NOT LISTED FOR SALE

1032 S Bedford St Los Angeles, CA 90035

Pico-Robertson Neighborhood
10 Beds
9 Baths
5,276 Sq Ft
5,968 Sq Ft Lot

Last Sold December 02, 2021

Last sale price $2,710,000 $514 Per Sq Ft

105 Days on Market

About This Home

As of December 2021

1032 South Bedford Street is a five unit apartment building in the prime neighborhood of Pico Robertson in Los Angeles. The property is adjacent to the prominent cities of Beverly Hills, Century City, West Hollywood, Mid Wilshire, and West Los Angeles. It is only minutes away to numerous shopping
attractions, key employment centers, and development projects. The five unit building is comprised of two 2 three bed/two bath units, two 2 two bed/two bath units, and one 1 studio. The three renovated units consist of new stainless steel appliances, new dual pane windows, hardwood floors, new cabinets and countertops, and updated bathrooms. The larger units feature both a reach in and walk in closet. These spacious units offer A/C units, plenty of storage and closet space making them highly desirable to prospective tenants. There are 4 covered parking spaces, 5 storage units, and an on site laundry facility available for all tenants. The units are separately metered for gas and electricity.

Last Agent to Sell the Property

Chris van Vuuren

Lyon Stahl Investment Real Estate, Inc. License #02060007 Listed on: 06/10/2021

Lyon Stahl Investment Real Estate, Inc.

Co-Listed By

Lorraine Tan

Lyon Stahl Investment Real Estate, Inc. License #01971639

Last Buyer's Agent

Omid Nikayin

Real Estate Source, Inc. License #02075350

Real Estate Source, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 5,968 Sq Ft Lot
  • No Common Walls
  • Level Lot

Home Design

  • 5,276 Sq Ft Home

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 9 Bathrooms

Laundry

  • Laundry Room
  • Dryer

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 62
  • Tax Tract Number 7170
  • Assessor Parcel Number 4332021010

Community Details

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,750
  • Professional Management Expense $6,442
  • Trash Expense $2,904
  • Water Sewer Expense $4,000
  • Operating Expense $50,886
  • Gross Income $186,000
  • Net Operating Income $110,160

Additional Features

  • 5 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Professional Management Expense: 6442.00
  • Property Attached: No
  • Water Sewer Expenses: 4000.00
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 4332021010
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 513.65

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community, Dryer Included, Electric Dryer Hookup, Washer Hookup
  • Sewer: Unknown
  • Trash Expense: 2904.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 5968.00
  • Lot Size Acres: 0.1370

Multi Family

  • Gross Income: 186000.00
  • Gross Scheduled Income: 164172.00
  • Insurance Expense: 1750.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 150.00
  • Lot Size Area: 5968.0000 Square Feet
  • Net Operating Income: 110160.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 50886.00
  • Rent Control: Yes
  • Total Expenses: 50886.00

Tax Info

  • Tax Census Tract: 2164.01
  • Tax Lot: 62
  • Tax Tract Number: 7170

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2021 12/02/21 Sold $2,710,000 +0.7% $514 / Sq Ft
09/23/2021 09/23/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $2,690,000 +41.6% $510 / Sq Ft
05/27/2016 05/27/16 Sold $1,900,000 -4.8% $360 / Sq Ft
01/22/2016 01/22/16 Pending -- -- --
01/04/2016 01/04/16 For Sale $1,995,000 -- $378 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Chris van Vuuren

    Seller's Agent in 2021

    Chris van Vuuren

    Lyon Stahl Investment Real Estate, Inc.

    (714) 655-0098

    1 in this area

    23 Total Sales

    Chris van Vuuren
    Section Image
  • Lorraine Tan

    Seller Co-Listing Agent in 2021

    Lorraine Tan

    Lyon Stahl Investment Real Estate, Inc.

    (310) 425-9838

    1 in this area

    16 Total Sales

    Lorraine Tan
    Section Image
  • Omid Nikayin

    Buyer's Agent in 2021

    Omid Nikayin

    Real Estate Source, Inc.

    (310) 210-7453

    1 in this area

    4 Total Sales

    Omid Nikayin
    Section Image
  • Nicole Apostolos

    Seller's Agent in 2016

    Nicole Apostolos

    Equity Union

    (818) 747-7442

    25 Total Sales

    Nicole Apostolos
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21125853

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Los Angeles 90035 Pico-Robertson

1032 S Bedford St, Los Angeles, CA

This home is located at 1032 S Bedford St, Los Angeles, CA 90035 since 10 June 2021. This property was built in 1963. 1032 S Bedford St is a home located in Los Angeles County with nearby schools including Carthay Center Elementary School, Fairfax High School, and Ralph Waldo Emerson Community Charter Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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