1070 S Bedford St - Bedford Suites 20 Unit Apartment Building Offered at $12,500,000 at a 5.52% Cap Rate Los Angeles, CA 90035

** Rare assumable 3.8% interest rate financing on a $7.5M loan balance, roughly 2% below current market rates, creating the potential for hundreds of thousands in payment savings versus new financing today. Approximately 1 year of interest-only payments remaining, followed by 5 years of principal & interest payments. Assumption subject to lender approval and buyer qualifications; buyer to cover assumption costs. Loan details to be verified during escrow. **
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.