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2016 S Bedford St
Los Angeles, CA 90034
Edan Ii Apartments · Multifamily Property For Sale
·
6 Units
Investment Highlights
- 1st Time to be sold in over 32 Years!
- Excellent Unit Mix Composed Of (1) Studio & (5) Three-Bedroom Units
- Approximately Over 25% Rental Upside!
- Four Units To Be Delivered Vacant At Close Of Escrow
- Spacious Units Averaging Approx. 1064 SF Each
- Copper Plumbing Throughout
Executive Summary
The subject property is centrally located in the vibrant Palms neighborhood, one of Los Angeles’ most dynamic and sought-after rental markets. Just minutes from Culver City, Century City, and Beverly Hills, residents enjoy close proximity to premier shopping, dining, and entertainment destinations such as Downtown Culver City, Westfield Century City, and the cultural hub of West Los Angeles. With a Walk Score of 90, the neighborhood provides convenient access to local cafes, restaurants, markets, and parks, fostering a strong sense of community and livability. Easy connectivity to the 10 and 405 Freeways, as well as nearby Metro E Line stations, ensures seamless access to both Downtown Los Angeles and the Westside beaches.
Property Facts
| Price Per Unit | $287,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 6.69% | Building Size | 7,454 SF |
| No. Units | 6 | Average Occupancy | 90% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1960 |
| Apartment Style | Low-Rise | Parking Ratio | 0.78/1,000 SF |
| Zoning | R3-1, Los Angeles - Restricted Density Multiple Dwelling | ||
| Price Per Unit | $287,500 |
| Sale Type | Investment |
| Cap Rate | 6.69% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 7,454 SF |
| Average Occupancy | 90% |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 0.78/1,000 SF |
| Zoning | R3-1, Los Angeles - Restricted Density Multiple Dwelling |
Amenities
Unit Amenities
- Storage Space
Site Amenities
- Laundry Facilities
- Security System
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | 350 |
| 3+2 | 5 | - | 1,100 |
Property Taxes
| Parcel Number | 4302-023-004 | Improvements Assessment | $162,856 |
| Land Assessment | $195,429 | Total Assessment | $358,285 |
Property Taxes
Parcel Number
4302-023-004
Land Assessment
$195,429
Improvements Assessment
$162,856
Total Assessment
$358,285
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