2332 Bentley Ave - Apartments FOR SALE


Los Angeles, CA 90064- West Los Angeles
$6,595,000 USD
310-270-8423
2332 Bentley Ave, Los Angeles, CA for Sale
$6,595,000 USD
Apartments - FOR SALE
1/18
null | 5.94% Cap Rate

2332 Bentley Ave
Los Angeles, CA 90064
West Los Angeles


HIGHLIGHTS

  • UNMATCHED Return in Prime West LA – 5.94% CAP Rate & 10.83 GRM – Strongest Returns in the Area
  • Well -Maintained Asset in Excellent Condition – Electric Panels do not need to be Replaced!
  • 7 Units Remodeled with High-End Finishes – Featuring Hardwood Floors, Recessed Lighting, Stylish Touches & In-Unit Washer/Dryers
  • Excellent unit mix consisting of (8) - 2 Bed/2 Bath, (4) - 1 Bed/1 Bath+Den, (3) - 1 Bed/1 Bath & (2) S - 4 Units Delivered Vacant at COE
  • A+ PRIME West LA Location Adjacent to Westwood
  • First Time Property has been on the market in over 50 years! - Ample Parking Available - 23 Spaces – 12 Singles, 5 Tandem (10 Vehicles), + 1 Bonus

OVERVIEW

Offered for the first time in over 50 years, 2332 S. Bentley Avenue presents a rare opportunity to acquire a generational multifamily asset in one of the most sought-after rental markets in Los Angeles. Built in 1972, this well-maintained 17-unit property spans approximately 17,974 square feet and features a highly desirable and diverse unit mix: (8) two-bedroom, two-bathroom units, (4) one-bedroom, one-bathroom units with dens, (3) standard one-bedroom, one-bathroom units, and (2) studio units. This asset offers exceptional long-term investment potential, featuring gated subterranean parking, controlled access entry, and on-site laundry facilities. Three units will be delivered vacant at the close of escrow, providing immediate value-add upside. With 14%rental upside, investors have a compelling opportunity to enhance cash flow through interior renovations and leasing at market rates. Several units have already been tastefully upgraded with hardwood flooring, stainless steel appliances, and granite countertops—making them highly attractive to today’s renters. Centrally located in the heart of West Los Angeles, the property is adjacent to Sawtelle Japantown and just minutes from Century City, Westwood, and UCLA, offering unbeatable access to premier dining, shopping, and major employment centers. This is an outstanding opportunity to acquire a stabilized, income-producing asset with strong fundamentals, proven ownership history, and significant upside in one of the Westside’s most dynamic and supply-constrained submarkets.

FOR SALE DETAILS

PRICE

$6,595,000 USD

PRICE/SF

$367 USD /SF

# OF UNITS

17

PRICE/UNIT

$387,941

CAP RATE

5.94%

% LEASED

82%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1972

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,695 SF

ZONING

LAR3

APN/PARCEL ID

4322-016-032

ASK ABOUT THIS PROPERTY

Michael MonempourLyon Stahl Investment Real EstateMore Info
310-270-8423

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

Michael MonempourLyon Stahl Investment Real EstateMore Info
310-270-8423

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