Located in an A+ Prime West Los Angeles location, just steps from Century City, 2372 S. Beverly Glen Blvd is a well-maintained 8-unit multifamily property offering investors both strong fundamentals and significant long-term upside. Built in 1950, the property features an excellent unit mix consisting of (8) one-bedroom/one-bathroom units, catering… Read More to the steady demand for efficient and desirable rental housing in one of Los Angeles' most coveted submarkets. Several units will be delivered with value-add potential, creating an opportunity to capture the +50% upside in market rents through interior renovations and repositioning. Strategically situated adjacent to Century City and within close proximity to Beverly Hills, Westwood, UCLA, and Santa Monica, the property benefits from unrivaled access to world-class shopping, fine dining, entertainment, and major employment hubs. Its location along Beverly Glen offers convenient connectivity to both the Westside and San Fernando Valley via nearby freeways and transit corridors. ***This property has not yet undergone the required Earthquake Seismic Retrofit. Buyer shall be responsible for all associated costs and liabilities. Read Less
Courtesy of Lyon Stahl Investment Real Estate, Inc. 310-425-9838
Listing Snapshot
Days Online
82
Last Updated
Property Type
Other
Beds
8
Square Ft.
6,284
Lot Size
0.13 Acres
Year Built
1950
MLS Number
25587171
30 Days Snapshot Of 90064
$2.51M
+1%
(avg) sold price
23
+64%
homes sold
53
-10%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
None
Building
6,284 sq ft, Built in 1950, Levels: Two
Cooling
None
Disclosures
None
Garage
Carport
Heating
None
Lot
LotAcreage: 0.1278, LotSizeArea: 5,568
Parking
TotalParking: 8
Property
NumberOfUnits: 8, Zoning: LAR3
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