Active
1314 S Beverly Glen Blvd
Los Angeles CA, 90024
$3,150,000
$513.95 per sqft
Active
12 Beds
6 Baths
6,129 sqft
Multi-family
Built in 1947
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.
24-466909
MLSⓇ ID
November 25, 2024
Listed
November 25, 2024
Updated
Map
1314 S Beverly Glen Blvd
Los Angeles CA, 90024
Interior Features
Total Stories
0
Bedrooms
12
Total Bathrooms
6
Appliances
None
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Wall
Exterior/Building Features
Lot Size
0.19 Acres
Other Property Details
Area Name
Westwood - Century City
Garage
No
Parking
Covered Parking
Parking Total
6
View
No
County
Los Angeles
Pool
No
Zoning
LAR3
Listed by Benjamin Lewin with Marcus & Millichap
Listing Contact: 818-307-6877
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Leonard Rabinowitz | CA DRE# 01496421 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 11/25/2024
