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… Read More 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. Read Less
Property listed by Coldwell Banker Realty, Danny Mahelka 310-777-6200
Built in 1966, Building area total: 6,166, Levels: One, Living area: 6166, 1 story, 1 building, Architectural style: Contemporary, Construction materials: Stucco
Fireplaces
None
Garage
10 spaces
Heating
Radiant
Income
Gross income: $194,965, Net operating income: $121,169
Laundry
CommonArea, InGarage
Lot
0.1518 acres, 6,613 square feet, Size: 6,613
Parking
10 totals parking, Assigned, ControlledEntrance, Garage, Gated, CommunityStructure, Tandem
Pool
None
Property
Zoning: LAR3
Spa
None
Tenant Pays
CableTv, Electricity
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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