2332 S Beverly Glen

    Los Angeles (City), CA 90064
    • $5,460,000
    • STATUS: Active
    • ON SITE: 75 days
    • ID#: 19493886
    UPDATED: 48 min ago
    $5,460,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,637
      SQFT
    • $567
      $/SQFT
    Type:
    Multi-Family
    Built:
    1961
    County:

    School Ratings & Info

    Description

    2332 South Beverly Glen Blvd. is an extremely rare opportunity to acquire an 8 unit prestigious pride of ownership asset in one of the best rental locations on the Westside of Los Angeles.++G++G+- Located on the corner of Beverly Glen Blvd. and Ilona Avenue, this very well maintained property boasts an ideal unit mix consisting of 1, 2, and 3 bedroom units, some with great views of the Los Angeles skyline. All of the units are extremely spacious, have a terrific floor plan, and are flooded with natural light. From an investment perspective, the property also has an extremely favorable depreciation schedule, as the improvements account for 66% of the total assessed value.With an extraordinary unit mix consisting of three (3+2), four (2+2) and one (1+1), these extra spacious apartments truly feel like a home. Additionally, two of the units are 2 story townhome style units and there are two vacancies (making it is great owner user). All soft story retrofit work has been completed!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-13T18:32:22.56. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or J1 REALTY GROUP. Licensed in the State of California, USA.
    www.j1re.com/homes/97379392

    2332 S Beverly Glen Los Angeles (City), CA 90064

    • Price: $5,460,000
    • Status: Active
    • Updated: 48 min ago
    • ID#: 19493886
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    9,637
    SQFT
    $567
    $/SQFT
    1961
    Built
    Neighborhood:
    C05 - Westwood - Century City
    County:
    Los Angeles
    Area:
    C05 - Westwood - Century City
    Property Description
    2332 South Beverly Glen Blvd. is an extremely rare opportunity to acquire an 8 unit prestigious pride of ownership asset in one of the best rental locations on the Westside of Los Angeles.++G++G+- Located on the corner of Beverly Glen Blvd. and Ilona Avenue, this very well maintained property boasts an ideal unit mix consisting of 1, 2, and 3 bedroom units, some with great views of the Los Angeles skyline. All of the units are extremely spacious, have a terrific floor plan, and are flooded with natural light. From an investment perspective, the property also has an extremely favorable depreciation schedule, as the improvements account for 66% of the total assessed value.With an extraordinary unit mix consisting of three (3+2), four (2+2) and one (1+1), these extra spacious apartments truly feel like a home. Additionally, two of the units are 2 story townhome style units and there are two vacancies (making it is great owner user). All soft story retrofit work has been completed!
    Exterior Features

    Lot Size Units Square Feet Parking Features Attached Carport Parking YN Yes

    Interior Features

    Laundry Features See Remarks

    Property Features

    Cap Rate 3.00 Gross Multiplier 19.12 Gross Operating Income 276997.00 Improvements Amount 226017 Land Value 117645 Laundry YN Yes Net Operating Income 163953.00 Special Listing Conditions Standard Total Expenses 113045.00 Zoning Lar3

    Listing provided courtesy of Jonathan Taksa of Remax Commercial And Investmen


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-13T18:32:22.56. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or J1 REALTY GROUP. Licensed in the State of California, USA.
     
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