1775 Beloit Ave - Apartments FOR SALE


Los Angeles, CA 90025- West Los Angeles
$12,200,000 USD
310-622-1990
1775 Beloit Ave, Los Angeles, CA for Sale
$12,200,000 USD
Apartments - FOR SALE
1/25
null | 5.04% Cap Rate

1775 Beloit Ave
Los Angeles, CA 90025
West Los Angeles


OVERVIEW

Located in the heart of West Los Angeles just steps from Sawtelle Boulevard, this luxury 2019-built 16- unit, 48-bed and bath property offers a rare opportunity to acquire a high-yield, furnished co-living asset in one of the city’s most supply-constrained and desirable rental submarkets. Currently operated as a 48-bed furnished co-living community, the property attracts UCLA students, recent graduates, and young professionals drawn to its modern design, built-in furnishings, and premium amenities. Each private bedroom features a built-in mini kitchen with a designer refrigerator/freezer, smart microwave, and in many units, an additional sink. All rooms include a Samsung smart TV, central air conditioning with LG digital controls, a small table and chair, and a mix of Murphy beds, standard beds, built-in desks, and sofas. Most rooms have built-in closets, and some offer private balconies. Each suite spans two floors, with the first floor offering a shared common area that includes a full kitchen outfitted with a Bosch dishwasher, smart microwave, oven with air fryer, gas cooktop, and a small dining table, as well as a stacked washer and dryer, providing residents with all the comforts of home and minimizing the need to use shared facilities. The property provides investors multiple leasing strategies including: continuing the current model as a fully furnished and amenitized 48-bed and bath co-living community or converting to 16 traditional suite-style units.

FOR SALE DETAILS

PRICE

$12,200,000 USD

PRICE/SF

$1,805 USD /SF

# OF UNITS

16

PRICE/UNIT

$762,500

CAP RATE

5.04%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

7

YEAR BUILT

2019

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,078 SF

ZONING

LAR4

APN/PARCEL ID

4261-019-006

ASK ABOUT THIS PROPERTY

Kitty WallaceColliersMore Info
310-622-1990

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

Kitty WallaceColliersMore Info
310-622-1990

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