1556 South Beverly Glen Boulevard Los Angeles, CA $ 2,715,000
1556 South Beverly Glen Boulevard
$ 2,715,000
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1556 South Beverly Glen Boulevard

Los Angeles, CA, 90024
$ 2,715,000
Baths0.0 Sq 6,104

Monthly Estimate*

$ 18,965

1556 South Beverly Glen Boulevard, Los Angeles, CA 90024 - Image 1
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $2,715,000. This 6,104 square foot home was built in 1941 on a lot size of 0.16.

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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Multi-Family Active

Price

$ 2,715,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.16

Year Built

1941

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0023334873

Features
General
Cooling Wall/Window Unit(s)
Zoning LAR3
Year Built 1941
Levels Two
County Los Angeles
Net Operating Income 82675.0
New Construction No
Property Type C
HOA / Comm Assn No
Status Active
City Los Angeles
Buyer Agent Compensation 1.00
Senior Community Y/N No
MLS Area C05 - Westwood - Century City
Lot Size Square Feet 7065.0
Street Name Beverly Glen
Standard Status Active
Buyer Agent Compensation Type %
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Interior
Kitchen Appliances Dishwasher Refrigerator Microwave
Heater Fuel Type Natural Gas
Fireplace Features Electric
Total Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
Street Suffix Boulevard
Total Baths 0
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Exterior
Parking Features Assigned
Lot Size Area 7065.0
Building Area Total 6104.0
Lot Size Acres 0.16
Lot Size Units Square Feet
Land Lease Type Fee
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* Excluded Features
List By
Eliyahu Appel

Listing Agent

Marcus & Millichap

Broker

Affordability Calculator

$18,965
Per Month
100%
0%
0%
Monthly Principal & Interest
$18,965
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/23/2024$2,715,000 -9.35% Price Down
11/28/2023$2,995,000 Listed Price

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1556 South Beverly Glen Boulevard, Los Angeles, CA, 90024 is a Multi-Family Home for sale at $2,715,000 with 6,104 sqft and a lot size of 0.16. 1556 South Beverly Glen Boulevard is a studio with 0.0 baths and was built in 1941. The property's zip code is 90024 which is in Los Angeles, CA