1231 Devon Ave, Los Angeles, CA 90024
Property image
Property image
FOR SALE
Listed by Cameron Samimi, Lyon Stahl Investment Real Estate, Inc., (310) 425-9838

1231 Devon Ave
Los Angeles, CA 90024

Westwood
  • 5 Beds
  • 3 Baths
  • 3,195 sqft

$1,750,000

Est. Mortgage $10,608/mo*
Get Pre-Qualified

$1,750,000

Est. Mortgage $10,608/mo*
Get Pre-Qualified
5 Beds
3 Baths
3,195 sqft

Local Information

  • Map ViewExplore the area around 1231 Devon Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

You will not find a better-priced three-unit property in West LA, and the location is impeccable, situated next to the Los Angeles Country Club on a corner lot. DO NOT MISS THIS DEAL. It will sell fast.

The owner priced it to sell quickly. An identical building recently sold for approximately $300,000 more and generated less income.

Positioned in the heart of Westwood, 1231 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, 1231 Devon Ave offers both. Opportunities to acquire a corner-lot Westwood property with this combination of location, income, and ADU potential are exceptionally rare.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Has Cooling
HOA
None
Price/Sqft
$548
Listed
40 days ago

Home Details for 1231 Devon Ave

Interior Features

Interior Details
Number of Rooms: 1Types of Rooms: Other
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 3
Appliances & Utilities
Appliances: Gas Cooktop, Gas Oven, Gas RangeLaundry: See Remarks
Heating & Cooling
Has CoolingAir Conditioning: See Remarks
Fireplace & Spa
Fireplace: See RemarksHas a Fireplace
Windows, Doors, Floors & Walls
Common Walls: 1 Common Wall
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: TwoEntry Location: 1
View
Has a View

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3Has a GarageNo Attached GarageParking Spaces: 3Parking: Garage,Garage Faces Rear
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 40Days on Market: 40

Property Information

Year Built
Year Built: 1947
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Triplex
Building
Not a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Parcel Number: 4327012001

Price & Status

Price
List Price: $1,750,000Price Per Sqft: $548
Status Change & Dates
Off Market Date: Tue Jul 14 2026

Active Status

MLS Status: Active

Location

Direction & Address
City: Los Angeles

Agent Information

Listing Agent
Listing ID: SB26121365

Building

Building Area
Building Area: 3195 Square Feet

Community

Community Features: Biking, Golf, Hiking, Park, SuburbanNot Senior Community

HOA

Association for this Listing: California Regional MLSHOA Fee: No HOA Fee

Lot Information

Lot Area: 5160 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Cash to New Loan, Conventional, Cal Vet Loan, 1031 Exchange, FHA, VA Loan

Rental Terms, Policies & Fees

Has Rent Control

Miscellaneous

Mls Number: SB26121365Living Area Range Units: Square FeetAttribution Contact: 310-259-7556Activation Date: Thu Jun 04 2026Back On Market Date: Fri Jul 17 2026Common Interest: Community ApartmentStart Showing Date: Thu Jun 04 2026Universal Property Id: US-06037-N-4327012001-R-N

Additional Information

BikingGolfHikingParkSuburbanSource Internet Entire Listing Display
Last check for updates: about 9 hours ago
Listing Provided by: Cameron Samimi DRE #02035763, (310) 259-7556
Lyon Stahl Investment Real Estate, Inc.
Originating MLS: California Regional MLS
Source: CRMLS, MLS#SB26121365
Also Listed on CRMLS.

Market trends in Westwood

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.42M
$128KMoM
Sale-to-List Price
97.6%
0.4%MoM
Price per sq ft
$758
$8MoM
Available listings
233
5MoM

Price History for 1231 Devon Ave

DatePriceEventSource
06/04/2026$1,750,000Listed For SaleCRMLS #SB26121365
10/12/2025$1,948,000ListingRemovedCLAW #25556343
09/12/2025$1,948,000PriceChange
CLAW #25556343
06/24/2025$1,998,000Listed For SaleCLAW #25556343
04/23/2025$1,995,000ListingRemovedCLAW #25515603
03/24/2025$1,995,000Listed For SaleCLAW #25515603

