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1429 S Bedford St
Los Angeles, CA 90035

Multifamily Property For Sale · 8 Units

Executive Summary

Attention, savvy investors: Presenting a rare opportunity to purchase a brand-new vacant building in a booming Pico-Robertson location! With eight units in total, configurations are open-concept, and each spacious layout is appointed with the finest high-quality finishes for the modern tenant. Constructed with entertaining top of mind, the living room and dining room transition effortlessly into the kitchen with stone backsplash, abundant cabinetry, and stainless-steel cooktop with hood. Residents enjoy treetop and city views from Juliet balconies and patios for al-fresco lounging and dining. Projected rent rolls provide a total of $459,000 in annual income. Parking is controlled-access and subterranean. This 2024-complete building is located within close proximity of everything in the La Cienega and Pico area, just moments to Beverly Hills, West Hollywood, and the greater Westside, with the 10 Freeway a short drive away. This prime investment opportunity promises incredible value for the fortunate investor.

PROPERTY FACTS

Price Per Unit $1,571,117 CAD
Sale Type Investment
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class C
Lot Size 0.15 AC
Building Size 9,332 SF
No. Stories 4
Year Built 2024

Unit Amenities

  • Air Conditioning

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1.5 1 $3,232 CAD -
3+2.5 3 $7,900 CAD -
3+3 2 $7,900 CAD -
3+2 1 $8,260 CAD -
Studios 1 $3,591 CAD -

zoning

Zoning Code LAR3 (Multiple Dwellings)
LAR3 (Multiple Dwellings)
  • Listing ID: 31679419

  • Date on Market: 2024-05-02

  • Last Updated:

  • Address: 1429 S Bedford St, Los Angeles, CA 90035

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