Active
$6,595,000
12%
17 Units
25 Beds
29 Baths
17,974 Area(sq.ft.)
Lot: 12,496 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 2 | studio | 1 | No | $ 1,825 | $ 3,650 | $ 4,750 |
| Unit 2 | 2 | 1 | 1 | No | $ 2,925 | $ 5,900 | $ 5,850 |
| Unit 3 | 4 | 1 | 1.50 | No | $ 2,646 | $ 13,000 | $ 10,585 |
| Unit 4 | 8 | 2 | 2 | No | $ 3,388 | $ 30,800 | $ 27,111 |
| 16 | 22 | 28 | $ 47,188 | $ 317,500 | $ 280,428 |
| MLS #: | 25540777 |
| Days On Market: | 200 |
| Listing Date: | May 19, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 367 |
| Price per unit: | $ 387,941 |
| Year Built: | 1972 |
Property Details
Offered for the first time in over 50 years, 2332 S. Bentley Avenue presents a rare opportunity to acquire a generational multifamily asset in one of the most sought-after rental markets in Los Angeles. Built in 1972, this well-maintained 17-unit property spans approximately 17,974 square feet and features a highly desirable and diverse unit mix: (8) two-bedroom, two-bathroom units, (4) one-bedroom, one-bathroom units with dens, (3) standard one-bedroom, one-bathroom units, and (2) studio units. This asset offers exceptional long-term investment potential, featuring gated subterranean parking, controlled access entry, and on-site laundry facilities. Three units will be delivered vacant at the close of escrow, providing immediate value-add upside. With 14%rental upside, investors have a compelling opportunity to enhance cash flow through interior renovations and leasing at market rates. Several units have already been tastefully upgraded with hardwood flooring, stainless steel appliances, and granite countertops making them highly attractive to today's renters. This asset offers exceptional long-term investment potential, featuring gated subterranean parking, controlled access entry, and on-site laundry facilities. Three units will be delivered vacant at the close of escrow, providing immediate value-add upside. With 14%rental upside, investors have a compelling opportunity to enhance cash flow through interior renovations and leasing at market rates. Several units have already been tastefully upgraded with hardwood flooring, stainless steel appliances, and quartz countertops making them highly attractive to today's renters.Interested in this Listing?
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Income Details
| Vacancy Rate: | 23% |
| Gross Operating Income: | $ 590,496 |
| Total Annual Expense: | $ 198,853 |
| Net Operating Income: | $ 391,643 |
| Gross Annual Income: | $ 608,759 |
| Cap Rate: | 5.94% |
| Gross Rent Multiplier: | 10.83 |
| Actual Gross Income: | $ 608,759 |
Structure
| Type of Units: | 1's & 2's |
| Buildings: | 1 |
| Levels: | Two |
Land & Parking
| Zoning: | LAR3 |
| Parking Garage: | Above Street Level |
Interior
| AC/Cooling: | Central |
| Equipment: | None |
| Heating: | Central |
Exterior
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