Situated in a highly sought-after West Los Angeles neighborhood, 1940 S Beverly Glen Blvd is a beautiful 8-unit apartment building that masterfully combines mid-century architecture with modern upgrades. Builtin 1954, this 6,200-square-foot property offers a well-balanced unit mix of four 1-bedroom, 1-bath units and four 2-bedroom, 1-bath units, catering to… Read More a diverse range of tenants. The building has undergone extensive renovations, ensuring that each residence provides a comfortable and stylish living experience. The apartments boast an array of premium finishes, including elegant hardwood flooring, sleek granite countertops, and state-of-the-art stainless steel appliances. Residents will appreciate the addition of dishwashers and air conditioning units, ensuring comfort and convenience year-round. New lighting fixtures throughout the units enhance the modern aesthetic, creating bright and inviting living spaces. Beyond its exceptional interiors, 1940 S Beverly Glen Blvd is ideally located to offer residents easy access to the best of West Los Angeles. The building is within close proximity to major employment centers, shopping districts, dining establishments, and recreational areas, making it an ideal choice for those seeking a vibrant urban lifestyle. The property's central location ensures that residents are never far from shopping, dining, and entertainment options, making it an ideal place to call home. For investors, 1940 S Beverly Glen Blvd presents a compelling opportunity. The building's mix of four1-bedroom, 1-bath units and four 2-bedroom, 1-bath units caters to a broad tenant base, enhancing occupancy rates and rental income potential. Additionally, the property's prime location in West Los Angeles positions it favorably for long-term appreciation. Investors can anticipate steady rental income and potential for property value growth, solidifying 1940 S Beverly Glen Blvd as a prudent investment choice. With its prime location, modern amenities, and well-maintained units, 1940 Beverly Glen Blvd presents a compelling opportunity for investors seeking a stable income-producing property in a desirable area. The building's mix of 1-bedroom and 2-bedroom units caters to a broad tenant base, enhancing occupancy rates and rental income potential. The building offers a unique blend of vintage charm and contemporary upgrades, making it a standout property in the West Los Angeles rental market. 1940 S Beverly Glen Blvd is available separately or as a package along with 1357-1361 S Beverly Glen Blvd ($3,425,000 7 units) and 1944 S Beverly Glen Blvd ($2,850,000 8 units). Read Less
Property listed by Remax Commercial and Investment Realty, Jonathan Taksa 213-817-1000
Listing Snapshot
Days Online
32
Last Updated
Property Type
Other
Beds
12
Square Ft.
6,200
Lot Size
0.13 Acres
Year Built
1954
MLS Number
25547987
30 Days Snapshot Of 90025
$1.36M
-2%
(avg) sold price
21
+16%
homes sold
65
+3%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dishwasher, Disposal, Microwave
Building
Built in 1954, Building area total: 6,200, Levels: One, Living area: 6200, 1 story, 1 building
Cooling
WallWindowUnits
Heating
WallFurnace
Income
Gross income: $221,547, Net operating income: $123,130
Lot
0.132 acres, 5,750 square feet, Size: 5,750
Parking
11 totals parking, AttachedCarport, Assigned
Property
Zoning: LAR3
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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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