The Arch, is a charming 7-unit boutique multifamily property located at 4715 Beverly Boulevard in the highly desirable Hancock Park Wilshire corridor of Los Angeles. Built in 1922 and thoughtfully updated to preserve its historic character, The Arch offers investors astable, fully leased income stream with a 6.70% cap rate… Read More and modest upside potential. This property is an ideal starter investment for those seeking entry into the Los Angeles multifamily market, with limited near-term capital needs thanks to comprehensive system upgrades and tasteful renovations throughout. Positioned within walking distance of vibrant neighborhood amenities, transit, and educational institutions, The Arch combines classic architecture with modern conveniences making it an attractive asset for both tenants and owners alike. Read Less
Property listed by Dover Management Corp., Douglas Steinriede 310-259-7556
Listing Snapshot
Days Online
0
Last Updated
Beds
5
Square Ft.
4,872
Lot Size
0.17 Acres
Year Built
1922
MLS Number
26666389
Additional Details
Building
Built in 1922, Living area: 4872.0, 1 building, Levels: Two
Heating
Combination
Income
Gross Income: $201,812, Net Operating Income: $137,384
Interior Features
CeilingFans
Lot
0.1666 acres
Taxes
Parcel Number: 5522033009, Zoning: LAR3
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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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