$9,500,000
$800K PRICE DROP

2731 Beverly Blvd Los Angeles, CA 90057

Westlake Neighborhood

Estimated payment $61,675/month

Total Views 7,627
66 Beds
66 Baths
24,795 Sq Ft
$383 Price per Sq Ft

About This Home

Gorgeous architecturally prominent 4 story building in the area referred to as "Rampart Village" that is quickly becoming the new Echo Park and Silverlake and minutes from Downtown LA. This property has undergone major renovations including new roof, new copper plumbing, new waste lines, updated electrical system, restored lobby and all common areas, updated windows, and thoughtfully renovated units. The units are large bachelors with full bathrooms and small kitchenettes. These units are bright with high ceilings and city views. Incredible lobby that welcomes the tenants . The units rent like hotcakes. This is the perfect "CASH FLOW" deal as all the heavy lifting is done. On site and off site management makes this an easy asset to handle. 65 units plus one large ground floor retail/ office/ live work space.

Listing Agent

Alex Galuz

Keller Williams Realty Calabasas License #01291486 Listed on: 01/07/2025

Keller Williams Realty Calabasas

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $123,761

Year Built

  • Built in 1927

Lot Details

  • 6,829 Sq Ft Lot
  • Lot Dimensions are 60x120

Home Design

  • Split Level Home

Interior Spaces

  • 24,795 Sq Ft Home
  • 4-Story Property
  • Elevator
  • Wood Flooring
  • City Views
  • Microwave

Bedrooms and Bathrooms

  • 66 Bedrooms
  • 66 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • Cable TV Available

Community Details

  • 66 Units

Listing and Financial Details

  • Assessor Parcel Number 5156-020-018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$123,761

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Architectural
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 24795
  • Lot Acreage: 0.1568
  • Lot Dimensions: 60x120
  • Stories: 4
  • Year Built: 1927
  • Number Of Photos: 22
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 66
  • Total Bathrooms: 66.00
  • Equipment: Cable, Elevator, Microwave, Refrigerator
  • Price Per S Q F T: 383.14

Exterior Features

  • Other Structures: None
  • View: City
  • View: Yes

Utilities

  • Cooling: Wall/Window, Heat Pump(s)
  • Heating: Heat Pump

Lot Info

  • Assessed Improvement Percent: 86.49
  • Assessed Improvement Value: 8577615
  • Assessed Land Percent: 13.51
  • Assessed Land Value: 1340252
  • Total Assessed Value: 9917867
  • Assessor Parcel Number: 5156-020-018
  • Lot Size Area: 6829

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 9.00
  • Number Of Units: 66
  • Total Annual Expense: 341500
  • Type Of Units: studios
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 0

Map

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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $123,761 $10,318,548 $1,394,398 $8,924,150
2024 $123,761 $10,116,224 $1,367,057 $8,749,167
2023 $121,356 $9,917,867 $1,340,252 $8,577,615
2022 $115,701 $9,723,400 $1,313,973 $8,409,427
2021 $114,212 $9,532,746 $1,288,209 $8,244,537
2019 $81,570 $6,770,660 $1,040,400 $5,730,260
2018 $81,331 $6,638,060 $1,020,000 $5,618,060
2016 $8,369 $562,739 $157,554 $405,185
2015 $8,269 $554,287 $155,188 $399,099
2014 $8,404 $543,431 $152,149 $391,282
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2025 09/03/25 Price Changed $9,500,000 -7.8% $383 / Sq Ft
01/07/2025 01/07/25 For Sale $10,300,000 -- $415 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $9,250,000 Priority Title
Grant Deed -- Priority Title
Grant Deed $6,500,000 None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $7,550,000 Commercial
Previous Owner $200,000 Commercial
Previous Owner $4,500,000 Commercial
Source: Public Records

Source: The MLS

MLS Number: 25-478225

The MLS

APN: 5156-020-018

California Los Angeles County Los Angeles 90026 Westlake

2731 Beverly Blvd, Los Angeles, CA

This home is located at 2731 Beverly Blvd, Los Angeles, CA 90057 and is currently priced at $9,500,000, approximately $383 per square foot. This property was built in 1927. 2731 Beverly Blvd is a home located in Los Angeles County with nearby schools including Rosemont Avenue Elementary School, Virgil Middle School, and Belmont High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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Alex Galuz
Listing Agent
Alex Galuz
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Keller Williams Realty Calabasas
(310) 466-0888