Property Detail

Description

Located in an A+ Prime West Los Angeles location, just steps from Century City, 2372 S. Beverly Glen Blvd is a well-maintained 8-unit multifamily property offering investors both strong fundamentals and significant long-term upside. Built in 1950, the property features an excellent unit mix consisting of (8) one-bedroom/one-bathroom units, catering to the steady demand for efficient and desirable rental housing in one of Los Angeles' most coveted submarkets. Several units will be delivered with value-add potential, creating an opportunity to capture the +50% upside in market rents through interior renovations and repositioning. Strategically situated adjacent to Century City and within close proximity to Beverly Hills, Westwood, UCLA, and Santa Monica, the property benefits from unrivaled access to world-class shopping, fine dining, entertainment, and major employment hubs. Its location along Beverly Glen offers convenient connectivity to both the Westside and San Fernando Valley via nearby freeways and transit corridors. ***This property has not yet undergone the required Earthquake Seismic Retrofit. Buyer shall be responsible for all associated costs and liabilities."