1142 South Bedford Street
1142 South Bedford Street
$2,260,000
8
6
4,865
4,865
$465
Description
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...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.
- Listed by David Yadegaran • DRE #02167855 • Brokerage DRE #01013548 • Carolwood Estates
Property Details for 1142 South Bedford Street
Zoning
LAR3
Parcel Number4332022046
Total Units6.0
Living Area4865
Source Living AreaVendor Enhanced
AreaBeverly Center-Miracle Mile (C19)
Vacancy Rate0
Lot Size Area6337
Location
LISTING UPDATED: 11/06/2023 04:38 PM
Property Details for 1142 South Bedford Street
Status | Active |
---|---|
MLS # | 23-268253 |
Days on Market | 401 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1955 |
Lot Size | 0.15 AC / 6,337 SF |
County | Los Angeles County |
Location
Building Information for 1142 South Bedford Street
Stories2Residences-Year Built1955Building Size-Lot Size0.15 AC / 6,337 SF
Payment Calculator
$13,252 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1142 South Bedford Street
Property History for 1142 South Bedford Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1142 South Bedford Street
Taxable ValueLand$558,240Additions$273,534Total$831,774
Tax Record2023$11,021 ($918 / month)
Home Facts
Total Finished SqFt4,865 SqFtAbove Grade Finished SqFt4,865 SqFtLot Size6,380 SqFtStyleMulti-Family Res (5+ Units)Year Built1955ZoningLAR3CountyLOS ANGELESAPN4332-022-046
Schools near 1142 South Bedford Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Charter - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 6 to 12 |
Rating | School | Distance |
---|---|---|
Carthay Center Elementary PublicK to 5 | ||
Emerson Community Charter School Charter6 to 8 | ||
Fairfax Senior High School Public9 to 12 | ||
Los Angeles Center For Enriched Studies Public6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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