Huge value-add opportunity located in prime Beverly Grove location with 90% upside potential based on the market rents, Future Development potential, R3 zone TOC tier 4, or owner occupancy. This four unit apartment building features massive units averaging approximately 1,400 square feet each. Great unit mix of four (4) two-bedroom/two-bathroom units. Nice floor plans and great potential. Covered parking included for each unit. Property has a great walk score of 82 and is just a stone's throw from LA's best shopping and dining on Third Street, The Grove and Farmer's Market. Ideally located walking distance to Beverly Hills, Beverly Center, Cedar Sinai, and LACMA. Transportation is also made easy by access to nearby transportation hubs including the LA Metro, San Vicente Blvd, Santa Monica Blvd, and 101 & 10 Freeways. This well-positioned property presents a once-in-a-lifetime opportunity for an investor to capitalize on immense rental upside and strong appreciation in one of the most desired and sought-after areas in LA.
Listing Office Keller Williams Realty Westside, 310-482-2500
Updated 11:08AM - 6/25/2022
Listing Agent Eliza Kerndian, 310-924-7244
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