$2,195,000

Estimated payment $14,062/month

Total Views 161
12 Beds
9 Baths
5,750 Sq Ft
$382 Price per Sq Ft

Highlights

  • Tandem Parking
  • Carthay Center Elementary School Rated 9+
  • Forced Air Heating System

About This Home

Introducing a rare opportunity to own a well-maintained 5-unit multifamily property in the highly sought-after Beverly Hills Adjacent neighborhood. This prime asset offers significant value-add potential, with current rents averaging roughly 25% below market. The unit mix includes (4) spacious three-bedroom apartments and (1) studio. The three-bedroom owner's unit will be delivered vacant, presenting an immediate opportunity for income maximization. All three-bedroom layouts boast expansive living spaces, making them ideal for an owner-occupier. Recent capital improvements include a seismic retrofit (2025) and SB-721 balcony compliance (2025), minimizing future capital expenditure risk. Buyer may also recover up to 50% of the EQ retrofit costs through Tenant pass-throughs. Additional highlights include 10 parking spaces, an on-site laundry facility, and individually metered gas and electric utilities, enhancing Tenant convenience and operational efficiency. Located in a highly walkable neighborhood, just minutes from top-tier restaurants, retail, parks, and amenities, this property is a rare find for investors and possible owner-occupiers. With strong long-term appreciation potential and immediate income upside, this is an opportunity not to be missed.

Listing Agent

Trevor Bergher

Westside Estate Agency Inc. License #02103899 Listed on: 09/03/2025

Westside Estate Agency Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 5,747 Sq Ft Lot

Interior Spaces

  • 5,750 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 9 Bathrooms

Parking

  • 10 Parking Spaces
  • Carport
  • Tandem Parking
  • Uncovered Parking
  • Assigned Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 4333-021-028

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 5750
  • Lot Acreage: 0.1319
  • Stories: 2
  • Year Built: 1958
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Total Bathrooms: 9.00
  • Equipment: Dishwasher, Range/Oven, Refrigerator
  • Price Per S Q F T: 381.74

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Assigned, Carport, Covered Parking, Tandem, Uncovered
  • Total Parking: 10

Utilities

  • Cooling: Window Unit(s)
  • Heating: Forced Air

Lot Info

  • Assessed Improvement Percent: 59.08
  • Assessed Improvement Value: 141550
  • Assessed Land Percent: 40.92
  • Assessed Land Value: 98034
  • Total Assessed Value: 239584
  • Assessor Parcel Number: 4333-021-028
  • Lot Size Area: 5747

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 12.52
  • Number Of Units: 5
  • Total Annual Expense: 55614
  • Type Of Units: 3+2, 0+1
  • Vacancy Rate: 1

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
09/03/2025 09/03/25 For Sale $2,195,000 -- $382 / Sq Ft
Source: The MLS

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Source: The MLS

MLS Number: 25586741

The MLS