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Eliyahu Appel
Marcus & Millichap
818-212-2700
This is part of "The Six Building Trophy Portfolio" Properties can be sold individually or as a Portfolio. We are pleased to present the exclusive listing of a seven (7) unit apartment building located at 1556-1562 South Beverly Glen Boulevard in West Los Angeles, California. The subject property is situated in a prime location bordering Westwood and Century City, just North of Santa Monica Boulevard and South of Wilshire Boulevard. Built in 1941, the South Beverly Glen Apartments have been well maintained by the same ownership for over the last 50 years. The building has a great unit mix consisting of four (4) 1 bed/1 bath units, two (2) 2 bed/1 bath units, and one (1) 1 bed/1 bath and bonus room, single family home. Each unit features hardwood & hardwood style floors, most with beautiful bay windows, spacious kitchens with quartz countertops, stainless steel appliances, refrigerator, stove, microwave, and dishwasher. Tenants also have the luxury of a shared on-site laundry. The total size of the building is approximately 6,104 square feet and sits on a 7,063 square foot lot, zoned LAR3.The Subject Property is bordering Century City & Westwood. The area offers a unique blend of urban living and a vibrant community in a highly desirable rental pocket on the Westside. Tenants will enjoy having very close proximity to the Westfield Century City Mall, just on the other side of Santa Monica Blvd. This neighborhood offers high-end shopping, dining, and entertainment all stemming from the Westwood Village central hub. There are also well-maintained parks, green spaces, and LA Country Club nearby, providing opportunities for outdoor recreation. Commuters will appreciate this property's central location in Century City/Westwood provides easy access to popular public transit options and major arterial thoroughfares like the 10 and 405 freeways. An experienced investor looking to target rental upside in a highly-sought-after neighborhood will capitalize on strong opportunity in the South Beverly Glen Apartments.
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Total Bedrooms : 9
Total Baths: 7
Full Baths: 0
Half Baths: 0
Property Appliances: Dishwasher,Microwave,Refrigerator
Wall/Window Unit(s)
Air Conditioning
Electric,Natural Gas
Has Heating
Year Built: 1941
Building Area Total: 6,104
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1622
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 7065
Original List Price: 2,585,000
Listing Contract Date: 2023-11-27
Listing Agreement: Exclusive Right To Sell
Parcel Number: 4327009034
Garage Description: Assigned
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: C05 - Westwood - Century City
Postal Code Plus 4: 6156
Directions: North of Santa Monica Boulevard and South of Wilshire Boulevard
Zoning: LAR3
Source Property Type: Residential Income
Area: C05 - Westwood - Century City
Property Age: 83
Year Built Source: Vendor Enhanced
Total Square Feet Living: 6104
Levels or Stories: Two
Building Total Stories: 2
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
594 S Mapleton Drive, Los Angeles, CA,90024 | $137,500,000 | 14 | 8 | 56,500 | 200449 Sqft |
10430 Wilshire Boulevar.., Los Angeles, CA,90024 | $1,595,000 | 2 | 2 | 2,298 | 42989 Sqft |
10390 Wilshire Boulevar.., Los Angeles, CA,90024 | $12,950 | 4 | 4 | 3,714 | 47736 Sqft |
10724 Wilshire Boulevar.., Los Angeles, CA,90024 | $2,189,000 | 2 | 3 | 2,445 | 50476 Sqft |
10727 Wilshire Boulevar.., Los Angeles, CA,90024 | $1,995,000 | 2 | 1 | 1,966 | 37858 Sqft |
10550 Wilshire Boulevar.., Los Angeles, CA,90024 | $895,000 | 2 | 2 | 1,711 | 18568 Sqft |
10450 Wilshire Boulevar.., Los Angeles, CA,90024 | $1,399,000 | 3 | 3 | 2,082 | 41037 Sqft |
530 S Mapleton Drive, Los Angeles, CA,90024 | $39,750,000 | 11 | 27 | 33,652 | 56248 Sqft |
10520 Wilshire Boulevar.., Los Angeles, CA,90024 | $1,175,000 | 2 | 2 | 1,407 | 31579 Sqft |
865 Comstock Avenue #9F, Los Angeles, CA,90024 | $1,400,000 | 2 | 2 | 1,598 | 85061 Sqft |
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ByOwner last updated this listing 05/20/2024 @ 22:51
MLS: 23334873
LISTED BY: Eliyahu Appel, Marcus & Millichap
SOURCE: CRMLS
Buyer Agency Compensation: 1%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.