Just Listed | 6 Units | Prime Beverly Grove

Listing Details: $1,800,000

Price/Unit: $300,000

Price/SF: $428.57

Year Built: 1948

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Investment Highlights:

Approximately 47% +/- Upside?

This property presents a true value-added investment opportunity, with current rental rates well below market value. As the new owner, you have the potential to renovate and modernize the units, increasing their desirability and allowing you to capture substantial rental income growth. With strategic upgrades, this property can generate impressive returns while attracting high-quality tenants.

First Time on the Market in 30+ Years

This property presents a rare opportunity to acquire a piece of real estate that hasn’t been available for purchase?in over 30 years! Passed down through generations, it is now ready for a new owner to take the reins and reposition it for the future.

Prime Beverly Grove Location

Located just 1.5 miles from Beverly Hills' renowned Golden Triangle, residents and investors alike can enjoy quick access to high-end shopping, dining, and luxury living. The area is also minutes away from the Los Angeles County Museum of Art (0.6 miles) and The Grove (1.2 miles), both cultural and retail hotspots that attract visitors year-round. Beverly Grove’s central location makes it ideal for those who want to be close to the action while enjoying a more relaxed, vibrant neighborhood.

Ample Parking in Rear with Option to Add ADU (Buyer to Verify)

The property includes rear parking that provides a unique opportunity for conversion into an accessory dwelling unit (ADU), offering additional rental income potential. This value-added aspect enhances the investment appeal. Buyer to verify feasibility of adding an ADU.