1142 S Bedford Street Los Angeles, CA ^$ 2,260,000

1142 S Bedford Street

^$ 2,260,000

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1142 S Bedford Street

Los Angeles, CA, 90035

^$ 2,260,000

Bedrooms8 Baths6.0 Sq 4,865

Monthly Estimate*

^$ 15,787

Listed by Carolwood Estates

1142 S Bedford Street, Los Angeles, CA 90035 - Image 1

1142 S Bedford Street, Los Angeles, CA 90035 - Image 2

1142 S Bedford Street, Los Angeles, CA 90035 - Image 3

1142 S Bedford Street, Los Angeles, CA 90035 - Image 4

1142 S Bedford Street, Los Angeles, CA 90035 - Image 5

1142 S Bedford Street, Los Angeles, CA 90035 - Image 6

1142 S Bedford Street, Los Angeles, CA 90035 - Image 7

Multi-Family Home for sale in Los Angeles, CA

for $2,260,000 with 8 bedrooms and 6 full baths. This 4,865 square foot home was built in 1955 on a lot size of 0.1455.

1142 South Bedford Street offers a rare opportunity for investors seeking a 5% CAP rate on a 6 unit investment property just 3 blocks from Beverly Hills, in the prime Pico-Robertson area of Beverlywood. Unit mix consists of four (4) 1 bedroom / 1 bathroom units along with two (2) 2 bedroom / 1 bathroom units. Built in 1955, each unit features a spacious living area, hardwood floors, one or two bedrooms, and a full bathroom. All six units are currently leased at below market rents, providing a steady stream of income with huge upside for the new owner. The property also includes a shared laundry room and a detached 4-car carport with ADU potential. With a strong rental history, LAR3 zoning and prime location, this 6-unit building is an excellent investment opportunity that should not be missed. Please do not disturb tenants.

Multi-Family Active

Price

^$ 2,260,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1455

Year Built

1955

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

23268253

Days on Market

377

Features

General

Zoning LAR3

Year Built 1955

Levels MultiSplit

Gross Income 153600.0

County Los Angeles

Net Operating Income 113317.0

Insurance Expense 2675.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions North of Pico

City Los Angeles

View Y/N N

Senior Community Y/N N

Open Parking Spaces 2.0

Total Units 6

MLS Area C19 - Beverly Center-Miracle Mile

Lot Size Square Feet 6337.0

Private Pool N

Waterfront Y/N N

Carport Y/N Y

Street Name Bedford

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Trash Expense 2400.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 182

Standard Status Active

Taxes 27120.0

Cap Rate 5.0

Exterior

Parking Features Carport

Total Parking 6.0

Lot Size Area 6337.0

Number of Buildings 1

Spa N

Building Area Total 4865.0

Lot Size Acres 0.1455

Lot Size Units SquareFeet

Lot Size Source Other

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Street

Total Bedrooms 8

Electric On Property Y/N N

Total Baths 6

Internal Only

Street Number 1 1142

* Excluded Features

List By

Carolwood Estates

Broker

(310) 488-2322

Phone

Affordability Calculator

$15,787

Per Month

Monthly Principal & Interest: $15,787
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,979,653

Percent of Sale Price 12%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
5/9/2023	$2,260,000		Listed Price

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1142 S Bedford Street, Los Angeles, CA, 90035 is a Multi-Family Home for sale at $2,260,000 with 4,865 sqft and a lot size of 0.1455. 1142 S Bedford Street has 8 bedrooms, 6.0 baths, and was built in 1955. The property's zip code is 90035 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/18/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1142 S Bedford Street

Multi-Family Home for sale in Los Angeles, CA

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