$2,500,000
$2,585,000
3.3%For more information regarding the value of a property, please contact us for a free consultation.
9 Beds
7 Baths
6,104 SqFt
SOLD DATE : 10/10/2024
Key Details
Sold Price $2,500,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,104 sqft
Price per Sqft $409
MLS Listing ID 23334873
Sold Date 10/10/24
Bedrooms 9
HOA Y/N No
Year Built 1941
Lot Size 7,065 Sqft
Property Description
This is part of "The Six Building Trophy Portfolio" Properties can be sold individually or as a Portfolio. We are pleased to present the exclusive listing of a seven (7) unit apartment building located at 1556-1562 South Beverly Glen Boulevard in West Los Angeles, California. The subject property is situated in a prime location bordering Westwood and Century City, just North of Santa Monica Boulevard and South of Wilshire Boulevard. Built in 1941, the South Beverly Glen Apartments have been well maintained by the same ownership for over the last 50 years. The building has a great unit mix consisting of four (4) 1 bed/1 bath units, two (2) 2 bed/1 bath units, and one (1) 1 bed/1 bath and bonus room, single family home. Each unit features hardwood & hardwood style floors, most with beautiful bay windows, spacious kitchens with quartz countertops, stainless steel appliances, refrigerator, stove, microwave, and dishwasher. Tenants also have the luxury of a shared on-site laundry. The total size of the building is approximately 6,104 square feet and sits on a 7,063 square foot lot, zoned LAR3.The Subject Property is bordering Century City & Westwood. The area offers a unique blend of urban living and a vibrant community in a highly desirable rental pocket on the Westside. Tenants will enjoy having very close proximity to the Westfield Century City Mall, just on the other side of Santa Monica Blvd. This neighborhood offers high-end shopping, dining, and entertainment all stemming from the Westwood Village central hub. There are also well-maintained parks, green spaces, and LA Country Club nearby, providing opportunities for outdoor recreation. Commuters will appreciate this property's central location in Century City/Westwood provides easy access to popular public transit options and major arterial thoroughfares like the 10 and 405 freeways. An experienced investor looking to target rental upside in a highly-sought-after neighborhood will capitalize on strong opportunity in the South Beverly Glen Apartments.
Location
State CA
County Los Angeles
Area C05 - Westwood - Century City
Zoning LAR3
Interior
Heating Electric, Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Dishwasher, Microwave, Refrigerator
Exterior
Garage Assigned
Parking Type Assigned
Total Parking Spaces 6
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4327009034
Special Listing Condition Standard
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Bought with Jeffrey Louks • Marcus & Millichap
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Broker Associate | Lic# 01905244