We are pleased to present 1233 S Bedford Street, a rare investment or owner-user opportunity in the highly desirable Pico-Robertson submarket of Los Angeles. Situated just north of W Pico Boulevard, this premier neighborhood is known for attracting high-end renters with consistently low vacancy rates and steady rent growth. The… Read More subject property is a fully vacant fourplex featuring two one-bedroom units (798 SF and 824 SF) and two two-bedroom units (1,000 SF and 1,034 SF), offering immediate value-add potential through renovations. There is a garage with capacity for four vehicles and significant ADU potential at the front or back of the lot (buyer to verify). Alternatively, the property's 6,840 SF lot, zoned [Q]R3-1-O in a Tier 3 TOC, presents attractive development potential, with ownership having preliminary plans for a 36-unit senior affordable housing project. The surrounding neighborhood has strong demographics, with a median home value exceeding $1.1 million and average household income over $127,000 within a two-mile radius. With an exceptional Walk Score of 96, residents benefit from proximity to an array of high-end retail and lifestyle amenities along Robertson, Olympic, and La Cienega Boulevards, reinforcing Pico-Robertson's status as one of Los Angeles' most vibrant and sought-after communities. Read Less
Courtesy of Marcus & Millichap 310-909-5500
Listing Snapshot
Days Online
34
Last Updated
Property Type
Other
Beds
6
Square Ft.
3,660
Lot Size
0.16 Acres
Year Built
1940
MLS Number
25587551
30 Days Snapshot Of 90035
$2.47M
+90%
(avg) sold price
6
-50%
homes sold
69
-12%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
None
Building
3,660 sq ft, Built in 1940, Levels: Two
Cooling
None
Disclosures
None
Garage
Garage Is Detached
Heating
None
Lot
LotAcreage: 0.157, LotSizeArea: 6,840
Parking
TotalParking: 4
Property
NumberOfUnits: 4, Zoning: [Q]R3-1-O
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