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1635 S Beverly Glen Blvd

Los Angeles, CA 90024
  • $4,775,000
  • STATUS: Active Under Contract
  • ON SITE: 25 Days
  • MLS #: 21-787756
Under Contract
$4,775,000
  • 18
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,123
    SQFT
  • $588
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1950
County:

School Ratings & Info

Description

1635 S. Beverly Glen Boulevard, a 7-unit turnkey property located in the heart of the prestigious Century City neighborhood. Residing less than 0.5 miles from Westfield Century City, this modern gem is conveniently located near several high-performing schools, trendsetting restaurants and a wide selection of recreational activities. Additionally, its unmatched location resides two blocks from the METRO Purple Line stop at Constellation Boulevard (which affords residents the ability to travel from Westwood to DTLA in 25 minutes, est. completion by 2027). 1635 S. Beverly Glen features (6) 3-bdrm. and 2-bath units (averaging approx. 1,300 SF) and (1) studio unit that will be delivered vacant upon COE. Please note, current ownership has achieved 100% rent collection throughout the COVID-19 pandemic. A majority of the units have been meticulously upgraded with no expenses spared. These renovated modern units feature hardwood floors, stainless-steel appliances, granite countertops, custom cabinets, central A/C and in-unit washer/dryer. Additional property amenities include approx. 10 parking spaces (5 garage spaces and 5 open spaces) and an outdoor communal area. Featuring meticulously renovated modern units and an unmatched West LA location , 1635 S. Beverly Glen allows investors to acquire a luxurious turnkey income property in one of LA's most prestigious neighborhoods.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-19T23:42:36.453. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.jelmbergteam.com/homes/121774376
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1635 S Beverly Glen Blvd Los Angeles, CA 90024

  • Price: $4,775,000
  • Status: Active Under Contract
  • MLS #: 21-787756
18
Beds
0
Baths
0
½ Baths
0.16
Acres
8,123
SQFT
$588
$/SQFT
1950
Built
Neighborhood:
Westwood - Century City
County:
Los Angeles
Area:
Westwood - Century City
Property Description
1635 S. Beverly Glen Boulevard, a 7-unit turnkey property located in the heart of the prestigious Century City neighborhood. Residing less than 0.5 miles from Westfield Century City, this modern gem is conveniently located near several high-performing schools, trendsetting restaurants and a wide selection of recreational activities. Additionally, its unmatched location resides two blocks from the METRO Purple Line stop at Constellation Boulevard (which affords residents the ability to travel from Westwood to DTLA in 25 minutes, est. completion by 2027). 1635 S. Beverly Glen features (6) 3-bdrm. and 2-bath units (averaging approx. 1,300 SF) and (1) studio unit that will be delivered vacant upon COE. Please note, current ownership has achieved 100% rent collection throughout the COVID-19 pandemic. A majority of the units have been meticulously upgraded with no expenses spared. These renovated modern units feature hardwood floors, stainless-steel appliances, granite countertops, custom cabinets, central A/C and in-unit washer/dryer. Additional property amenities include approx. 10 parking spaces (5 garage spaces and 5 open spaces) and an outdoor communal area. Featuring meticulously renovated modern units and an unmatched West LA location , 1635 S. Beverly Glen allows investors to acquire a luxurious turnkey income property in one of LA's most prestigious neighborhoods.
Exterior Features

Cross Streets S. Beverly Glen Blvd. & Eastborne Ave. Lot Size Area 6760 Other Structures None Parking Garage GarageUncovered Total Parking 10

Interior Features

Baths Total 13.00 Common Walls Attached Cooling Central Equipment Built-InsCableCeiling FanDishwasherDryerRange/OvenWasherFreezerRefrigerator Fireplace Rooms Living Room Flooring TileHardwood Heating Central Kitchen Features Granite CountersRemodeled Laundry In Unit

Property Features

Gross Income 282751 Gross Operating Income 274268 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 178823.00 Number Of Buildings 1 Number Of Units 7 Property Condition Updated/Remodeled Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Other Source Lot Size Dimensions Vendor Enhanced Total Annual Expense 95446 Type Of Units Apartments Year Built Source Vendor Enhanced Zoning Lar3

Listing provided courtesy of Kenny Stevens DRE#01090251 of Compass.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-19T23:42:36.453. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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