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$2,398,000
Est. payment /mo
10 Beds
9 Baths
6,278 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 6,278 sqft
Price per Sqft $381
MLS Listing ID 26831037
Bedrooms 10
HOA Y/N No
Year Built 1955
Lot Size 6,398 Sqft
Property Description
Located in a prime central Los Angeles rental corridor, this attractive 7-unit multifamily property presents a compelling investment opportunity in the highly desirable Pico-Robertson / Beverly Grove adjacent area. Positioned just south of Olympic Boulevard, the asset benefits from consistent tenant demand, excellent accessibility, and strong long-term growth potential in one of LA's most established multifamily markets. The property has seen several recent upgrades, including renovations to 4 of the 7 unit interiors, fresh exterior paint in 2024 as well as the installation of a new roof in 2024, helping reduce immediate capital expenditure needs for a future owner. Spacious unit layouts and a favorable unit mix continue to attract a wide range of tenants looking to live near major employment hubs and lifestyle destinations including Beverly Hills, Century City, Culver City, and West Hollywood. Residents enjoy convenient access to popular restaurants, neighborhood cafes, grocery stores, houses of worship, and everyday essentials, while nearby Olympic, Pico, and Robertson Boulevards provide easy connectivity throughout the Westside and greater Los Angeles area. With strong rental fundamentals, low vacancy trends, and limited nearby multifamily development, this property offers investors the opportunity to own a stable asset in a highly sought-after rental pocket with continued upside and long-term appreciation potential.
Location
State CA
County Los Angeles
Area C19 - Beverly Center-Miracle Mile
Zoning LAR3
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Refrigerator
Exterior
Parking Features Carport
Total Parking Spaces 10
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4332023003
Special Listing Condition Standard
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Listed by Richard Schulman KW Westside Estates #01427211
NEARBY SCHOOL & BUSINESS
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Tracy Thrower Conyers
Broker Associate, JD | License ID: 01712960
Broker Associate, JD License ID: 01712960