About 1142 S Bedford St
1142 South Bedford Street offers a rare opportunity for investors seeking a 5% CAP rate on a 6 unit investment property just 3 blocks from Beverly Hills, in the prime Pico-Robertson area of Beverlywood. Unit mix consists of four (4) 1 bedroom / 1 bathroom units along with two (2) 2 bedroom / 1 bathroom units. Built in 1955, each unit features a spacious living area, hardwood floors, one or two bedrooms, and a full bathroom. All six units are currently leased at below market rents, providing a steady stream of income with huge upside for the new owner. The property also includes a shared laundry room and a detached 4-car carport with ADU potential. With a strong rental history, LAR3 zoning and prime location, this 6-unit building is an excellent investment opportunity that should not be missed. Please do not disturb tenants.
Features of 1142 S Bedford St
| MLS® # | 23-268253 |
|---|---|
| Price | $2,260,000 |
| Bedrooms | 8 |
| Bathrooms | 6.00 |
| Square Footage | 4,865 |
| Acres | 0.15 |
| Year Built | 1955 |
| Type | Residential Income |
| Sub-Type | Apartment Building |
| Status | Active |
Community Information
| Address | 1142 S Bedford St |
|---|---|
| Area | Beverly Center-Miracle Mile |
| City | LOS ANGELES |
| County | Los Angeles |
| State | CA |
| Zip Code | 90035 |
Amenities
| Parking Spaces | 6 |
|---|---|
| Garages | Carport |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Other |
|---|---|
| Cooling | Window Unit(s) |
| Fireplace | No |
| # of Stories | 2 |
| Has Basement | No |
Additional Information
| Date Listed | May 8th, 2023 |
|---|---|
| Days on Market | 366 |
| Zoning | LAR3 |
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Agent | David Yadegaran (02167855) |
|---|---|
| Office | Carolwood Estates |