$6,595,000
PENDING $905K PRICE DROP

Estimated payment $42,529/month

Total Views 1,525
25 Beds
29 Baths
17,974 Sq Ft
$367 Price per Sq Ft

About This Home

Offered for the first time in over 50 years, 2332 S. Bentley Avenue presents a rare opportunity to acquire a generational multifamily asset in one of the most sought-after rental markets in Los Angeles. Built in 1972, this well-maintained 17-unit property spans approximately 17,974 square feet and features a highly desirable and diverse unit mix: (8) two-bedroom, two-bathroom units, (4) one-bedroom, one-bathroom units with dens, (3) standard one-bedroom, one-bathroom units, and (2) studio units. This asset offers exceptional long-term investment potential, featuring gated subterranean parking, controlled access entry, and on-site laundry facilities. Three units will be delivered vacant at the close of escrow, providing immediate value-add upside. With 14%rental upside, investors have a compelling opportunity to enhance cash flow through interior renovations and leasing at market rates. Several units have already been tastefully upgraded with hardwood flooring, stainless steel appliances, and granite countertops making them highly attractive to today's renters. This asset offers exceptional long-term investment potential, featuring gated subterranean parking, controlled access entry, and on-site laundry facilities. Three units will be delivered vacant at the close of escrow, providing immediate value-add upside. With 14%rental upside, investors have a compelling opportunity to enhance cash flow through interior renovations and leasing at market rates. Several units have already been tastefully upgraded with hardwood flooring, stainless steel appliances, and quartz countertops making them highly attractive to today's renters.

Listing Agent

Michael Monempour

Lyon Stahl Investment Real Estate, Inc. License #01996829 Listed on: 05/19/2025

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Parking

  • On-Street Parking

Interior Spaces

  • 17,974 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 25 Bedrooms
  • 29 Bathrooms

Additional Features

  • 0.29 Acre Lot
  • Central Heating and Cooling System

Community Details

  • 17 Units
  • Vacancy Allowance $18,263

Listing and Financial Details

  • Assessor Parcel Number 4322-016-032

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 17974
  • Lot Acreage: 0.2869
  • Year Built: 1972
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 25
  • Total Bathrooms: 29.00
  • Price Per S Q F T: 366.92

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Above Street Level

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 77.45
  • Assessed Improvement Value: 668446
  • Assessed Land Percent: 22.55
  • Assessed Land Value: 194670
  • Total Assessed Value: 863116
  • Assessor Parcel Number: 4322-016-032
  • Lot Size Area: 12496

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 10.83
  • Number Of Units: 17
  • Total Annual Expense: 198853
  • Type Of Units: 1's & 2's
  • Vacancy Allow: 18263
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 23.53

Map

Range of Values:

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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
07/04/2025 07/04/25 Pending -- -- --
06/18/2025 06/18/25 Price Changed $6,595,000 -7.8% $367 / Sq Ft
06/12/2025 06/12/25 Price Changed $7,150,000 -4.7% $398 / Sq Ft
05/19/2025 05/19/25 For Sale $7,500,000 0.0% $417 / Sq Ft
10/08/2024 10/08/24 Off Market $2,375 -- --
09/24/2024 09/24/24 For Rent $2,375 -- --
Source: The MLS

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Source: The MLS

MLS Number: 25540777

The MLS