1743 Butler Avenue
Property Overview
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.
Home Details
- Property type
- Residential Income
- Year built
- 1980
- Living area
- 8,700 sq ft
- Lot size
- 8,152 sq ft
- Parking
- 15 spaces
- Stories
- 2
- Days on market
- 0
- MLS status
- Active
- Architectural style
- Contemporary
- Zoning
- LAR3
Features & Amenities
Appliances
- Barbecue
- Dishwasher
- Disposal
- Gas Range
- Microwave
- Refrigerator
- Dryer
- Washer
Parking
- Assigned
- Underground
- Private
Pool
- None
Security
- Security Gate
- Key Card Entry
Community, Schools & Utilities
Community
- View
- CityLights
Utilities
- Heating
- Electric
Location & Neighborhood
Frequently Asked Questions About 1743 Butler Avenue
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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