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Multifamily Property in Prime Location

1835 Beloit Ave, Los Angeles, CA 90025

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Multifamily property in prime location with value-add potential.

Type:Multifamily

HighLights

Delivered Vacant: Immediate occupancy and rental income potential.
Prime Location: Situated in the desirable Tucker‑Langdon Tract.
Income Potential: Main house plus 6 rental units in the rear.
Value‑Add Opportunity: Potential to convert main house into 2 units, increasing total to 9 units.
Individually Metered: Gas and electric meters are separate for each unit.
High Rental Market: Studios in the area renting for $2,500+ per month.

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Listing Contact

Andy Aguilar

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For Sale

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Multifamily property in prime location with value-add potential.

Type:Multifamily

Added:: Sep 1, 2024
Days on Market:: 652
Last Refresh:: May 12 at 9:59 pm

Property Features for 1835 Beloit Ave

General Information

Standard status: Active
Property subtype: Multifamily

Building Details

Year Built: 1959

We can help!

Listing Contact

Andy Aguilar

Listing agent Andy Aguilar License #CA 01909871

Listing office American Real Estate Experts

Listing date Sep 1, 2024

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of American Real Estate Experts

HighLights

Delivered Vacant: Immediate occupancy and rental income potential.
Prime Location: Situated in the desirable Tucker‑Langdon Tract.
Income Potential: Main house plus 6 rental units in the rear.
Value‑Add Opportunity: Potential to convert main house into 2 units, increasing total to 9 units.
Individually Metered: Gas and electric meters are separate for each unit.
High Rental Market: Studios in the area renting for $2,500+ per month.

Overview

Located in the Tucker-Langdon Tract, this property at 1835 - 1837 Beloit Ave in Los Angeles offers a multitude of uses. The property features a 3-bedroom, 2-bathroom main house and six units in the rear. An option for investors would be to split the main house into 2 units creating 9 total units on this property. Gas and electric meters are individually metered. Studios in the building next door are renting for $2,500 or more per month. The property will be delivered vacant.

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Apartment buildings

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Local Demand

City: Los Angeles
County: Los Angeles
State: California
Longitude: -118.44466
Latitude: 34.04346

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For sale
Apartment buildings
CA
Los Angeles
90025
1835 Beloit Ave

What type of property is this?

Apartment building - Multifamily property in prime location with value-add potential.

Where is this apartment building located?

The property is located at 1835 Beloit Ave Los Angeles, CA.

What is the asking price?

The asking price for this property is $2,999,000.

What are key features of this property?

This property features: Delivered Vacant: Immediate occupancy and rental income potential.; Prime Location: Situated in the desirable Tucker‑Langdon Tract.; Income Potential: Main house plus 6 rental units in the rear.