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$ 2,218,052
$ 2,095,000 5.9%
Est. payment /mo
Sold on 04/10/2025
1036 S Bedford ST Los Angeles, CA 90035
9 Beds
8 Baths
5,861 SqFt
UPDATED:
Key Details
Sold Price $2,218,052
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,861 sqft
Price per Sqft $378
MLS Listing ID 25505555
Bedrooms 9
Year Built 1960
Lot Size 6,094 Sqft
Property Description
Introducing a rare opportunity to own a well-managed 5-unit multifamily property in the highly desirable Pico-Robertson neighborhood. This prime property offers an exceptional investment opportunity with significant value-add potential, as rents are 23% below market. Situated on a charming tree-lined street, the building features large, well-maintained units, including (1) three-bedroom, (2) two-bedroom, and (2) one-bedroom apartments. The three-bedroom unit boasts an expansive private patio, making it ideal for an owner-occupier. Recent upgrades include a brand-new roof (2023), earthquake retrofit (2019), and updated electrical and plumbing as needed. Additional highlights include 9 parking spaces, an on-site laundry facility, and individually metered gas and electric utilities, enhancing Tenant convenience and operational efficiency. Located in a highly walkable location, just minutes from top-tier restaurants, retail, parks and amenities, this property is a rare gem for investors and possible owner-occupiers. With strong long-term appreciation potential and immediate income upside, this is an opportunity not to be missed!
Location
State CA
County Los Angeles
Area C19 - Beverly Center-Miracle Mile
Zoning LAR3
Interior
Heating Forced Air
Cooling Wall/Window Unit(s)
Exterior
Parking Features Assigned, Covered, Carport, Uncovered
Building
Story 2
New Construction No
Others
Special Listing Condition Standard
Listed by Trevor Bergher • Westside Estate Agency Inc.
Bought with Roya Souferzadeh • Landmark Realtors, Inc.
Bought with Roya Souferzadeh • Landmark Realtors, Inc.