1023 S Bedford St, a charming 6-unit apartment building located in the highly desirable Pico-Robertson neighborhood of Los Angeles, California.Built in 1955, the property consists of (4) one-bedroom + one-bathroom unit and (2) two-bedroom +two-bathroom units. 3 of the One bedroom + One Bathroom units will be delivered VACANT. The… Read More building is 4,538 gross square feet and sits on a 7,048 square foot lot.Nestled in the heart of the Pico-Robertson neighborhood, 1023 S Bedford St offers residents a highly walkable, centrally located Los Angeles lifestyle surrounded by a diverse mix of dining, shopping, and everyday conveniences. Just minutes from Beverly Hills, Century City, and West Hollywood, the property provides seamless access to some of LA's most desirable employment and lifestyle hubs.With a strong Walk Score, residents enjoy close proximity to neighborhood cafes and popular restaurants along Pico and Robertson Boulevards, along with quick access to Beverly Center, TheGrove, and major thoroughfares including Olympic and La Cienega. Combining a quiet residential setting with excellent connectivity, 1023 S Bedford St delivers an ideal balance of convenience, accessibility, and long-term rental appeal in one of Los Angeles' most stable and in-demand neighborhoods. The property currently delivers an initial CAP rate of 5.02%, with the potential to reach a 7.64% CAP rate upon unit turnover. Read Less
Property listed by Lyon Stahl Investment Real Estate, Inc., Michael Kamara 310-259-7556
Listing Snapshot
Days Online
4
Last Updated
Beds
8
Square Ft.
4,538
Lot Size
0.16 Acres
Year Built
1955
MLS Number
26852207
Additional Details
Building
Built in 1955, Living area: 4538.0, 1 building, 2 stories, Levels: MultiSplit
Cooling
None
Heating
None
Income
Gross Income: $145,812, Net Operating Income: $85,066
Lot
0.1618 acres
Parking
6 total parking spaces, Carport
Taxes
Parcel Number: UNAVAILABLE
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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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