Active
$2,850,000
8 Units
8 Beds
8 Baths
4,536 Area(sq.ft.)
Lot: 5,752 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 8 | 1 | 1 | No | $ 2,308 | $ 18,466 | $ 20,760 |
| 8 | 8 | 8 | $ 18,464 | $ 147,728 | $ 166,080 |
| MLS #: | 25548003 |
| Days On Market: | 185 |
| Listing Date: | June 4, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 628 |
| Price per unit: | $ 356,250 |
| Year Built: | 1952 |
Property Details
Located in the heart of West Los Angeles, 1944 S Beverly Glen Blvd seamlessly blends classic design with modern amenities. Constructed in 1952, and spanning 4,536 square feet, this 8-unit apartment building retains its original midcentury architectural elements, characterized by clean lines, functional layouts, and an emphasis on natural light. The thoughtful design ensures that each of the eight 1-bedroom, 1-bathroom units feels spacious and inviting. Over the years, the property has undergone extensive renovations to meet the demands of modern living. Most units now feature elegant hardwood flooring that complements the building's timeless aesthetic. The kitchens have been updated with sleek granite countertops and high-end stainless steel appliances, including dishwashers and refrigerators, catering to both style and functionality. New lighting fixtures illuminate the spaces, enhancing the contemporary feel, while air conditioning units have been installed to ensure comfort during warmer months. One of the standout features of 1944 S Beverly Glen Blvd is its prime location. Situated in a vibrant neighborhood, residents have easy access to a plethora of amenities and attractions. The property is in close proximity to theWestfield Century City Mall, offering high-end retail stores, dining options, and entertainment venues. Additionally, the building is near Santa Monica Boulevard, providing convenient access to other parts of Los Angeles. The surrounding area boasts a rich cultural scene, with numerous art galleries, theaters, and museums. For those who enjoy outdoor activities, nearby parks and recreational facilities offer ample opportunities for leisure and fitness. The neighborhood is also home to a variety of restaurants, cafes, and shops, ensuring that residents have everything they need within reach. For investors, 1944 S Beverly Glen Blvd presents a compelling opportunity. The building's mix of 1-bedroom units caters to a broad tenant base, enhancing occupancy rates and rental income potential. The recent renovations ensure that the property remains competitive in the market while attracting quality tenants. 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 1944 S Beverly Glen Blvd as a prudent investment choice.1944 S Beverly Glen Blvd is a standout property in the West Los Angeles rental market. Whether you're a resident seeking a comfortable and stylish place to live or an investor looking for a reliable income-producing property, this building provides the best of both worlds. 1944 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 1940 S Beverly Glen Blvd ($2,995,000 8 units).Interested in this Listing?
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Income Details
| Gross Operating Income: | $ 223,726 |
| Total Annual Expense: | $ 80,176 |
| Net Operating Income: | $ 136,905 |
| Gross Annual Income: | $ 221,592 |
| Cap Rate: | 4.8% |
| Gross Rent Multiplier: | 12.74 |
Structure
| Type of Units: | 1s |
| Buildings: | 1 |
| Levels: | One |
Land & Parking
| Zoning: | LAR3 |
| Parking Garage: | Assigned, Carport Attached |
| Total Parking: | 10 |
Interior
| AC/Cooling: | Wall Unit(s) |
| Equipment: | Built-Ins, Garbage Disposal, Dishwasher, Microwave |
| Heating: | Wall |
Exterior
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