This is a rare opportunity to own a coveted asset in one of LA's best neighborhoods. With a huge upside in rents, this long term "buy and hold" is sure to be a successful vehicle to build generational wealth. New to market for the first time in forty years, the property boasts an excellent unit mix and a Beverly Hills adjacent location. Low expenses make this asset a passive cash flowing investment. All tenants enjoy covered parking on site, and washers & dryers in some units. You won't want to miss out on this rare opportunity to own a cash flowing asset in this premiere LA neighborhood.
MLS# | 25501625 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1953 |
Days On Site | 58 |
Listing Provided By | Compass 310-652-6285 | Brett Alphin |
SQ Feet | 5,397 |
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Story(s) | 2 |
Units | 6 |
Building(s) | 1 |
Zoning | LAR3 |
Acreage | 0.14 |
State | CA |
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County | Los Angeles |
City | Los Angeles |
Zip Code | 90035 |
Area | C09 Beverlywood Vicinity |
Listing VS Median (In 90035) | |
Price: $2,295,000 low | high Med: $8,825 SqFt: 5,397 low | high Med: 1,688 $ / SqFt: $425 low | high Med: $5 On site: 58 low | high Med: 23.000000 |