2016 S Bedford St - Apartments FOR SALE


Los Angeles, CA 90034- Mid-City
$1,725,000 USD
310-922-0238
2016 S Bedford St, Los Angeles, CA for Sale
$1,725,000 USD
Apartments - FOR SALE
1/34
null | 6.69% Cap Rate

2016 S Bedford St
Los Angeles, CA 90034
Mid-City


HIGHLIGHTS

  • 1st Time to be sold in over 32 Years!
  • 4 Units To Be Delivered Vacant At Close Of Escrow
  • Excellent Unit Mix Composed Of (1) Studio & (5) Three-Bedroom Units
  • Spacious Units Averaging Approx. 1064 SF Each
  • Approximately Over 25% Rental Upside!
  • Copper Plumbing Throughout

OVERVIEW

The subject property is centrally located in the vibrant Palms neighborhood, one of Los Angeles’ most dynamic and sought-after rental markets. Just minutes from Culver City, Century City, and Beverly Hills, residents enjoy close proximity to premier shopping, dining, and entertainment destinations such as Downtown Culver City, Westfield Century City, and the cultural hub of West Los Angeles. With a Walk Score of 90, the neighborhood provides convenient access to local cafes, restaurants, markets, and parks, fostering a strong sense of community and livability. Easy connectivity to the 10 and 405 Freeways, as well as nearby Metro E Line stations, ensures seamless access to both Downtown Los Angeles and the Westside beaches.

FOR SALE DETAILS

PRICE

$1,725,000 USD

PRICE/SF

$270 USD /SF

# OF UNITS

6

PRICE/UNIT

$287,500

CAP RATE

6.69%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Edan II Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,316 SF

ZONING

R3-1, Los Angeles

APN/PARCEL ID

4302-023-004

ASK ABOUT THIS PROPERTY

Jordan AsheghianLyon Stahl Investment Real EstateMore Info
310-922-0238

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Jordan AsheghianLyon Stahl Investment Real EstateMore Info
310-922-0238

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