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Property Tax and Assessment

Year2025
Tax$2,732
Assessment$183,327
Home facts updated by county records

Comparable Sales for 1231 Devon Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
10366 Ashton Ave, Los Angeles, CA
0.03
Multi-Family Home
$1,995,000
12/23/25
4
4
3,005
1259 Devon Ave, Los Angeles, CA
0.04
Multi-Family Home
$2,097,200
02/23/26
7
6
3,151
1301 S Beverly Glen Blvd, Los Angeles, CA
0.17
Multi-Family Home
$2,793,600
02/10/26
7
8
6,789
1849 Benecia Ave, Los Angeles, CA
0.72
Multi-Family Home
$2,630,000
03/25/26
6
4
3,460
10612 Wilkins Ave, Los Angeles, CA
0.73
Multi-Family Home
$1,895,000
06/24/26
6
3
2,733
10357 Ashton Ave, Los Angeles, CA
0.03
Multi-Family Home
$3,625,000
07/09/26
11
11
7,274
10481 Eastborne Ave, Los Angeles, CA
0.64
Multi-Family Home
$2,138,860
06/04/26
6
4
4,095
10745 Ohio Ave, Los Angeles, CA
0.86
Multi-Family Home
$1,900,000
07/09/26
5
5
3,062
1360 S Beverly Glen Blvd, Los Angeles, CA
0.24
Multi-Family Home
$5,035,000
12/23/25
11
9
8,874
10620 Holman Ave, Los Angeles, CA
0.83
Multi-Family Home
$2,250,000
10/31/25
8
4
3,700

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 1231 Devon Ave.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Westwood
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Westwood

At least 322 Trulia users voted on each feature.

