$2,050,000

Estimated payment $13,199/month

Total Views 255
10 Beds
10 Baths
6,190 Sq Ft
$331 Price per Sq Ft

Highlights

  • Tandem Parking
  • Laundry Room
  • West Facing Home
  • West Hollywood Elementary School Rated A-

About This Home

This offering presents a rare opportunity to acquire a stabilized multifamily asset with a 5.80% in-place cap rate in one of Los Angeles' most competitive rental markets. Located in Beverly Grove, just steps from Beverly Hills, the property delivers immediate income security alongside enduring tenant demand driven by its prime location. Residents benefit from proximity to major job centers, world-class dining, shopping, and cultural institutions, while the affordability gap in homeownership continues to fuel long-term rental stability. The existing vacancy also creates a unique owner-user opportunity, allowing a buyer to occupy a unit in this highly desirable submarket while collecting rental income from the remaining apartments.Blending vintage architectural charm with modern improvements, the property offers both character and practicality. A completed seismic retrofit ensures safety and compliance while removing a significant capital expense for new ownership. Tenants are further attracted by desirable amenities including gated entry, covered parking, balconies or patios in select units, and on-site laundry facilities. The owner's unit features central air and a private rear yard, providing rare features in this neighborhood that enhance livability and value.

Listing Agent

Sam Liberow

Marcus & Millichap License #01933858 Listed on: 08/28/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 6,504 Sq Ft Lot
  • West Facing Home

Home Design

  • Stucco

Interior Spaces

  • 6,190 Sq Ft Home
  • 2-Story Property
  • Oven or Range
  • Laundry Room

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Bathrooms

Parking

  • 3 Open Parking Spaces
  • 8 Parking Spaces
  • Carport
  • Tandem Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 4334-016-016

Community Details

Overview

  • 5 Units

Building Details

  • Rent Control
  • Vacancy Allowance $5,868

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 6190
  • Lot Acreage: 0.1493
  • Stories: 2
  • Year Built: 1960
  • Number Of Photos: 44
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Laundry: Laundry Area
  • Laundry Equipment: Own
  • Total Bathrooms: 10.00
  • Equipment: Refrigerator, Range/Oven
  • Price Per S Q F T: 331.18

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Other Structures: None

Garage/Parking

  • Other Spaces: 3
  • Covered Parking: 5
  • Parking Garage: Carport, Tandem
  • Total Parking: 8

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 55.24
  • Assessed Improvement Value: 163422
  • Assessed Land Percent: 44.76
  • Assessed Land Value: 132411
  • Total Assessed Value: 295833
  • Assessor Parcel Number: 4334-016-016
  • Lot Size Area: 6504

Rental Info

  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 11.04
  • Number Of Units: 5
  • Rent Control: 100
  • Total Annual Expense: 61900
  • Type Of Units: Standard
  • Vacancy Allow: 5868
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 5572

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
08/28/2025 08/28/25 For Sale $2,050,000 -- $331 / Sq Ft
Source: The MLS

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Source: The MLS

MLS Number: 25584413

The MLS