 100 feet away from the Sunday Brentwood Farmers Market. Brentwood enjoys a long-standing reputation as one of Los Angeles' most affluent and desirable residential areas. This area has evolved into an elegant and understated neighborhood known for its spacious homes, tree-lined streets, and well maintained parks. It has attracted a discerning population, including many celebrities and professionals seeking a tranquil yet conveniently located environment. Institutions like the Brentwood Country Club and the proximity to cultural landmarks such as the Getty Center further enhance its prestige. While it has experienced moments of notoriety, the overall reputation of Brentwood remains one of quiet affluence, offering a high quality of life with a strong sense of community.
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Last updated Jul 9, 2025
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MLS# 25541523 —
The Building
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Year Built:1969
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New Construction:No
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Building Area Total:46560.00
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Total Number Of Units:27
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# of Buildings:1
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Stories Total:3
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Faces:West
Interior
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Levels:Three Or More
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Flooring:Carpet, Wood
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Laundry:Washer Included, Dryer Included, Community
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Laundry:1
Financial & Terms
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Disclosures:Rent Control
Location
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Directions:Located on Gretna Green Way, adjacent to Montana Ave.
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Latitude:34.04957000
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Longitude:-118.47285500
The Property
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Property Type:Residential Income
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Zoning:LAR3
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Lot Size Area:19942.0000
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Lot Size Acres:0.4578
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Lot Size SqFt:19942.00
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Security Features:Card/Code Access, Gated Community
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:4264010023
Heating & Cooling
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Heating:1
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Heating:Central
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Cooling:Yes
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Cooling:Central Air
Appliances
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Appliances:Dishwasher
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Covered, Garage Door Opener, Direct Garage Access, Concrete, Gated
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Parking Spaces:48.00
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Garage Spaces:48.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/9/25
Jul 9, 2025
|
Sold | CRMLS_CA | $18,000,000 | -14.3% |
|
6/17/25
Jun 17, 2025
|
Pending | CRMLS_CA | $21,000,000 | |
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5/20/25
May 20, 2025
|
Listed / Active | CRMLS_CA | $21,000,000 |
