1023 S Bedford St - Apartments FOR SALE


Los Angeles, CA 90035- Pico-Robertson
$1,695,000 USD
310-666-5837
1023 S Bedford St, Los Angeles, CA for Sale
$1,695,000 USD
Apartments - FOR SALE
1/16
null | 5.02% Cap Rate

1023 S Bedford St
Los Angeles, CA 90035
Pico-Robertson


OVERVIEW

Michael Kamara of Lyon Stahl & The Kamara Multifamily Group is pleased to present 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 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 cafés and popular restaurants along Pico and Robertson Boulevards, along with quick access to Beverly Center, The Grove, 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.

FOR SALE DETAILS

PRICE

$1,695,000 USD

PRICE/SF

$303 USD /SF

# OF UNITS

6

PRICE/UNIT

$282,500

CAP RATE

5.02%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,057 SF

ZONING

LAR3

APN/PARCEL ID

4332-020-014

ASK ABOUT THIS PROPERTY

Michael KamaraLyon Stahl Investment Real EstateMore Info
310-666-5837

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Michael KamaraLyon Stahl Investment Real EstateMore Info
310-666-5837

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.