  • 89 % Say there are sidewalks

  • 88 % Say it's dog friendly

  • 77 % Say it's walkable to restaurants

  • 75 % Say it's walkable to grocery stores

  • 73 % Say people would walk alone at night

  • 66 % Say streets are well-lit

  • 66 % Say car is needed

  • 52 % Say parking is easy

  • 50 % Say there's holiday spirit

  • 49 % Say it's quiet

  • 47 % Say yards are well-kept

  • 46 % Say they plan to stay for at least 5 years

  • 46 % Say neighbors are friendly

  • 30 % Say kids play outside

  • 22 % Say there's wildlife

  • 18 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Rosali Lian
    "We live and work on the west side of LA. Commute is short but we stay in our neighborhood. Traveling on the 405 is always tough "
    0
    Flag
  • Jonathan Sosa
    "It’s the best neighborhood in LA.Ive lived in weho, Santa Monica, downtown, and miracle mile. This area by far is the best. "
    0
    Flag
  • Kzk334
    "This is not a neighborhood for children. There’s a lot of sirens going at all hours of the night. Extremely noisy. Westwood village used to be really nice. Not anymore."
    2
    Flag
  • Trulia User
    "Very green, well maintained, feel safe walking everywhere. Plenty of people out and about, great shops/restaurants around. Love it!"
    2
    Flag
  • Trulia User
    "People are nice and gentle. Groceries are well organized. Surroundings are quiet and clean. The maintenance are well organized "
    0
    Flag
  • Trulia User
    "It’s fine I don’t know what you want me to say. It’s just fine. I’m keep saying it’s for. Come on why "
    1
    Flag
  • Trulia User
    "I just moved here, but so far it’s a great neighborhood. Clean, quiet, lovely homes and gardens, and feels safe at night. My boyfriend and I like to walk our dogs in the evening after dark and we haven’t felt uncomfortable at all."
    2
    Flag
  • Trulia User
    "All very friendly ! Everyone picks up after there pets ! nice safe Community to go for a nice walk ! "
    1
    Flag
  • Trulia User
    "there are not any since covid19 has taken over the city. used to be better things to do I wish I could say more"
    0
    Flag
  • Trulia User
    "I have four small dogs, and they love the area. I feel completely comfortable with how other owners in the neighborhood control and pick up after their pets."
    0
    Flag
  • Trulia User
    "There are not that many families with kids in our neighborhood although there is a Fairborne school near by. "
    0
    Flag
  • Ellie L.
    "Great place to live and eat around......I would recommend to live here freeway is close easy access "
    8
    Flag
  • Cassondra88
    "Many people have dogs in the neighborhood. Places are fairly dog friendly too. Lot of people walking dogs"
    5
    Flag
  • Amy R.
    "Lots of homeless around this Neighborhood. Keep going this area more clean and more safe for residence. "
    6
    Flag
  • Henry P.
    "Honestly there are a lot of dog owners which is nice but a lot of them don’t have there dogs properly trained to socialize with other dogs. "
    4
    Flag
  • Kitty_j113
    "Easy, 10 mins to go to work, 5 mins to go to grocery, schools are close, church is walkable, malls are close and so many restaurants nearby"
    3
    Flag
  • Luisbalaguer1
    "There is a park and lots of areas to walk with them. Also very friendly and pet loving neighbors. Your dog will love it."
    4
    Flag
  • Deborah M.
    "Walkable areas, quiet streets without much traffic. Retail areas within walking distance and other dog owners in the neighborhood. "
    3
    Flag
  • Selen T.
    "Feel safe in Westwood, its one of the most safe neighbourhoods I know in LA. Especially the big blue bus and the culver city busses"
    7
    Flag
  • Veronica
    "Safe public areas & tons of outdoor space Healthy environment for young families & working professionals. I love being able to walk to work & grocery store. "
    1
    Flag
  • Deborah M.
    "Close to 405, Beverly Hills, Santa Monica. Very easy to get around. Nice residential community with shopping area at a walkable distance. "
    16
    Flag
  • James B.
    "Somewhat suburban and urban at the same time. Houses with yards but easy access to groceries, restaurants, stores, and medical facilities."
    14
    Flag
  • Suzana T. N.
    "It’s we’ll centered to everything. Short walk to public transportation. Pharmacy and various markets all within 1 mile apart. Great restaurants. Close to shopping mall. "
    2
    Flag
  • dmendez
    "Close to 405. Easy commute to The Valley. Close to 101. Nothing more to say. I only commute to The Valley. "
    0
    Flag
  • Dan p
    "Very safe, can walk to theatre, restaurants, grocery, medical doctor, best hospital 5 blocks. From this location it is easy to go any direction without traffic by taking the back roads. We moved here 10 years ago from Beverly Hills because we wanted to be close to UCLA Hospital— it is the best hospital in LA and My wife and I are in our 70’s. And if any emergency happens we will be more likely to survive. We walk to dinner most nights because there is a very good selection of great restaurants."
    2
    Flag
  • Jennifer S.
    "Mostly friendly dogs and doggie parents. Most people pick up after their dogs and most people have them on leashes. "
    1
    Flag
  • Jennifer S.
    "There is a park & dog park just south of Westwood on Veteran. Another one at the VA property off Barrington just south of the Brentwood post office. "
    1
    Flag
  • Lisav
    "Central location. Generally safe. Crowded and noisy. Students, young new families and seniors. Some homeless."
    0
    Flag
  • Aalia R.
    "It’s quiet and very safe. Friendly neighbors. Always people out for a run or walking dogs or strollers. Easily walkable to a bunch of restaurants. There’s no bars around here. "
    0
    Flag
  • Josh B.
    "Very dog friendly, lot of people walk their dogs around here. There's also a dog park really close by, good place to go with the pup to socialize. "
    0
    Flag
  • Kay Kinkaid
    "I've lived in this Wilshire Corridor/ Westwood area for over 10 years. Very safe. Everything is very close by."
    15
    Flag
  • Frances u. t.
    "Great neighborhood for families. Close proximity to freeways, UCLA, lots of markets, Century City Mall, Westside Pavilion. Just a lot of traffic in the area though because of all of these benefits haha."
    8
    Flag
  • Samja K.
    "I’ve lived here for 13 years. Simply love it and feel safe. Almost everywhere in LA is about a 20 min drive. Amazing mall and shops nearby. Just a 10-15 min from the beach and the same to take on a hike in the mountains. "
    4
    Flag
  • Michael A. H.
    "The park with $3. golf course and free Lawn bowling . All of the famous people who live close to my home and a the good looking women at UCLA."
    5
    Flag
  • Jlazo40
    "peace and quiet. no one bothers you why you are sleeping. nice neighborhood. the streets are getting upgraded to be a better city. "
    0
    Flag
  • Pattieschleicher
    "Stoner park hosts outdoor movie nights in the summer. Not much interaction with neighbors, but overall safe and friendly area"
    0
    Flag

LGBTQ Local Legal Protections

Cameron Samimi, Lyon Stahl Investment Real Estate, Inc.
Agent Phone: (310) 259-7556
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-07-16 12:11:36 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
1231 Devon Ave, Los Angeles, CA 90024 is a 5 bedroom, 3 bathroom, 3,195 sqft multi-family built in 1947. 1231 Devon Ave is located in Westwood, Los Angeles. This property is currently available for sale and was listed by CRMLS on Jun 4, 2026. The MLS # for this home is MLS# SB26121365.