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Edie Israel

[email protected] +1(714) 623-3543

$ 2,980,000

Est. payment -/mo

Save

Active

1301 S Beverly Glen BLVD Los Angeles, CA 90024

7 Beds

8 Baths

6,789 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 6,789 sqft

Price per Sqft $438

MLS Listing ID 26635617

Bedrooms 7

HOA Y/N No

Year Built 1952

Lot Size 7,122 Sqft

Property Description

We are pleased to present a multifamily investment opportunity in an A+ trophy location on a corner lot at 1301 S Beverly Glen Blvd in Westwood located between Santa Monica Blvd and Wilshire Blvd and less than a mile from Century City and the Wilshire Corridor. The property features five spacious units, three 1+1.5's and two 2+2's with 12 parking spaces, including three double garages; three units have been extensively renovated with in-unit washers and dryers, recessed lighting, new double-pane windows, base moldings, hardwood floors, stainless-steel appliances, custom dark wood cabinetry, double sink vanities, tile showers with separate tubs, central heat and air, and new electrical and plumbing. All units have private outdoor space; three of five units have large patios facing S Beverly Glen with unbeatable views of Century City. One of the renovated one-bedrooms (850 SF) will be delivered vacant at the close of escrow; ideal for an owner user or opportunity to rent at market immediately. This offering represents an exceptional opportunity to acquire a well-maintained property with no deferred maintenance and strong existing cash flow with an additional 31% rental upside achievable as the proven renovation plan is continued. Ideal location for residents to commute to nearby employment hubs and commutes to Downtown Westwood, Century City, Beverly Hills, West Hollywood, and the Westside. Located in an affluent neighborhood with a significant affordability gap between renting and home ownership; within a two-mile radius of 1301S Beverly Glen Blvd, the median home value is over $1.1 million, and the average household income is over $132,000. Located just minutes from one of Los Angeles' premier shopping and lifestyle destinations, Westfield Century City, featuring luxury retailers, top-tier dining, and entertainment options.

Location

State CA

County Los Angeles

Area C05 - Westwood - Century City

Zoning LAR3

Interior

Heating None

Cooling None

Fireplace No

Exterior

Total Parking Spaces 12

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4327003025

Special Listing Condition Standard

Listed by Neema Ahadian Marcus & Millichap

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES

Elementary Schools 20

10

Edison Language Academy

Public | PK - 5
10

Warner Avenue Elementary

Public | KG - 5
10

Westwood Charter Elementary School

Public | KG - 5
10

West Hollywood Elementary

Public | KG - 5
9

Community Magnet Charter Elementary School

Public | KG - 5
9

Grant Elementary School

Public | PK - 5
9

Fairburn Avenue Elementary School

Public | KG - 5
9

Clover Avenue Elementary School

Public | KG - 5
9

Overland Elementary School

Public | KG - 5
9

El Rodeo School

Public | KG - 8
9

Beverly Vista School

Public | KG - 8
9

Canfield Avenue Elementary School

Public | KG - 5
9

Horace Mann School

Public | KG - 8
8

Richland Avenue Elementary

Public | KG - 6
8

Hawthorne School

Public | KG - 8
8

Castle Heights Elementary School

Public | KG - 5
7

Nora Sterry Elementary School

Public | KG - 5
7

Linwood E. Howe Elementary School

Public | KG - 5
5

Brockton Avenue Elementary

Public | KG - 5
5

Shenandoah Street Elementary School

Public | KG - 5

Middle Schools 12

8

New West Charter

Public | 6 - 10
7

Palms Middle School

Public | 6 - 8
6

Emerson Community Charter

Public | 6 - 8
5

Magnolia Science Academy 4

Public | 6 - 12
5

Magnolia Science Academy 6

Public | 6 - 8
4

Daniel Webster Middle School

Public | 6 - 8
0

Archer School for Girls

Private | 6 - 12
0

Fusion Academy - los Angeles

Private | 6 - 12
0

City Charter Middle School

Public | 6 - 8
0

Angela's Workshop

Private | 6 - 12
0

Yeshivat Ohr Chanoch

Private | 8 - 12
0

Star Preparatory Academy

Private | 6 - 12

High Schools 11

10

Beverly Hills High School

Public | 9 - 12
6

University High School Charter

Public | 9 - 12
5

Alexander Hamilton High School

Public | 9 - 12
0

Lighthouse Christian Academy

Private | 9 - 12
0

Marymount High School los Angeles

Private | 9 - 12
0

Arete Preparatory Academy

Private | 9 - 12
0

Notre Dame Academy Girls High School

Private | 9 - 12
0

Moreno High (Continuation)

Public | 9 - 12
0

Yula Boys High School

Private | 9 - 12
0

Cheviot Hills Continuation

Public | 9 - 12
0

Yula Girls High School

Private | 9 - 12

School and business data provided by Attom Data.

Edie Israel

Agent | License ID: 01399225

+1(714) 623-3543

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Yorba Linda, CA

Edie Israel

1301 S Beverly Glen BLVD Los Angeles, CA 90024

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

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1301 S Beverly Glen BLVD