1441 S Bedford St - Apartments FOR SALE


Los Angeles, CA 90035- Pico-Robertson
$3,800,000 USD
718-406-3128
1441 S Bedford St, Los Angeles, CA for Sale
$3,800,000 USD
Apartments - FOR SALE
1/32
null | 5.78% Cap Rate

1441 S Bedford St
Los Angeles, CA 90035
Pico-Robertson


HIGHLIGHTS

  • High In-Place 5.78% CAP Rate – Immediate Cash Flow
  • Extensive Renovations – 6 of 8 Units Remodeled
  • Non-LA RSO – Only Subject to AB1482
  • Townhouse Layouts with Ample Gated Parking
  • Separately Metered Utilities & Professional Management
  • No Seismic Retrofit Required – Built in 1989

OVERVIEW

This is a rare stabilized investment opportunity in the heart of Pico-Robertson featuring 8 townhouse-style 2-bedroom, 2.5-bath units across 8,400 SF. The property offers strong in-place cash flow with a 5.78% CAP rate, low vacancy, and professional management in place. Six of eight units have been recently remodeled with modern finishes, while updated plumbing, electrical systems, and separately metered utilities help minimize operating expenses. Built in 1989, the property is not subject to Los Angeles soft-story seismic retrofit requirements, saving future owners from costly and disruptive construction projects. Additional highlights include ample covered parking in a gated garage and 12 private balconies providing desirable outdoor living space. Located near major employment hubs, the property benefits from strong tenant demand, long-term rent growth potential, and favorable rent regulations under AB1482.

FOR SALE DETAILS

PRICE

$3,800,000 USD

PRICE/SF

$452 USD /SF

# OF UNITS

8

PRICE/UNIT

$475,000

CAP RATE

5.78%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1989

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,490 SF

ZONING

R3-1

APN/PARCEL ID

4303-011-030

ASK ABOUT THIS PROPERTY

Sam LiberowMarcus & MillichapMore Info
718-406-3128

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Sam LiberowMarcus & MillichapMore Info
718-406-3128

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