1837 Beloit Ave - Apartments FOR SALE


Los Angeles, CA 90025- West Los Angeles
$2,999,000 USD
818-492-4781
1837 Beloit Ave, Los Angeles, CA for Sale
$2,999,000 USD
Apartments - FOR SALE
1/22
null | Request Cap Rate

1837 Beloit Ave
Los Angeles, CA 90025
West Los Angeles


HIGHLIGHTS

  • Located in the desirable West Los Angeles area, near major employment centers, retail, and dining options.
  • Built in 1959 and renovated in 2010, offering updated interiors and modernized systems.
  • Individually metered for gas and electricity, reducing operating expenses for ownership.
  • Multifamily property featuring one single-family residence and six apartment units, totaling seven units.

OVERVIEW

PROPERTY WILL BE DELIVERED VACANT - Welcome to 1837 Beloit Ave Los Angeles. Located in the prime Tucker - Langdon Tract, this property offers a multitude of uses. Purchase as is and live in the 3 bedroom 2 bathroom main house while getting paid rents on the 6 units in the rear. Other options for more experienced investors would be to do a value add play and split the main house into 2 units creating 9 total units on this property. WHOLE PROPERTY will be delivered vacant. Gas and Electric meters are individually metered. Studios in the building next door are renting for $2,500 or more per month. All information to be verified by buyer and buyer's broker. Seller and Seller's Broker do not guarantee any information regarding property, square footage, use, zoning, or any other factor of the property. Buyer and buyer's broker to do their own due diligence and satisfy themselves.

FOR SALE DETAILS

PRICE

$2,999,000 USD

PRICE/SF

$364 USD /SF

# OF UNITS

7

PRICE/UNIT

$428,429

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7 UNITS - Extremely Motivated SELLER

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

LAR3

APN/PARCEL ID

4261-020-014

ASK ABOUT THIS PROPERTY

Andy AguilarAREE - American Real Estate ExpertsMore Info
818-492-4781

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Andy AguilarAREE - American Real Estate ExpertsMore Info
818-492-4781

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