1940 Beverly Glen blvd, Westwood, CA 90025
Active
$2,995,000
8 Units
12 Beds
8 Baths
6,200 Area(sq.ft.)
Lot: 5,750 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 4 | 2 | 1 | No | $ 2,653 | $ 10,613 | $ 11,180 |
| Unit 2 | 4 | 1 | 1 | No | $ 1,962 | $ 7,849 | $ 9,180 |
| 8 | 12 | 8 | $ 18,460 | $ 73,848 | $ 81,440 |
| MLS #: | 25547987 |
| Days On Market: | 245 |
| Listing Date: | June 4, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 483 |
| Price per unit: | $ 374,375 |
| Year Built: | 1954 |
Property Details
Situated in a highly sought-after West Los Angeles neighborhood, 1940 S Beverly Glen Blvd is a beautiful 8-unit apartment building that masterfully combines mid-century architecture with modern upgrades. Builtin 1954, this 6,200-square-foot property offers a well-balanced unit mix of four 1-bedroom, 1-bath units and four 2-bedroom, 1-bath units, catering to a diverse range of tenants. The building has undergone extensive renovations, ensuring that each residence provides a comfortable and stylish living experience. The apartments boast an array of premium finishes, including elegant hardwood flooring, sleek granite countertops, and state-of-the-art stainless steel appliances. Residents will appreciate the addition of dishwashers and air conditioning units, ensuring comfort and convenience year-round. New lighting fixtures throughout the units enhance the modern aesthetic, creating bright and inviting living spaces. Beyond its exceptional interiors, 1940 S Beverly Glen Blvd is ideally located to offer residents easy access to the best of West Los Angeles. The building is within close proximity to major employment centers, shopping districts, dining establishments, and recreational areas, making it an ideal choice for those seeking a vibrant urban lifestyle. The property's central location ensures that residents are never far from shopping, dining, and entertainment options, making it an ideal place to call home. For investors, 1940 S Beverly Glen Blvd presents a compelling opportunity. The building's mix of four1-bedroom, 1-bath units and four 2-bedroom, 1-bath units caters to a broad tenant base, enhancing occupancy rates and rental income potential. Additionally, the property's prime location in West Los Angeles positions it favorably for long-term appreciation. Investors can anticipate steady rental income and potential for property value growth, solidifying 1940 S Beverly Glen Blvd as a prudent investment choice. With its prime location, modern amenities, and well-maintained units, 1940 Beverly Glen Blvd presents a compelling opportunity for investors seeking a stable income-producing property in a desirable area. The building's mix of 1-bedroom and 2-bedroom units caters to a broad tenant base, enhancing occupancy rates and rental income potential. The building offers a unique blend of vintage charm and contemporary upgrades, making it a standout property in the West Los Angeles rental market. 1940 S Beverly Glen Blvd is available separately or as a package along with 1357-1361 S Beverly Glen Blvd ($3,425,000 7 units) and 1944 S Beverly Glen Blvd ($2,850,000 8 units).Interested in this Listing?
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Income Details
| Vacancy Rate: | 1% |
| Gross Operating Income: | $ 224,662 |
| Total Annual Expense: | $ 94,886 |
| Net Operating Income: | $ 123,130 |
| Gross Annual Income: | $ 221,547 |
| Gross Rent Multiplier: | 12.10 |
Structure
| Type of Units: | 2s,1a |
| Buildings: | 1 |
| Levels: | One |
Land & Parking
| Zoning: | LAR3 |
| Parking Garage: | Assigned, Carport Attached |
| Total Parking: | 11 |
Interior
| AC/Cooling: | Wall/Window |
| Equipment: | Dishwasher, Built-Ins, Garbage Disposal, Microwave |
| Heating: | Wall |
Exterior
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