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1070 S Bedford St - Bedford Suites 20 Unit Apartment Building Offered at $12,500,000 at a 3.12% Cap Rate Los Angeles, CA 90035



Executive Summary
Bedford Suites is a newer constructed 20-unit luxury apartment community located in the highly sought-after Beverlywood neighborhood, a premier Westside enclave adjacent to Beverly Hills. Built in 2020, the property offers modern design, strong in-place cash flow, and multiple paths for upside, making it an ideal opportunity for both core-plus and value-add investors. The property will be delivered fully stabilized, providing immediate income, with the optional ability to deliver up to nine (9) units vacant, allowing an incoming buyer to implement a value-add strategy through lease-up, rent optimization, or operational repositioning. Bedford Suites was designed to meet the expectations of today's Westside renter. Units feature Italian-inspired kitchens with quartz countertops, stainless steel appliances, custom wood cabinetry, glass tile backsplashes, and open-concept floor plans filled with natural light. Each bedroom includes an en-suite bathroom, custom closets, LED lighting, and high-quality finishes throughout. Select building amenities include free building Wi-Fi, solar shades, and secure underground parking.Location Highlights Beverlywood / Beverly Hills AdjacentSituated in the heart of the Westside, Bedford Suites benefits from its Beverly Hills adjacency, offering tenants proximity to world-class dining, retail, employment hubs, and lifestyle amenities while maintaining a quieter residential setting. The Beverlywood area is consistently recognized for strong rental demand, limited new supply, and long-term value preservation. Contact for the Offering Memorandum and contact for closing details.
Property Facts
| Price | $12,500,000 | No. Units | 20 |
| Price Per Unit | $625,000 | Property Type | Multifamily |
| Sale Type | Investment | Building Size | 22,445 SF |
| Cap Rate | 3.12% | No. Stories | 4 |
| Gross Rent Multiplier | 12.41 | Year Built | 2020 |
| Zoning | LAR3 | ||
| Price | $12,500,000 |
| Price Per Unit | $625,000 |
| Sale Type | Investment |
| Cap Rate | 3.12% |
| Gross Rent Multiplier | 12.41 |
| No. Units | 20 |
| Property Type | Multifamily |
| Building Size | 22,445 SF |
| No. Stories | 4 |
| Year Built | 2020 |
| Zoning | LAR3 |
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Walk Score®
Very Walkable (85)
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1070 S Bedford St - Bedford Suites
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