1556 Beverly Glen Boulevard, Los Angeles

$2,585,000

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4 Beds
3 Baths
6,104 Sqft
.16 Acre
0 Garage

This is part of "The Six Building Trophy Portfolio" Properties can be sold individually or as a Portfolio. We are pleased to present the exclusive listing of a seven (7) unit apartment building located at 1556-1562 South Beverly Glen Boulevard in West Los Angeles, California. The subject property is situated in a prime location bordering Westwood and Century City, just North of Santa Monica Boulevard and South of Wilshire Boulevard. Built in 1941, the South Beverly Glen Apartments have been well maintained by the same ownership for over the last 50 years. The building has a great unit mix consisting of four (4) 1 bed/1 bath units, two (2) 2 bed/1 bath units, and one (1) 1 bed/1 bath and bonus room, single family home. Each unit features hardwood & hardwood style floors, most with beautiful bay windows, spacious kitchens with quartz countertops, stainless steel appliances, refrigerator, stove, microwave, and dishwasher. Tenants also have the luxury of a shared on-site laundry. The total size of the building is approximately 6,104 square feet and sits on a 7,063 square foot lot, zoned LAR3.The Subject Property is bordering Century City & Westwood. The area offers a unique blend of urban living and a vibrant community in a highly desirable rental pocket on the Westside. Tenants will enjoy having very close proximity to the Westfield Century City Mall, just on the other side of Santa Monica Blvd. This neighborhood offers high-end shopping, dining, and entertainment all stemming from the Westwood Village central hub. There are also well-maintained parks, green spaces, and LA Country Club nearby, providing opportunities for outdoor recreation. Commuters will appreciate this property's central location in Century City/Westwood provides easy access to popular public transit options and major arterial thoroughfares like the 10 and 405 freeways. An experienced investor looking to target rental upside in a highly-sought-after neighborhood will capitalize on strong opportunity in the South Beverly Glen Apartments.

Essential Information

MLS® #
23334873
Price
$2,585,000
Bedrooms
4
Bathrooms
3.00
Square Footage
6,104
Acres
0.16
Year Built
1941
Type
Residential Income
Status
Active

Community Information

Address
1556 Beverly Glen Boulevard
Area
C05 - Westwood - Century City
City
Los Angeles
County
Los Angeles
Zip Code
90024
Senior Community
N

Amenities

Parking Spaces
6
Parking
Assigned
Garages
Assigned

Interior

Heating
Electric, Natural Gas
Cooling
Wall/Window Unit(s)
# of Stories
2
Stories
Two

Appliances

Dishwasher, Microwave, Refrigerator

Additional Information

Date Listed
November 27th, 2023
Days on Market
168
Zoning
LAR3

Listing Details

Agent
Eliyahu Appel
Office
Marcus & Millichap
Property History
Price Reduced from $2,715,000 to $2,585,000
Price Reduced from $2,995,000 to $2,715,000

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Based on information from California Regional Multiple Listing Service, Inc. as of May 13th, 2024 at 4:15am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.