8612 Beverlywood Street
Los Angeles, CA, 90034 $ 1,150,000
Bedrooms4 Baths1.0 Sq 2,494 Monthly Estimate*
$ 7,943
Listed by Benjamin J. Hsiang, Realty Investment Advisors, Inc., bhsiang@riacre.com
for $1,150,000 with 4 bedrooms and 1 full bath. This 2,494 square foot home was built in 1941 on a lot size of 0.1663.
We are pleased to present 8612 Beverlywood Street, a rare value-add four-plex ideally located in a highly desirable Culver City adjacent location. As a four-unit property, 30-year residential fixed-rate financing is available, creating an attractive opportunity for an investor to potentially occupy one unit while renting the remaining three units and building long-term equity. The property consists of four single-story one-bedroom/one-bathroom units totaling approximately 2,494 square feet on a large approximately 7,246 square foot lot. Each unit features its own private laundry, a highly desirable amenity for tenants. With current rents averaging approximately $1,172 per unit compared to projected market rents of approximately $2,150, the property offers substantial rental upside and the opportunity to significantly increase income over time. In addition to the upside in the existing rents, the property's LAR3 zoning and large approximately 50' x 145' lot provide multiple potential avenues for future development and additional value creation. The site may offer opportunities for redevelopment, additional units and/or ADUs, providing investors and developers with flexibility to evaluate both the existing improvements and the underlying land value. Buyers are encouraged to independently investigate all zoning, density, ADU and development possibilities with the City of Los Angeles. 8612 Beverlywood is strategically located just east of Culver City with convenient access to Downtown Culver City, the Helms Bakery District, Culver City Arts District and the Metro E Line. The property is centrally positioned with convenient access to Beverly Hills, Century City, West Adams and major employment, dining and entertainment destinations throughout the greater Westside. With substantial rental upside, 30-year residential financing availability, owner/user potential, private laundry in each unit, a generous LAR3-zoned lot and multiple avenues to create additional value, 8612 Beverlywood Street represents a compelling opportunity for both multifamily investors and owner/users. DO NOT DISTURB THE TENANTS.
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FeaturesGeneralLiving Area 2494
Sewer Other
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Zoning LAR3
Year Built 1941
Tenant Pays Electricity Gas Trash Collection
Stories Count 1
Levels One
Gross Income 56249
County Los Angeles
Net Operating Income 27844
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions West of La Cienega Blvd
City Los Angeles
Senior Community Y/N false
Open Parking Spaces 1
Number Of Units Total 4
MLS Area C09 - Beverlywood Vicinity
Lot Size Units Square Feet
Lot Size Square Feet 7246
Carport Spaces 4
Carport Y/N true
Property Attached Y/N true
Additional Parcels Y/N false
Rent Control Y/N true
Standard Status Active
Cap Rate 2.42
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InteriorTotal Stories 1
Common Walls 1 Common Wall
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 4
Total Baths 4
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ExteriorParking Features Assigned Detached Carport
Total Parking 5
Lot Size Area 7246
Number of Buildings 2
Building Area Total 2494
Lot Size Acres 0.1663
Lot Size Source Assessor
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* Excluded FeaturesList ByBenjamin J. HsiangListing Agent
Realty Investment Advisors, Inc.Broker
Affordability Calculator
- Monthly Principal & Interest
- $7,943
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,940,393
Percent of Sale Price 69%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/17/2026 | $1,150,000 | | Listed Price |