$2,398,000
Located in a prime central Los Angeles rental corridor, this attractive 7-unit multifamily property presents a compelling investment opportunity in the highly desirable Pico-Robertson / Beverly Grove adjacent area. Positioned just south of Olympic Boulevard, the asset benefits from consistent tenant demand, excellent accessibility, and strong long-term growth potential in one of LA's most established multifamily markets. The property has seen several recent upgrades, including renovations to 4 of the 7 unit interiors, fresh exterior paint in 2024 as well as the installation of a new roof in 2024, helping reduce immediate capital expenditure needs for a future owner. Spacious unit layouts and a favorable unit mix continue to attract a wide range of tenants looking to live near major employment hubs and lifestyle destinations including Beverly Hills, Century City, Culver City, and West Hollywood. Residents enjoy convenient access to popular restaurants, neighborhood cafes, grocery stores, houses of worship, and everyday essentials, while nearby Olympic, Pico, and Robertson Boulevards provide easy connectivity throughout the Westside and greater Los Angeles area. With strong rental fundamentals, low vacancy trends, and limited nearby multifamily development, this property offers investors the opportunity to own a stable asset in a highly sought-after rental pocket with continued upside and long-term appreciation potential.
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Listed by Richard Schulman with KW Westside Estates (310) 482-2200
Property Type
Residential Income
Status
Active
MLS Number
26831037
Year Built
1955
Lot Size
6,399 sq ft