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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$2,200,000

Est. payment - /mo

8 Beds

8 Baths

6,284 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 6,284 sqft

Price per Sqft $350

MLS Listing ID 25587171

Bedrooms 8

HOA Y/N No

Year Built 1950

Lot Size 5,566 Sqft

Property Description

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 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."

Location

State CA

County Los Angeles

Area C05 - Westwood - Century City

Zoning LAR3

Interior

Heating None

Cooling None

Fireplace No

Exterior

Parking Features Carport

Building

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4315013003

Special Listing Condition Standard

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Listed by Michael Monempour Lyon Stahl Investment Real Estate, Inc.

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2372 S Beverly Glen BLVD Los Angeles, CA 90064