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1933 S Bedford ST Los Angeles, CA 90034
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Key Details
Sold Price $5,745,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB20246031
Sold Date 03/16/21
HOA Y/N No
Year Built 1965
Lot Size 0.290 Acres
Property Description
Right in the middle of the booming Downtown Culver City and Pico-Robertson, 1933 S. Bedford is an ideal 16-unit asset with "A" location. Located in one of the LA's strongest rental markets, this is an ideal pickup for any exchange buyer or investor looking to own a unique asset with tons of upside.
The Bedford St. Asset offers an ideal unit mix comprised of (2) 3-Bd/2-Ba, (10)2-Bd/2-Ba, (2) 2-Bd/1-Ba, (2) 1-Bd/1-Ba units. Three of the 2-Bed/2-Ba units will be delivered ready for market rents. All units are in great condition, and feature Hardwood flooring, Quartz Countertops, Dishwashers, A/C, new paint, and spacious master bathrooms. Units also come with their own private balconies. There is ample parking for all tenants, and the retrofitting has already been completed by the current owner. A massive property, Bedford St. comes with a beautiful courtyard and lobby. With proforma rents in place, the property will operate just under a 6% Cap and above a 12 GRM.
Only minutes away from Millions of $ in development, this beautiful 16-unit is an ideal pickup for any exchange buyer or investor looking to own in one of Los Angeles's top rental markets.
Location
State CA
County Los Angeles
Area C09 - Beverlywood Vicinity
Zoning LARD2
Interior
Heating Radiant
Fireplace No
Laundry Laundry Room
Exterior
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Curbs, Gutter(s), Street Lights, Sidewalks, Urban
Total Parking Spaces 21
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 3
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 4302021042
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.