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$ 3,250,000
Est. payment | /mo
6,166 SqFt
$ 3,250,000
Est. payment | /mo
6,166 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,166 sqft
Price per Sqft $527
MLS Listing ID CL25527351
HOA Y/N No
Year Built 1966
Lot Size 6,613 Sqft
Acres 0.15
Property Sub-Type Other
Property Description
Nestled in the heart of the Beverly Grove neighborhood, one of Los Angeles's most vibrant and walkable communities. Meet this fabulously maintained 1960s contemporary apartment building offering an unbeatable investment opportunity. Just blocks from The Grove, Beverly Center, CBS Studios, Melrose Avenue, and West Hollywood, the property enjoys a Walk Score of 96, placing residents steps away from premier shopping, dining, entertainment, farmers' markets, and more. The building features a desirable unit mix of five 1-bedroom/1-bath units, one 2-bedroom/2-bath unit, which will be delivered vacant, and one spacious 3-bedroom/2-bath unit with a private rear patio. Four units have been recently upgraded, a newer roof installed within the last few years, and secure gated subterranean parking for 10 cars. Residents also enjoy a communal laundry room. With an average household income of $126K in the surrounding area and tremendous upside potential in rents, this property offers long-term value in a location synonymous with lifestyle, convenience, and strong rental demand. Don't miss out on this rare opportunity to own in one of LA's most desirable neighborhoods.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Radiant
Fireplace No
Laundry Community Facility, In Garage
Building
New Construction No
Others
Tax ID 5527019024

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Listed by Danny Mahelka • Coldwell Banker Realty