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Real Estate Listing at Properties from The Knight Group LA

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The Knight Group LA
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$21,000,000
18 Days On Site

818 S Gretna Green Way
Los Angeles, CA 90049

For Sale|Residential Income|Active
54
Beds
67
Total Baths
46,560
SqFt
$451
/SqFt
1969
Built
County:
Los Angeles
Call Now: 503.200.4823
Is this the listing for you? We can help make it yours.
503.200.4823
818 S Gretna Green Way818 S Gretna Green Way818 S Gretna Green Way818 S Gretna Green Way
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Monthly Payment (Est.)

$95,811
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

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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Listing Snapshot
Price 
$21,000,000
Days On Site 
18 Days
Bedrooms 
54
Inside Area (SqFt) 
46,560 sqft
Total Baths 
67
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.4578 Acres
Year Built 
1969
MLS® Number 
25541523
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
3 weeks agoListing first seen on site
General Features
Acres 
0.4578
Direction Faces 
West
Disclosures 
RentControl
Garage 
Yes
Garage Spaces 
48
Number Of Stories 
3
Parking 
ConcreteCoveredDirect AccessGarageGarage Door OpenerGated
Parking Spaces 
48
Security 
Gated CommunityKey Card Entry
Special Circumstances 
Standard
SqFt Total 
46560
Stories 
Three Or More
Zoning 
LAR3
Interior Features
Appliances 
DishwasherDryerWasher
Cooling 
Central Air
Flooring 
CarpetWood
Heating 
Central
Laundry Features 
Common Area
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Community Features
Community Features 
Gated
MLS Area 
C06 – Brentwood
Listing courtesy of Adam Peterson of CB Richard Ellis, Inc.
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Based on information from the The MLS as of 2025-06-07 11:07 PM UTC. 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.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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