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Listed by Greg Blake • Coldwell Banker Realty
$8,950,000
Est. payment /mo
11,295 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 11,295 sqft
Price per Sqft $792
MLS Listing ID NP-26156496
Year Built 1941
Lot Size 0.345 Acres
Property Sub-Type Commercial/Residential
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Set within the highly desirable Westwood–Century City corridor, this 14-unit residential income property spans 1235–1241 S Beverly Glen Boulevard and includes two APNs, presenting a rare opportunity to acquire a meaningful multifamily asset in one of Los Angeles' most enduring rental markets. Positioned just south of Wilshire Boulevard, the property offers immediate access to the energy and convenience of the Westside, with close proximity to UCLA, Century City, Beverly Hills, premier employment centers, shopping, dining, and major transit corridors.
Comprising two buildings across an approximately 15,041-square-foot lot, the property offers approximately 11,295 square feet of building area and a practical two-level configuration designed to support long-term residential use. A mix of unit layouts, 12 garage spaces, and separately metered utilities for most units further enhance the property's operational profile, creating a compelling foundation for investors evaluating income, management efficiency, and future value potential.
In a market defined by durable rental demand and limited multifamily opportunities, this offering combines scale, location, and long-term upside in one of Southern California's most sought-after urban settings. With its Westside positioning and established residential income profile, the property represents a compelling opportunity for investors seeking a Los Angeles multifamily asset with lasting relevance and strategic growth potential.
Comprising two buildings across an approximately 15,041-square-foot lot, the property offers approximately 11,295 square feet of building area and a practical two-level configuration designed to support long-term residential use. A mix of unit layouts, 12 garage spaces, and separately metered utilities for most units further enhance the property's operational profile, creating a compelling foundation for investors evaluating income, management efficiency, and future value potential.
In a market defined by durable rental demand and limited multifamily opportunities, this offering combines scale, location, and long-term upside in one of Southern California's most sought-after urban settings. With its Westside positioning and established residential income profile, the property represents a compelling opportunity for investors seeking a Los Angeles multifamily asset with lasting relevance and strategic growth potential.
Location
State CA
County Los Angeles
Area C05 - Westwood - Century City
Interior
Laundry See Remarks
Exterior
Garage Spaces 12.0
Pool None
Community Features Sidewalks
Building
Lot Description Lot 10000-19999 Sqft
Sewer Unknown
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Nearby Locations
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900