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$1,949,000
Est. payment /mo
6 Beds
4 Baths
3,660 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,660 sqft
Price per Sqft $532
MLS Listing ID 25587551
Bedrooms 6
HOA Y/N No
Year Built 1940
Lot Size 6,838 Sqft
Property Description
We are pleased to present 1233 S Bedford Street, a rare investment or owner-user opportunity in the highly desirable Pico-Robertson submarket of Los Angeles. Situated just north of W Pico Boulevard, this premier neighborhood is known for attracting high-end renters with consistently low vacancy rates and steady rent growth. The subject property is a fully vacant fourplex featuring two one-bedroom units (798 SF and 824 SF) and two two-bedroom units (1,000 SF and 1,034 SF), offering immediate value-add potential through renovations. There is a garage with capacity for four vehicles and significant ADU potential at the front or back of the lot (buyer to verify). Alternatively, the property's 6,840 SF lot, zoned [Q]R3-1-O in a Tier 3 TOC, presents attractive development potential, with ownership having preliminary plans for a 36-unit senior affordable housing project. The surrounding neighborhood has strong demographics, with a median home value exceeding $1.1 million and average household income over $127,000 within a two-mile radius. With an exceptional Walk Score of 96, residents benefit from proximity to an array of high-end retail and lifestyle amenities along Robertson, Olympic, and La Cienega Boulevards, reinforcing Pico-Robertson's status as one of Los Angeles' most vibrant and sought-after communities.
Location
State CA
County Los Angeles
Area C19 - Beverly Center-Miracle Mile
Zoning [Q]R3-1-O
Interior
Heating None
Cooling None
Fireplace No
Exterior
Total Parking Spaces 4
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4332019029
Special Listing Condition Standard
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Listed by Neema Ahadian Marcus & Millichap
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