CA > Los Angeles
Los Angeles, CA 90024,1314 S Beverly Glen Blvd
Los Angeles, CA 90024,1314 S Beverly Glen Blvd
Los Angeles, CA 90024,1314 S Beverly Glen Blvd
12
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$3,150,000
Est. payment /mo
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12 BD
6 BA
6,129 SqFt
Active

1314 S Beverly Glen Blvd Los Angeles, CA 90024

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Chan Wathen

Chan Wathen

Simply Vegas

+1(702) 461-7869

UPDATED:

12/16/2024 03:59 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,129 sqft

Price per Sqft $513

MLS Listing ID 24-466909

Bedrooms 12

Year Built 1947

Lot Size 8,092 Sqft

Acres 0.1858

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.

Location

State CA

County Los Angeles

Area Westwood - Century City

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment None

Exterior

Parking Features Covered Parking

Garage Spaces 6.0

Building

Level or Stories Multi/Split

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Marcus & Millichap

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agent

Chan Wathen

REALTOR ® | RE.NV Lic.# S.59111

+1(702) 461-7869

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1314 S Beverly Glen Blvd