Property Description
We are pleased to present 1238 S Beverly Blvd, a 18-unit apartment building located in Westwood, a neighborhood in Los Angeles, California. Built in 1946,the property consists o three (3) bachelor units, seven (7) bachelor + kitchenette units, and eight (8)studio units. The building is 7,834 gross square feet and sits on a 7,429 square foot lot. 1238 S Beverly Glen Blvd is located on a charming, residential street in Westwood, California. Residents will benefit from the abundance of restaurants, shopping, and entertainment options nearby. The property is within walking distance to the Century City Mall and only a 5 minute drive to Westwood Town Center. Strategically positioned in West LA, Westwood offers convenient access to major highways including the I-405 and the I-10. Its central location makes it an attractive choice for those needing to traverse to different parts of Los Angeles.1238 S Beverly Glen Blvd represents a unique value-add opportunity for investors due to the property’s location and rental upside. The property offers an initial CAP rate of 5.12% with the ability to improve to a 6.42% CAP rate once units turnover.
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Address Map
U.S.
California
Los Angeles
Los Angeles
90024
1238 S Beverly Glen Boulevard
0
W119° 34' 20.3''
N34° 3' 56.7''
MLS Addon
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7,834 Sqft
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5.12
14
On Beverly Glen just south of Wilshire Blvd
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Residential Income For Sale Los Angeles

1238 S Beverly Glen Boulevard, Los Angeles, Los Angeles, California, 90024

7,834 Sqft
Visits : 2 in 28 days
$4,395,000
Listing ID #24431473
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 24431473
Price : $4,395,000
Square Footage : 7,834 Sqft
Year Built : 1946
Lot Area : 7,431 Acre
Status : Active
Agent info
Damian M. Ramirez
Damian M. Ramirez
  • 01974515
  • 1213238
  • PWDAMRA
Broker
Broker
A level-headed and composed professional.  Combat veteran and experienced CEO with the ability to train and motivate staff to meet challenging performance targets and consistently satisfy clients with high-quality service.
Contact Agent
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