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    1933 S Bedford Street

    Los Angeles, CA 90034
    • $6,299,000
    • STATUS: CONTINGENT
    • ON SITE: 58 days
    • ID#: 302970854
    Under Contract
    UPDATED: 69 min ago
    $6,299,000
    • 8
      BEDS
    • 0.29
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Right in the middle of the booming Downtown Culver City and Pico-Robertson, 1933 S. Bedford is an ideal 16-unit asset with "A" location. Located in one of the LA's strongest rental markets, this is an ideal pickup for any exchange buyer or investor looking to own a unique asset with tons of upside. The Bedford St. Asset offers an ideal unit mix comprised of (2) 3-Bd/2-Ba, (10)2-Bd/2-Ba, (2) 2-Bd/1-Ba, (2) 1-Bd/1-Ba units. Three of the 2-Bed/2-Ba units will be delivered ready for market rents. All units ar Right in the middle of the booming Downtown Culver City and Pico-Robertson, 1933 S. Bedford is an ideal 16-unit asset with "A" location. Located in one of the LA's strongest rental markets, this is an ideal pickup for any exchange buyer or investor looking to own a unique asset with tons of upside. The Bedford St. Asset offers an ideal unit mix comprised of (2) 3-Bd/2-Ba, (10)2-Bd/2-Ba, (2) 2-Bd/1-Ba, (2) 1-Bd/1-Ba units. Three of the 2-Bed/2-Ba units will be delivered ready for market rents. All units are in great condition, and feature Hardwood flooring, Quartz Countertops, Dishwashers, A/C, new paint, and spacious master bathrooms. Units also come with their own private balconies. There is ample parking for all tenants, and the retrofitting has already been completed by the current owner. A massive property, Bedford St. comes with a beautiful courtyard and lobby. With proforma rents in place, the property will operate just under a 6% Cap and above a 12 GRM. Only minutes away from Millions of $ in development, this beautiful 16-unit is an ideal pickup for any exchange buyer or investor looking to own in one of Los Angeles's top rental markets.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.solisteamrealty.com/homes/112189989
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    1933 S Bedford Street Los Angeles, CA 90034

    • Price: $6,299,000
    • Status: CONTINGENT
    • Updated: 69 min ago
    • ID#: 302970854
    8
    Beds
    0
    Baths
    0
    ½ Baths
    0.29
    Acres
    Neighborhood:
    Los Angeles (90034)
    County:
    Los Angeles
    Area:
    Los Angeles (90034)
    Property Description
    Right in the middle of the booming Downtown Culver City and Pico-Robertson, 1933 S. Bedford is an ideal 16-unit asset with "A" location. Located in one of the LA's strongest rental markets, this is an ideal pickup for any exchange buyer or investor looking to own a unique asset with tons of upside. The Bedford St. Asset offers an ideal unit mix comprised of (2) 3-Bd/2-Ba, (10)2-Bd/2-Ba, (2) 2-Bd/1-Ba, (2) 1-Bd/1-Ba units. Three of the 2-Bed/2-Ba units will be delivered ready for market rents. All units ar Right in the middle of the booming Downtown Culver City and Pico-Robertson, 1933 S. Bedford is an ideal 16-unit asset with "A" location. Located in one of the LA's strongest rental markets, this is an ideal pickup for any exchange buyer or investor looking to own a unique asset with tons of upside. The Bedford St. Asset offers an ideal unit mix comprised of (2) 3-Bd/2-Ba, (10)2-Bd/2-Ba, (2) 2-Bd/1-Ba, (2) 1-Bd/1-Ba units. Three of the 2-Bed/2-Ba units will be delivered ready for market rents. All units are in great condition, and feature Hardwood flooring, Quartz Countertops, Dishwashers, A/C, new paint, and spacious master bathrooms. Units also come with their own private balconies. There is ample parking for all tenants, and the retrofitting has already been completed by the current owner. A massive property, Bedford St. comes with a beautiful courtyard and lobby. With proforma rents in place, the property will operate just under a 6% Cap and above a 12 GRM. Only minutes away from Millions of $ in development, this beautiful 16-unit is an ideal pickup for any exchange buyer or investor looking to own in one of Los Angeles's top rental markets.
    Exterior Features

    Pool N/K Site CurbsSidewalks

    Interior Features

    Heat Equipment Radiant Stories 3 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 2 Total Baths Unit4 2

    Property Features

    Actual Cap Rate 3.9 Annual Expense Actual 142278 Buildings 1 Gross Rent Multiplier Actual 15.76 Gross Scheduled Income Actual 399624 Terms Conventional Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 1600.0 Unit2 Rent Actual 1850.0 Unit3 Rent Actual 1992.0 Unit4 Rent Actual 2575.0 Zoning Assessor

    Listing provided courtesy of Lyon Stahl Investment Real Estate, Inc.. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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