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1940 S Beverly Glen Blvd 8 Unit Apartment Building $2,895,000 ($361,875/Unit) 4.29% Cap Rate Los Angeles, CA 90025



INVESTMENT HIGHLIGHTS
- Premier Westside location on prestigious Beverly Glen Blvd
- Apartments boast elegant hardwood flooring, sleek granite countertops, and state-of-the-art stainless steel appliances
- Available separately or as a package with 1357–1361 S Beverly Glen Blvd (7 units) and 1944 S Beverly Glen Blvd (8 units)
- Excellent unit mix, Significant rental upside
- Centrally located near Westfield Century City Mall, Westwood Village, Beverly Hills, and Santa Monica
EXECUTIVE SUMMARY
Situated in a highly sought-after West Los Angeles neighborhood, 1940 S Beverly Glen Blvd is a beautiful 8-unit apartment building that masterfully combines mid-century architecture with modern upgrades. Built in 1954, this 6,200-square-foot property offers a well-balanced unit mix of four 1-bedroom, 1-bath units and four 2-bedroom, 1-bath units, catering to a diverse range of tenants. The building has undergone extensive renovations, ensuring that each residence provides a comfortable and stylish living experience.
The apartments boast an array of premium finishes, including elegant hardwood flooring, sleek granite countertops, and state-of-the-art stainless steel appliances. Residents will appreciate the addition of dishwashers and air conditioning units, ensuring comfort and convenience year-round. New lighting fixtures throughout the units enhance the modern aesthetic, creating bright and inviting living spaces.
Beyond its exceptional interiors, 1940 S Beverly Glen Blvd is ideally located to offer residents easy access to the best of West Los Angeles. The building is within close proximity to major employment centers, shopping districts, dining establishments, and recreational areas, making it an ideal choice for those seeking a vibrant urban lifestyle. The property’s central location ensures that residents are never far from shopping, dining, and entertainment options, making it an ideal place to call home.
For investors, 1940 S Beverly Glen Blvd presents a compelling opportunity. The building’s mix of four 1-bedroom, 1-bath units and four 2-bedroom, 1-bath units caters to a broad tenant base, enhancing occupancy rates and rental income potential. Additionally, the property’s prime location in West Los Angeles positions it favorably for long-term appreciation. Investors can anticipate steady rental income and potential for property value growth, solidifying 1940 S Beverly Glen Blvd as a prudent investment choice.
With its prime location, modern amenities, and well-maintained units, 1940 Beverly Glen Blvd presents a compelling opportunity for investors seeking a stable income-producing property in a desirable area. The building’s mix of 1-bedroom and 2-bedroom units caters to a broad tenant base, enhancing occupancy rates and rental income potential. The building offers a unique blend of vintage charm and contemporary upgrades,
making it a standout property in the West Los Angeles rental market.
1940 S Beverly Glen Blvd is available separately or as a package along with 1357–1361 S Beverly Glen Blvd ($3,425,000 – 7 units) and 1944 S Beverly Glen Blvd ($2,850,000 – 8 units).
The apartments boast an array of premium finishes, including elegant hardwood flooring, sleek granite countertops, and state-of-the-art stainless steel appliances. Residents will appreciate the addition of dishwashers and air conditioning units, ensuring comfort and convenience year-round. New lighting fixtures throughout the units enhance the modern aesthetic, creating bright and inviting living spaces.
Beyond its exceptional interiors, 1940 S Beverly Glen Blvd is ideally located to offer residents easy access to the best of West Los Angeles. The building is within close proximity to major employment centers, shopping districts, dining establishments, and recreational areas, making it an ideal choice for those seeking a vibrant urban lifestyle. The property’s central location ensures that residents are never far from shopping, dining, and entertainment options, making it an ideal place to call home.
For investors, 1940 S Beverly Glen Blvd presents a compelling opportunity. The building’s mix of four 1-bedroom, 1-bath units and four 2-bedroom, 1-bath units caters to a broad tenant base, enhancing occupancy rates and rental income potential. Additionally, the property’s prime location in West Los Angeles positions it favorably for long-term appreciation. Investors can anticipate steady rental income and potential for property value growth, solidifying 1940 S Beverly Glen Blvd as a prudent investment choice.
With its prime location, modern amenities, and well-maintained units, 1940 Beverly Glen Blvd presents a compelling opportunity for investors seeking a stable income-producing property in a desirable area. The building’s mix of 1-bedroom and 2-bedroom units caters to a broad tenant base, enhancing occupancy rates and rental income potential. The building offers a unique blend of vintage charm and contemporary upgrades,
making it a standout property in the West Los Angeles rental market.
1940 S Beverly Glen Blvd is available separately or as a package along with 1357–1361 S Beverly Glen Blvd ($3,425,000 – 7 units) and 1944 S Beverly Glen Blvd ($2,850,000 – 8 units).
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $2,895,000 | Apartment Style | Low-Rise |
| Price Per Unit | $361,875 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.13 AC |
| Cap Rate | 4.29% | Building Size | 6,200 SF |
| Gross Rent Multiplier | 13.07 | No. Stories | 2 |
| No. Units | 8 | Year Built | 1954 |
| Property Type | Multifamily | Parking Ratio | 1.63/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | LAR3 - restricted Density Multiple Dwelling | ||
| Price | $2,895,000 |
| Price Per Unit | $361,875 |
| Sale Type | Investment |
| Cap Rate | 4.29% |
| Gross Rent Multiplier | 13.07 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 6,200 SF |
| No. Stories | 2 |
| Year Built | 1954 |
| Parking Ratio | 1.63/1,000 SF |
| Zoning | LAR3 - restricted Density Multiple Dwelling |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Refrigerator
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | $2,653 | - |
| 1+1 | 4 | $1,962 | - |
1 1
Walk Score®
Very Walkable (73)
PROPERTY TAXES
| Parcel Number | 4319-008-006 | Improvements Assessment | $1,734,000 (2025) |
| Land Assessment | $1,122,000 (2025) | Total Assessment | $2,856,000 (2025) |
PROPERTY TAXES
Parcel Number
4319-008-006
Land Assessment
$1,122,000 (2025)
Improvements Assessment
$1,734,000 (2025)
Total Assessment
$2,856,000 (2025)
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1940 S Beverly Glen Blvd
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