This Multifamily Property is no longer advertised on LoopNet.com.

1635 S Beverly Glen Blvd
Los Angeles, CA 90024
7 Units, 0.4 Mile from Westfield Century City · Multifamily Property For Sale · 7 Units

Investment Highlights

  • Turnkey property in a PRIME Century City location, approx. 0.4 mile from Westfield Century City. Adjacent to Westwood, Beverly Hills and Cheviot Hills
  • Select units have been meticulously upgraded to include hardwood floors, stainless-steel appliances, granite countertops, custom cabinets, central A/C
  • 2 blocks west of METRO Purple Line extension @ Constellation Blvd. (get from Westwood to DTLA in 25 minutes, est. completion 2026)
  • 100% rent collection throughout COVID-19
  • 3.74% CAP rate on current rents with upside
  • Comprised of (6) 3-bdrm. & 2-bath units (averages approx. 1,300 SF) and (1) studio unit. Please note, the studio unit is currently vacant

Property Facts

No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.16 AC
Building Size 8,123 SF
No. Stories 2
Year Built 1950
Parking Ratio 0.86/1,000 SF
Zoning LAR3 - Multiple Dwelling

Amenities

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Fireplace
  • Washer/Dryer
  • Ceiling Fans
  • Granite Countertops
  • Stainless Steel Appliances

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 6 $3,297 1,280
Studios 1 $1,500 443

Property Taxes

Property Taxes

Parcel Number
4327-005-021
Land Assessment
$5,100,000
Improvements Assessment
$795,600
Total Assessment
$5,895,600
  • Listing ID: 24161099

  • Date on Market: 9/24/2021

  • Last Updated:

  • Address: 1635 S Beverly Glen Blvd, Los Angeles, CA 90024

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