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$ 1,695,000
Est. payment | /mo
4,538 SqFt
$ 1,695,000
Est. payment | /mo
4,538 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,538 sqft
Price per Sqft $373
MLS Listing ID CL26852207
HOA Y/N No
Year Built 1955
Lot Size 7,048 Sqft
Acres 0.1618
Property Sub-Type Other
Property Description
1023 S Bedford St, a charming 6-unit apartment building located in the highly desirable Pico-Robertson neighborhood of Los Angeles, California.Built in 1955, the property consists of (4) one-bedroom + one-bathroom unit and (2) two-bedroom +two-bathroom units. 3 of the One bedroom + One Bathroom units will be delivered VACANT. The building is 4,538 gross square feet and sits on a 7,048 square foot lot.Nestled in the heart of the Pico-Robertson neighborhood, 1023 S Bedford St offers residents a highly walkable, centrally located Los Angeles lifestyle surrounded by a diverse mix of dining, shopping, and everyday conveniences. Just minutes from Beverly Hills, Century City, and West Hollywood, the property provides seamless access to some of LA's most desirable employment and lifestyle hubs.With a strong Walk Score, residents enjoy close proximity to neighborhood cafes and popular restaurants along Pico and Robertson Boulevards, along with quick access to Beverly Center, TheGrove, and major thoroughfares including Olympic and La Cienega. Combining a quiet residential setting with excellent connectivity, 1023 S Bedford St delivers an ideal balance of convenience, accessibility, and long-term rental appeal in one of Los Angeles' most stable and in-demand neighborhoods. The property currently delivers an initial CAP rate of 5.02%, with the potential to reach a 7.64% CAP rate upon unit turnover.
Location
State CA
County Los Angeles
Interior
Heating None
Cooling None
Fireplace No
Building
New Construction No
Others
Tax ID UNAVAILABLE
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Listed by Michael Kamara • Lyon Stahl Investment Real Estate, Inc.
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