$2,260,000

1142 Bedford Street, Los Angeles 90035

3

Beds

2

Baths

4,865

Square feet

6,337

Lot Size

6

# Of Units

Listing Agent
David Yadegaran - Carolwood Estates

1142 South Bedford Street offers a rare opportunity for investors seeking a 5% CAP rate on a 6 unit investment property just 3 blocks from Beverly Hills, in the prime Pico-Robertson area of Beverlywood. Unit mix consists of four (4) 1 bedroom / 1 bathroom units along with two (2) 2 bedroom / 1 bathroom units. Built in 1955, each unit features a spacious living area, hardwood floors, one or two bedrooms, and a full bathroom. All six units are currently leased at below market rents, providing a steady stream of income with huge upside for the new owner. The property also includes a shared laundry room and a detached 4-car carport with ADU potential. With a strong rental history, LAR3 zoning and prime location, this 6-unit building is an excellent investment opportunity that should not be missed. Please do not disturb tenants.

Facts & Features

MLS® # 23268253
Price $2,260,000
Bedrooms 3
Bathrooms 2.00
Square Footage 4,865
Lot Size 6,337
Year Built 1955
Type Residential Income
Status Active
# Of Units 6

Community Information

Address 1142 Bedford Street
Area C19 - Beverly Center-Miracle Mile
City Los Angeles
County Los Angeles
Zip Code 90035

Amenities

Parking Spaces 6
Parking Carport
Garages Carport
Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No
# of Stories 2
Stories Multi/Split

Additional Information

Date Listed May 8th, 2023
Days on Market 371
Zoning LAR3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentDavid Yadegaran
OfficeCarolwood Estates

Listing Map

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