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Property profile & analytics
OFF-MARKET
Residential income homes

1835 Beloit Ave Los Angeles, CA 90025

Built 1959
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Residential income homes
Year built 1959
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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