2354 S Beverly Glen BLVD new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90064
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,133 sqft
Price per Sqft $532
MLS Listing ID 25609945
Bedrooms 8
Year Built 1949
Lot Size 7,152 Sqft
Property Description
2354 S Beverly Glen Blvd presents a rare opportunity to acquirean architecturally distinctive mid-century-design 5-unit apartment building in a highly desirable West Los Angeles location just one block north of Rancho Park Golf Course. The property stands out from typical multifamily buildings in the area with its attractive design and strong curb appeal. Situated on a 7,152-square-foot lot, the building offers approximately 4,133 square feet and 4 private garages with room for tandem spots. The unit mix consists of four spacious multi-level 2-bedroom, 2-bath units and one studio. All two-bedroom units feature in-unit washer and dryers and private enclosed patios, while the end unit two-bedroom unit also enjoys an additional private rooftop deck. All apartments are generously sized, providing excellent livability and long-term rental appeal. With its architectural character, ideal unit mix, and prime location near major employment hubs and amenities, this property represents an outstanding investment or owner-user opportunity in one of Los Angeles's most stable rental markets. The property currently operates at an in-place cap rate of 4.16% with a 14.44 GRM, offering steady current income and significant upside potential. With projected market rents post renovations, it achieves a pro forma cap rate of 7.16% and 9.60 GRM. Seismic retrofitting is not required, enhancing ease of ownership and long-term value.
Location
State CA
County Los Angeles
Area C05 - Westwood - Century City
Zoning LAR3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Wood
Fireplaces Type None
Laundry Inside,See Remarks
Exterior
Pool None
View Y/N Yes
View City Lights
Building
Story 2
Sewer Other
New Construction No
Others
Special Listing Condition Standard