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48 Units - Beverly Hills Adj 320 S Arnaz Dr 48 Unit Apartment Building For Sale Los Angeles, CA 90048
Investment Highlights
- 48-Unit, NON-RSO (AB-1482) multifamily investment - Built in 1984 with 33,462 SF improvements
- PROVEN UNIT COMPOSITION: 48 large open-floor plan studios w/ private balconies, optionality for conversion
- AMNEITIES: Gated parking with 48 secured spaces, elevator, controlled access, laundry and video monitoring system
- A+ LOCATION: Two blocks to Beverly Hills and Cedars-Sinai
- VALUE OPPORTUNITY: Potential common-area and interior unit upgrades via renovation, package service, smart technology, EV charging stations, etc.
- PREMIER UNITS: Open floor plans, stainless steel appliances, wood-style flooring, air conditioning and large balconies with views
Executive Summary
THE OFFERING: 48-unit, Non-RSO (AB1482) multifamily investment located in a proven high-rent, limited supply environment adjacent to Beverly Hills, Cedars Sinai, Robertson Blvd., Los Angeles’ most desirable rental neighborhoods. Built in 1984 on a 17,572 SF parcel with 33,462 SF of improvements, the offering features a highly efficient and market-proven studio unit mix.
VALUE & ENHANCEMENTS POTENTIAL: The current maximum allowable rent is $3,180/mo, which is significantly higher than current rents, which average under $2,100/mo. Many paths exist for cash flow enhancement via common-area and unit renovations, smart technology, package management, parking or storage drivers, and operational efficiencies.
WORLD FAMOUS DESTINATION: The Golden Triangle is just 0.9 miles away and is considered one of the highest-rent retail and residential corridors.
WALKABILITY DRIVES RENT PREMIUMS: With immediate access to shopping, dining, cafes, and daily conveniences, the offering is a true walk-to
everything lifestyle. Walkability remains one of the strongest drivers of rental premiums in Los Angeles, directly supporting higher effective rents and reduced
turnover.
LIMITED RESIDENTIAL SUPPLY: This neighborhood is tightly built with minimal opportunity for new multifamily development. This constrained supply, paired with constant lifestyle-driven demand, creates sustained upward pressure on rents and long-term value.
PLEASE CONTACT LISTING AGENTS for ADD'L INFORMATON and a PROPERTY TOUR
VALUE & ENHANCEMENTS POTENTIAL: The current maximum allowable rent is $3,180/mo, which is significantly higher than current rents, which average under $2,100/mo. Many paths exist for cash flow enhancement via common-area and unit renovations, smart technology, package management, parking or storage drivers, and operational efficiencies.
WORLD FAMOUS DESTINATION: The Golden Triangle is just 0.9 miles away and is considered one of the highest-rent retail and residential corridors.
WALKABILITY DRIVES RENT PREMIUMS: With immediate access to shopping, dining, cafes, and daily conveniences, the offering is a true walk-to
everything lifestyle. Walkability remains one of the strongest drivers of rental premiums in Los Angeles, directly supporting higher effective rents and reduced
turnover.
LIMITED RESIDENTIAL SUPPLY: This neighborhood is tightly built with minimal opportunity for new multifamily development. This constrained supply, paired with constant lifestyle-driven demand, creates sustained upward pressure on rents and long-term value.
PLEASE CONTACT LISTING AGENTS for ADD'L INFORMATON and a PROPERTY TOUR
Property Facts
| Sale Type | Investment | Lot Size | 0.40 AC |
| No. Units | 48 | Building Size | 33,462 SF |
| Property Type | Multifamily | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Mid-Rise | Year Built | 1984 |
| Building Class | C | Parking Ratio | 1.43/1,000 SF |
| Zoning | R4-1, Los Angeles | ||
| Sale Type | Investment |
| No. Units | 48 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.40 AC |
| Building Size | 33,462 SF |
| Average Occupancy | 94% |
| No. Stories | 3 |
| Year Built | 1984 |
| Parking Ratio | 1.43/1,000 SF |
| Zoning | R4-1, Los Angeles |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Fireplace
- Refrigerator
- Stainless Steel Appliances
- Range
- Views
- Walk-In Closets
- Intercom
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Picnic Area
- Recycling
- Trash Pickup - Curbside
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 48 | - | 350 - 550 |
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Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (77)
Property Taxes
| Parcel Number | 4334-011-057 | Improvements Assessment | $5,222,635 |
| Land Assessment | $10,271,182 | Total Assessment | $15,493,817 |
Property Taxes
Parcel Number
4334-011-057
Land Assessment
$10,271,182
Improvements Assessment
$5,222,635
Total Assessment
$15,493,817
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48 Units - Beverly Hills Adj | 320 S Arnaz Dr
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