65-Unit Apartment Building with
For Sale
$8,895,000
2731 Beverly Blvd, Los Angeles, CA 90057
Residential Income, Architectural, Los Angeles, CA
Property Size24,795 SF
Lot Size0.16 Acres
Price / SF$358.74
Days on Market644
Property Features for 2731 Beverly Blvd
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
LAC2
Bedrooms
66
Bathrooms
66
Full bathrooms
3
Rooms
Bedroom 39, Bedroom 1, Bedroom 6, Bedroom 3, Bedroom 51, Bathroom 4, Bedroom 18, Bathroom 62, Bedroom 14, Bathroom 30, Bedroom 57, Bathroom 7, Bedroom 26, Bedroom 45, Bedroom 63, Bathroom 25, Bathroom 1, Bathroom 31, Bedroom 15, Bathroom 15, Bathroom 21, Bathroom 27, Bathroom 6, Bedroom 56, Bedroom 7, Bathroom 48, Bathroom 37, Bathroom 22, Bathroom 58, Bathroom 38, Bathroom 65, Bedroom 54, Bedroom 53, Bedroom 38, Bedroom 37, Bedroom 5, Bathroom 47, Bathroom 54, Bedroom 24, Bedroom 23, Bathroom 53, Bathroom 56, Bedroom 35, Bathroom 18, Bathroom 50, Bedroom 12, Bedroom 31, Bathroom 20, Bathroom 66, Bathroom 35, Bedroom 42, Bedroom 52, Bedroom 2, Bathroom 41, Bedroom 50, Bathroom 44, Bathroom 60, Bathroom 24, Bedroom 33, Bathroom 43, Bedroom 36, Bedroom 30, Bathroom 12, Bathroom 32, Bathroom 64, Bathroom 42, Bathroom 34, Bedroom 64, Bathroom 29, Bathroom 63, Bedroom 8, Bedroom 32, Bedroom 49, Bathroom 45, Bedroom 17, Bedroom 34, Bathroom 61, Bedroom 58, Bathroom 26, Bedroom 27, Bathroom 16, Bathroom 3, Bathroom 2, Bathroom 9, Bedroom 29, Bedroom 25, Bathroom 49, Bedroom 40, Bedroom 4, Bathroom 13, Bathroom 33, Bedroom 48, Bedroom 19, Bathroom 10, Bedroom 28, Bedroom 43, Bedroom 20, Bedroom 10, Bedroom 61, Bathroom 57, Bedroom 22, Bedroom 65, Bathroom 39, Bathroom 5, Bathroom 28, Bathroom 40, Bathroom 19, Bedroom 55, Bedroom 44, Bedroom 41, Bathroom 23, Bathroom 8, Bathroom 17, Bedroom 60, Bathroom 14, Bedroom 66, Bathroom 11, Bedroom 9, Bedroom 13, Bedroom 59, Bathroom 46, Bedroom 21, Bedroom 16, Bedroom 62, Bedroom 47, Bathroom 51, Bedroom 11, Bathroom 52, Bathroom 59, Bathroom 36, Bathroom 55, Bedroom 46
View
City
Directions
Beverly Blvd just west of Virgil
Subdivision
Silver Lake - Echo Park
Standard status
Active
APN
5156-020-018
Size
24,795 SF
Lot size
0.16 Acres
Utilities
Heating system
Heat Pump (Heating)
Cooling system
Wall/Window Unit(s), Heat Pump
Building Details
Year built
1927
Floors in Building
4
Number of units
66
Flooring type
Hardwood
Architectural style
Other
Listing Agency:
Keller Williams Studio City · Keller Williams Realty
(818) 432-1500
Listed By:
Alex Galuz · License #01291486
(310) 466-0888
Added: Jan 7, 2025
Changed: Oct 12
Last Checked: Oct 13 at 9:06AM
MLS# 25-478225
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
At 2731 Beverly Blvd, this 24,795-square-foot apartment property has 65 bachelor units, each with a full bathroom and kitchenette, plus a large ground-floor retail, office, or live-work space. The four-story building, constructed in 1927, sits on 0.1568 acres and is zoned LAC2. Unit features include hardwood flooring, high ceilings, and city views.
Renovations include a new roof, copper plumbing, replacement waste lines, updated electrical service and windows, and improvements to the units. The lobby and shared areas have also been restored. Heating and cooling are provided by heat pumps, with wall/window cooling units also listed.
The property is on Beverly Blvd in Los Angeles, within the area identified as Rampart Village. On-site and off-site management are in place.
Renovations include a new roof, copper plumbing, replacement waste lines, updated electrical service and windows, and improvements to the units. The lobby and shared areas have also been restored. Heating and cooling are provided by heat pumps, with wall/window cooling units also listed.
The property is on Beverly Blvd in Los Angeles, within the area identified as Rampart Village. On-site and off-site management are in place.
Key Highlights
- 65 apartment units plus a large ground‑floor retail, office, or live‑work space
- 24,795 square feet on 0.1568 acres; zoned LAC2
- Four‑story building constructed in 1927
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$502,099
Cap Rate
5.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,041,980
$10.0M
Cap Rate 7%
$7,172,843
$7.2M
Cap Rate 9%
$5,578,878
$5.6M
Market Conditions
NOI Build-Up for 24,795 SF
Gross rent
$892.6K $36.00/SF
− Vacancy
−$89.3K −$3.60/SF
EGI
$803.4K $32.40/SF
− OpEx
−$301.3K −$12.15/SF
NOI
$502.1K $20.25/SF
Area
Los Angeles, CA
Vacancy
10.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,041,980
Cap Rate 7%
$7,172,843
Cap Rate 9%
$5,578,878
Alternative Uses
Best Use
Apartment 5plus
$438.36M
$383.56M – $511.42M
NOI $30,685,153 @ 7.0% cap · market cap 344.97%
Second Best
Mixed Use
$7.17M
$6.28M – $8.37M
NOI $502,099 @ 7.0% cap · market cap 5.64%
Theoretical Best
Multifamily LT 5
$502.33M
$439.54M – $586.05M
NOI $35,163,227 @ 7.0% cap · market cap 395.31%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
65
Residential units
Location Intelligence
Trade Area within ½ mile
3,323
Businesses Nearby
Explore this area
Business Placement
Demographics for 90057, CA
45,510
Population
17,912
Households
2.5
Avg Household Size
35
Median Age
23%
College-Educated
58%
High-School Grad
0.9 sq mi
ZIP Area
50,567
Density / Sq Mi
$44,876
Median Household Income
$30,849
Median Earnings
$1,395
Median Rent
$694,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - The property combines renovated bachelor units with a ground-floor space suited to retail, office, or live-work use.
Where is this apartment building located?
The property is located at 2731 Beverly Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $8,895,000.
What are key features of this property?
This property features: 65 apartment units plus a large ground‑floor retail, office, or live‑work space; 24,795 square feet on 0.1568 acres; zoned LAC2; Four‑story building constructed in 1927
