$3,150,000
- Beds
- 12
- sq ft
- 6,129
1314 S Beverly Glen Blvd, Los Angeles, CA 90024
1314 S Beverly Glen Blvd
Los Angeles, CA 90024
- 27 days on market
1314 S Beverly Glen Blvd is a six-unit apartment building constructed in 1947 with a wood frame and stucco. The property features a mix of five spacious two-bedroom, one-bathroom units and one townhouse-style two-bedroom unit. It occupies 6,129 square feet on an oversized 8,090 square foot lot, zoned LAR3 (Tier 2 TOC). Situated just south of Devon Avenue on South Beverly Glen Boulevard, between Wilshire and Santa Monica Boulevards, this apartment building is ideally located near Century City, Beverly Hills, and Bel Air/Holmby Hills. This prime location will attract some of the highest rental rates in Los Angeles. The property includes on-site laundry facilities and parking for six cars. Currently, some tenants are paying below-market rents, providing an opportunity to renovate these units upon turnover. This strategy has an estimated rental upside of 12.5%. In this area, rents for renovated two-bedroom, one-bathroom units can range from $3,200 to over $4,000 monthly.
Details
Property type
Lot size
8,092 sq ft
Price per sq ft
$514
Year built
1947
HOA
No
Price History
12/16/2024
CLAW #24466909
Listed
$3,150,000
12/11/2024
CLAW #24466909
Pending
$3,150,000
11/25/2024
CLAW #24466909
Listed
$3,150,000
Schools & Community
Neighborhood:
Westwood
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 12/22/2024 at 11:30 PM
Listing updated: 12/18/2024 at 9:55 PM
Listed by: Benjamin Lewin, Marcus & Millichap Phone #: (818) 212-2700
MLS: CLAW #24466909
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