SoldBroker Activity · Entry № 07

Another Westside Sale from Taksa

Twelve RSO units in Westwood clear at $441K/door.  $324/SF.

PublishedMay 2026
StatusSold, Just Closed
DatelineWestwood, Los Angeles
1630 Hilts Ave hero photo
FIG. 01, 1630 Hilts Ave, Westwood, Los Angeles 90024. Listing photo via Atlas Brief database.
Four takeawaysFour things an operator sees at first read.
  1. The trade.$5.292M sale on May 15, 2026. 12 units. $441k/door.  $324/SF. 5.19% CAP at close. 12.2 GRM. 1972 Built. Seller held 137 months (11.4 years).
  2. The $324 Per Sf. is Fantastic for this building and location
  3. Location is Excellentand close to century city and these buildings don't come up often.  Looks like a well kept building.
  4. Jon TaksaI've followed Jon Taksa for years and he dominates the Westside market. What caught my eye here are the large units, a great location, and a market that isn't getting more supply.  Looks like a boring deal and great for a long term buyer.  We've purchased two buildings from Taksa through our family office for our partners and keep an eye out for his listings and sales. 
Deal Stats · 1630 Hilts Ave
Sale Price
$5,292,000
closed May 15, 2026
List Price
$5,350,000
$58k above close
Units
12
4 × 1BD · 8 × 2BD
Price / Unit
$441,000
vs. $535k submarket benchmark
Price / SF
$324
16,309 gross SF
CAP Rate
5.19%
at close, broker stated
GRM
12.2
at close, broker stated
Year Built
1972
LARSO RSO · wood frame
Lot SF
11,761
R3 zoning · 0.27 acres
Hold Period
137 mo.
11.4 years · Patricia Crowley
Brokers
Listing Broker
Jonathan Taksa
Senior Vice-President
RE/MAX Commercial & Investment Realty / Taksa Investment Group
Buyer Broker
Max Golestan-Parast
Realtor
Re/Max Commercial on the Boulevard
Written from the field

David Safai, operator, developer, GC.

Atlas Home Builders, Inc. is a Los Angeles owner-operator and general contractor. If you are a broker with a listing you want an honest read on, send the OM and the T-12 to David@AtlasBrief.La.

Send a ListingBack to Board
Comments