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$2,200,000
Est. payment /mo
8 Beds
8 Baths
6,284 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 6,284 sqft
Price per Sqft $350
MLS Listing ID 25587171
Bedrooms 8
HOA Y/N No
Year Built 1950
Lot Size 5,566 Sqft
Property Description
Located in an A+ Prime West Los Angeles location, just steps from Century City, 2372 S. Beverly Glen Blvd is a well-maintained 8-unit multifamily property offering investors both strong fundamentals and significant long-term upside. Built in 1950, the property features an excellent unit mix consisting of (8) one-bedroom/one-bathroom units, catering to the steady demand for efficient and desirable rental housing in one of Los Angeles' most coveted submarkets. Several units will be delivered with value-add potential, creating an opportunity to capture the +50% upside in market rents through interior renovations and repositioning. Strategically situated adjacent to Century City and within close proximity to Beverly Hills, Westwood, UCLA, and Santa Monica, the property benefits from unrivaled access to world-class shopping, fine dining, entertainment, and major employment hubs. Its location along Beverly Glen offers convenient connectivity to both the Westside and San Fernando Valley via nearby freeways and transit corridors. ***This property has not yet undergone the required Earthquake Seismic Retrofit. Buyer shall be responsible for all associated costs and liabilities."
Location
State CA
County Los Angeles
Area C05 - Westwood - Century City
Zoning LAR3
Interior
Heating None
Cooling None
Fireplace No
Exterior
Parking Features Carport
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4315013003
Special Listing Condition Standard
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Listed by Michael Monempour Lyon Stahl Investment Real Estate, Inc.
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