1357-1361 S Beverly Glen Blvd - Apartments FOR SALE


Los Angeles, CA 90024- Westwood
$3,425,000 USD
310-871-3933
1357-1361 S Beverly Glen Blvd, Los Angeles, CA for Sale
$3,425,000 USD
Apartments - FOR SALE
1/32
null | 4.28% Cap Rate

1357-1361 S Beverly Glen Blvd
Los Angeles, CA 90024
Westwood


HIGHLIGHTS

  • Premier Westside location on prestigious Beverly Glen Blvd
  • Excellent unit mix
  • Significant rental upside
  • Ideal opportunity for both an owner-user or investor
  • Apartments boast elegant hardwood flooring, sleek granite countertops, and state-of-the-art stainless steel appliances
  • Available separately or as a package with 1940 S Beverly Glen Blvd (8 units) and 1944 S Beverly Glen Blvd (8 units)

OVERVIEW

Nestled in the heart of West Los Angeles, 1357-1361 S Beverly Glen Blvd offers a premier living experience with a blend of modern luxury and urban convenience. Built in 1954, this meticulously maintained 7-unit apartment building features a thoughtfully designed unit mix: one spacious 3-bedroom, 2-bathroom two story townhouse Owner's unit, and six 2-bedroom, 1-bathroom units. Over the years, the property has undergone extensive renovations to meet the demands of modern living. The apartments boast an array of premium finishes, including elegant hardwood flooring, sleek granite countertops, and state-of-the-art stainless steel appliances. Residents will appreciate the addition of dishwashers and air conditioning units, ensuring comfort and convenience year-round. New lighting fixtures throughout the units enhance the modern aesthetic, creating bright and inviting living spaces. Beyond its exceptional interiors, 1357-1361 S Beverly Glen Blvd is ideally located to offer residents easy access to the best of West Los Angeles. The building is within close proximity to major employment centers, shopping districts, and dining establishments, making it an ideal choice for those seeking a vibrant urban lifestyle. The surrounding area boasts a rich cultural scene, with numerous art galleries, theaters, and museums. For those who enjoy outdoor activities, nearby parks and recreational facilities offer ample opportunities for leisure and fitness. For investors, 1357-1361 S Beverly Glen Blvd presents a compelling opportunity. The building caters to a broad tenant base, enhancing occupancy rates and rental income potential. The recent renovations ensure that the property remains competitive in the market while attracting quality tenants. Additionally, the property's prime location in West Los Angeles positions it favorably for long-term appreciation. Investors can anticipate steady rental income and potential for property value growth. Residents enjoy more than just a place to live they experience a community that values quality, comfort, and convenience. Whether you're relaxing in your beautifully renovated apartment or exploring the dynamic neighborhood, this property offers a living experience that truly feels like home. 1357-1361 S Beverly Glen Blvd is available separately or as a package along with 1940 S Beverly Glen Blvd ($2,995,000 8 units) and 1944 S Beverly Glen Blvd ($2,850,000 8 units).

FOR SALE DETAILS

PRICE

$3,425,000 USD

PRICE/SF

$376 USD /SF

# OF UNITS

7

PRICE/UNIT

$489,286

CAP RATE

4.28%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1954

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

8,050 SF

ZONING

LAR3

APN/PARCEL ID

4327-003-020

ASK ABOUT THIS PROPERTY

Gary FoxMiller & Desatnik Realty Corp.More Info
310-871-3933

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Gary FoxMiller & Desatnik Realty Corp.More Info
310-871-3933

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