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    1835 Beloit Ave Los Angeles, CA 90025

    Sponsored
    For Sale
    $3,500,000

    7-Unit Building, Vacant, Motivated Seller

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional Los Angeles investment opportunity presents a 7-unit multifamily property, currently vacant, situated on a 6,975 sq ft lot. The property comprises two buildings, a single-family residence and a six-unit apartment building, totaling 4,671 net rentable square feet. Built in 1959 and renovated in 2010, this Class B property offers significant value-add potential. The property is located at 1835 Beloit Ave, Los Angeles, CA 90025, in the desirable Tucker-Langdon Tract. Individual gas and electric meters are in place for each unit. The existing single-family residence offers the potential for conversion into additional rental units, increasing the overall return on investment. The property is being offered at $3,500,000. All information should be verified by the buyer. This is a rare opportunity to acquire a vacant multifamily property in a prime Los Angeles location with substantial upside potential. The property's two-story configuration and existing infrastructure provide a solid foundation for a successful value-add strategy. The current vacancy allows for immediate implementation of renovations and rent increases, maximizing profitability. This property is being sold as-is.

    Property Features for 1835 Beloit Ave

    General Information

    Property type
    Multifamily properties
    Class
    B

    Building Details

    Year Built/Renovated
    1959/2010
    Buildings
    2
    Stories
    2
    Units
    7

    HighLights

    • 7‑unit multifamily property in Los Angeles, currently vacant.
    • Located on a 6,975 sq ft lot at 1835 Beloit Ave, Los Angeles, CA 90025, in the Tucker‑Langdon Tract.
    • 4,671 net rentable square feet; two buildings (one single‑family, one six‑unit apartment building).
    • Built in 1959, renovated in 2010 (Class B); significant value‑add potential.
    • Individual gas and electric meters; single‑family residence convertible to additional units.
    • Offered at $3,500,000; sold as‑is.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income homes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.4448282
    Latitude
    34.043471

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    FAQs

    What type of property is this?
    Multifamily property - 7-Unit Building, Vacant, Motivated Seller
    Where is this multifamily property located?
    The property is located at 1835 Beloit Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: 7-unit multifamily property in Los Angeles, currently vacant.; Located on a 6,975 sq ft lot at 1835 Beloit Ave, Los Angeles, CA 90025, in the Tucker-Langdon Tract.; 4,671 net rentable square feet; two buildings (one single-family, one six-unit apartment building).
    Request Owner's contact information
    1835 Beloit Ave Los Angeles, CA 90025
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    Los Angeles, CA 90025
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1835 Beloit Ave Los Angeles, CA 90025
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