1142 South Bedford Street offers a rare opportunity for investors seeking a 5% CAP rate on a 6 unit investment property just 3 blocks from Beverly Hills, in the prime Pico-Robertson area of Beverlywood. Unit mix consists of four (4) 1 bedroom / 1 bathroom units along with two (2) 2 bedroom / 1 bathroom units. Built in 1955, each unit features a spacious living area, hardwood floors, one or two bedrooms, and a full bathroom. All six units are currently leased at below market rents, providing a steady stream of income with huge upside for the new owner. The property also includes a shared laundry room and a detached 4-car carport with ADU potential. With a strong rental history, LAR3 zoning and prime location, this 6-unit building is an excellent investment opportunity that should not be missed. Please do not disturb tenants.
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DAYS ON MARKET
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365
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LAST UPDATED
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5/8/2023
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YEAR BUILT
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1955
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COMMUNITY
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Beverly Center-Miracle Mile
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COUNTY
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Los Angeles
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STATUS
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Active
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PROPERTY TYPE(S)
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Residential Income
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| AREA |
Beverly Center-Miracle Mile |
| BUYER'S BROKERAGE COMPENSATION |
2.500 % |
| GARAGE |
Carport |
| LOT |
6337 sq ft |
| PARKING |
Carport |
| STORIES |
2 |
| ZONING |
LAR3 |
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Listed with Carolwood Estates
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 5/7/24 10:57 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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