1314 S Beverly Glen Boulevard, Los Angeles, CA 90024
-
Listed Price :
$3,150,000
-
Beds :
12
-
Baths :
6
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Property Size :
6,129 sqft
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Year Built :
1947
Property Description
1314 S Beverly Glen Blvd is a six-unit apartment building constructed in 1947 with a wood frame and stucco. The property features a mix of five spacious two-bedroom, one-bathroom units and one townhouse-style two-bedroom unit. It occupies 6,129 square feet on an oversized 8,090 square foot lot, zoned LAR3 (Tier 2 TOC). Situated just south of Devon Avenue on South Beverly Glen Boulevard, between Wilshire and Santa Monica Boulevards, this apartment building is ideally located near Century City, Beverly Hills, and Bel Air/Holmby Hills. This prime location will attract some of the highest rental rates in Los Angeles. The property includes on-site laundry facilities and parking for six cars. Currently, some tenants are paying below-market rents, providing an opportunity to renovate these units upon turnover. This strategy has an estimated rental upside of 12.5%. In this area, rents for renovated two-bedroom, one-bathroom units can range from $3,200 to over $4,000 monthly.
Interior Features
| Bedroom Information |
| Bedrooms |
12 |
| Bathroom Information |
| Bathrooms |
6 |
| Interior Information |
| Cooling Type |
None |
Listing Information
| Address |
1314 S Beverly Glen Boulevard |
| City |
Los Angeles |
| State |
CA |
| Zip |
90024 |
| County |
Los Angeles |
| Listing Agent |
Benjamin Lewin DRE #02040686 |
| Courtesy Of |
Marcus & Millichap |
| List Price |
$3,150,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
6,129 |
| Lot Size |
8,092 |
| Year Built |
1947 |
Listing information courtesy of: Benjamin Lewin, Marcus & Millichap. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 19th, 2024 at 5:50 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
