1301 S Beverly Glen Blvd - Apartments FOR SALE


Los Angeles, CA 90024- Westwood
$3,500,000 USD
310-905-9479
1301 S Beverly Glen Blvd, Los Angeles, CA for Sale
$3,500,000 USD
Apartments - FOR SALE
1/10
null | 3.39% Cap Rate

1301 S Beverly Glen Blvd
Los Angeles, CA 90024
Westwood


OVERVIEW

Trophy apartment building on a corner in Prime Westwood between Santa Monica Blvd and Wilshire Blvd. Walking distance to both Century City and the Wilshire Corridor. Strong income producing unit mix of (3) 1B/1.5B and (2) 2B/2B. Units average 1,350 sqft. Three of five units have been extensively renovated with in unit washer/dryers, full sets of stainless-steel appliances, custom dark wood cabinetry, tile showers with separate tubs, central heat and air, and new electrical and plumbing. Two of five units are significantly under market and offer tremendous upside (30%). Rare to find such a renovated property with upside. All units have extensive private outdoor space. Three of five units have massive patios with incredible views of Century City. Impeccably maintained property that has been professionally managed and cared for.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$516 USD /SF

# OF UNITS

5

PRICE/UNIT

$700,000

CAP RATE

3.39%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1952

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,135 SF

ZONING

R3, Los Angeles

APN/PARCEL ID

4327-003-025

ASK ABOUT THIS PROPERTY

Daniel GlaserGlaser Property Management Inc.More Info
310-905-9479

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

Daniel GlaserGlaser Property Management Inc.More Info
310-905-9479

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