Attractive 6-unit multifamily investment property in prime Mid-Wilshire / Beverly Hills adjacent location. Built in 1951, this 6,537 SF apartment building features six spacious 2-bedroom units (mix of 2B/1BA and 2B/1.5BA layouts) on an LAR3-zoned lot. Two units delivered vacant for immediate lease-up with rental upside potential. Recent capital improvements… Read More include soft-story seismic retrofit (2023), new roof (2023), and interior renovations. Covered parking. Strong rental demand area near Pico Blvd, La Cienega, Miracle Mile, LACMA, and Beverly Hills. Ideal opportunity for multifamily investors or 1031 exchange buyers seeking Los Angeles income property with value-add potential. Financial figures reflect scheduled/stabilized rents. Income and expenses are estimated. Buyer to conduct independent due diligence to verify rent roll, income, expenses, tenancy status, RSO regulations, zoning (LAR3), square footage, and development potential. Property sold as-is. Trust sale. No court oversight required. Seller and Broker make no representations or warranties. Some photos are digitally staged. Read Less
Courtesy of Estates & Trusts Realty, Inc 310-930-9200
Listing Snapshot
Days Online
20
Last Updated
Property Type
Other
Beds
12
Square Ft.
6,537
Lot Size
0.15 Acres
Year Built
1951
MLS Number
26655479
30 Days Snapshot Of 90035
$1.47M
-22%
(avg) sold price
5
+66%
homes sold
50
-48%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dryer, Washer
Building
6,537 sq ft, Built in 1951, Levels: Multi/Split, Attached, Traditional
Cooling
None
Disclosures
Trust/Conservatorship
Garage
Covered Parking
Heating
Central
Laundry
Community, Laundry Area
Lot
LotAcreage: 0.1466, LotSizeArea: 6,384
Parking
CoveredParking: 4, TotalParking: 4
Property
NumberOfUnits: 6, Zoning: LAR3, Balcony
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