Skip to main content

Multifamily

815-825 N Beverly Glen Blvd

815 N Beverly Glen Blvd, Los Angeles, CA 90077

Listing Price: $5,250,000

Cap Rate
3.08%
Number of Units
8
Price/Unit
$656,250
Price/Gross SF
$1,024.99
Gross SF
5,122

Investment Overview

Marcus & Millichap is pleased to present a unique investment opportunity in the Bel Air-Beverly Crest neighborhood of Los Angeles at 815-821 N Beverly Glen Blvd, a location north of Sunset Blvd surrounded by multi-million-dollar single-family residences Consisting of three parcels totaling 1.91 acres zoned RE15-1-HCR, there are currently six operating structures on the site consisting of one single (300 SF), four one-bedrooms (800-1,000 SF), two two-bedrooms (1,000-1,100 SF), and one three bedroom (1,700 SF); one two-bedroom and the three-bedroom will be delivered vacant at the close of escrow; there are two additional structures at the rear of the property that can be rehabbed and operate as two single units Well-maintained throughout the years with interior upgrades and system repairs as needed; separately metered for gas and electricity; four of the units have laundry hook-ups Flexibility to further renovate unit interiors and reposition the property, implement short-term rentals – buyer to verify, and/or build ADU’s to further increase the NOI Premier location with few alternative rental options in the area; easy access to the most upscale neighborhoods in all of Los Angeles including Bel Air, Westwood, Beverly Hills, Century City, and West Hollywood Nearby to luxury amenities such as Hotel Bel-Air, Los Angeles Country Club, Beverly Hills Hotel, Westfield Century City, and the high-end retail of Westwood and Beverly Hills Located just over one mile from UCLA and less than three miles from Century City just down S Beverly Glen Blvd

Investment Highlights

  • A unique investment opportunity in the Bel Air-Beverly Crest neighborhood of Los Angeles at 815-821 N Beverly Glen Blvd, a location north of Sunset Blvd surrounded by multi-million-dollar homes
  • Well-maintained throughout the years with interior upgrades and system repairs as needed; separately metered for gas and electricity; four of the units have laundry hook-ups
  • Flexibility to further renovate unit interiors and reposition the property, implement short-term rentals – buyer to verify, and/or build ADU's to further increase the NOI
  • Consisting of three parcels totaling 1.91 acres zoned RE15-1-HCR, there are currently six operating structures on the site consisting of one single (300 SF), four one-bedrooms (800-1,000 SF), two two-bedrooms (1,000-1,100 SF), and one three bedroom (1,700 SF); one two-bedroom and the three-bedroom will be delivered vacant at the close of escrow; there are two additional structures at the rear of the property that can be rehabbed and operate as two single units
  • Premier location with few alternative rental options in the area; easy access to the most upscale neighborhoods in all of Los Angeles including Bel Air, Westwood, Beverly Hills, Century City, and West Hollywood
  • Nearby to luxury amenities such as Hotel Bel-Air, Los Angeles Country Club, Beverly Hills Hotel, Westfield Century City, and the high-end retail of Westwood and Beverly Hills. Located just over one mile from UCLA and less than three miles from Century City just down S Beverly Glen Blvd

Exclusively Listed By

Financing By

Multifamily

815-825 N Beverly Glen Blvd

Listing Price: $5,250,000

Cap Rate
3.08%
Number of Units
8
Price/Unit
$656,250
Price/Gross SF
$1,024.99
Gross SF
5,122

Investment Highlights

  • A unique investment opportunity in the Bel Air-Beverly Crest neighborhood of Los Angeles at 815-821 N Beverly Glen Blvd, a location north of Sunset Blvd surrounded by multi-million-dollar homes
  • Well-maintained throughout the years with interior upgrades and system repairs as needed; separately metered for gas and electricity; four of the units have laundry hook-ups
  • Flexibility to further renovate unit interiors and reposition the property, implement short-term rentals – buyer to verify, and/or build ADU's to further increase the NOI
  • Consisting of three parcels totaling 1.91 acres zoned RE15-1-HCR, there are currently six operating structures on the site consisting of one single (300 SF), four one-bedrooms (800-1,000 SF), two two-bedrooms (1,000-1,100 SF), and one three bedroom (1,700 SF); one two-bedroom and the three-bedroom will be delivered vacant at the close of escrow; there are two additional structures at the rear of the property that can be rehabbed and operate as two single units
  • Premier location with few alternative rental options in the area; easy access to the most upscale neighborhoods in all of Los Angeles including Bel Air, Westwood, Beverly Hills, Century City, and West Hollywood
  • Nearby to luxury amenities such as Hotel Bel-Air, Los Angeles Country Club, Beverly Hills Hotel, Westfield Century City, and the high-end retail of Westwood and Beverly Hills. Located just over one mile from UCLA and less than three miles from Century City just down S Beverly Glen Blvd

Investment Overview

Marcus & Millichap is pleased to present a unique investment opportunity in the Bel Air-Beverly Crest neighborhood of Los Angeles at 815-821 N Beverly Glen Blvd, a location north of Sunset Blvd surrounded by multi-million-dollar single-family residences Consisting of three parcels totaling 1.91 acres zoned RE15-1-HCR, there are currently six operating structures on the site consisting of one single (300 SF), four one-bedrooms (800-1,000 SF), two two-bedrooms (1,000-1,100 SF), and one three bedroom (1,700 SF); one two-bedroom and the three-bedroom will be delivered vacant at the close of escrow; there are two additional structures at the rear of the property that can be rehabbed and operate as two single units Well-maintained throughout the years with interior upgrades and system repairs as needed; separately metered for gas and electricity; four of the units have laundry hook-ups Flexibility to further renovate unit interiors and reposition the property, implement short-term rentals – buyer to verify, and/or build ADU’s to further increase the NOI Premier location with few alternative rental options in the area; easy access to the most upscale neighborhoods in all of Los Angeles including Bel Air, Westwood, Beverly Hills, Century City, and West Hollywood Nearby to luxury amenities such as Hotel Bel-Air, Los Angeles Country Club, Beverly Hills Hotel, Westfield Century City, and the high-end retail of Westwood and Beverly Hills Located just over one mile from UCLA and less than three miles from Century City just down S Beverly Glen Blvd

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower