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For SaleLuxury

$8,895,000

24,795 sqft$359/sqft670 days on market

2731 Beverly Boulevard

Los Angeles, CA 90057

· 8% down, 7% APR, 30yr fixed

66

Beds

66

Baths

24,795

Square feet

1927

Built

Listing narrative

Description

Huge Price Reduction . Only $135k per unit for fully renovated , gorgeous architecturally prominent 4 story building in the area referred to as "Rampart Village" that is quickly becoming the new Echo Park and Silverlake and minutes from Downtown LA. This property has undergone major renovations including new roof, new copper plumbing, new waste lines, updated electrical system, restored lobby and all common areas, updated windows, and thoughtfully renovated units. The units are large bachelors with full bathrooms and small kitchenettes. These units are bright with high ceilings and city views. Incredible lobby that welcomes the tenants . The units rent like hotcakes. This is the perfect "CASH FLOW" deal as all the heavy lifting is done. On site and off site management makes this an easy asset to handle. 65 units plus one large ground floor retail/ office/ live work space.

Listing agent (MLS): Alex Galuz · Listing brokerage (MLS): Keller Williams Studio City

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$8,895,000

Beds

66 bd

Type

House

Home Size

24,795 sqft

Baths

66

Lot Size

0.16 acres

Year

1927

Status

For Sale

Days on Market

670

$ / Sqft

$359

· 8% down, 7% APR, 30yr fixed
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Courtesy of Keller Williams Studio City