9741 W Pico Boulevard Los Angeles, CA $ 6,250,000
9741 W Pico Boulevard
$ 6,250,000
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9741 W Pico Boulevard

Los Angeles, CA, 90035
$ 6,250,000
Bedrooms20 Baths20.0 Sq 13,124

Monthly Estimate*

$ 43,658

Listed by Marcus & Millichap
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9741 W Pico Boulevard, Los Angeles, CA 90035 - Image 12

Multi-Family Home for sale in Los Angeles, CA

for $6,250,000 with 20 bedrooms and 20 full baths. This 13,124 square foot home was built in 1953 on a lot size of 0.2789.

This is part of "The Six Building Trophy Portfolio" Properties can be sold individually or as a Portfolio. We are pleased to present the exclusive listing of a twenty (20) unit apartment building located at 9741-9751 West Pico Boulevard in West Los Angeles, California. The subject property is situated in a prime Beverlywood location and in close proximity to Century City. The property is located just down the street from Hilcrest Country Club and occupies the entire block of Pico boulevard frontage between Daniels Drive and Castello Avenue. just West of Beverwil Drive and just south of Roxbury Park.Constructed in 1953, the Subject Property has been well maintained by the same ownership for over five decades. The building features a streamlined unit mix surrounding garden courtyard consisting of twenty (20) 1 bed/1 bath units. Each unit features a dishwasher, microwave, stove, and refrigerator as well as the luxury of on-site laundry. The total size of the building is approximately 12,143 square feet and sits on a 13,124 square foot lot (Zoned C4.)The offering is in Beverlywood, which is a trendy neighborhood within the West Side of Los Angeles. The area is known for its diverse culinary scene, historic LA attractions, and upscale shopping options. Major attractions such as Westfield Century City Mall, South Beverly Drive, Rodeo Drive, Fox Studios, Roxbury Park, and Rancho Park are all in close proximity of the property. With a Walk Score of 88, most of the tenants' errands can be handled within close proximity. Commuters will appreciate this property's central location in West Los Angeles which provides easy access to major arterial thoroughfares like the 10 and 405 freeways. An experienced investor, looking to capitalize on an A+ location with excellent rental upside, will find plenty of opportunity at the West Pico Boulevard Apartments.

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Multi-Family Active

Price

$ 6,250,000

Bedrooms

20

Full Bath

20

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2789

Year Built

1953

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

23334897

Days on Market

156

Features
General
Heating NaturalGas
Cooling WallWindowUnits
Appliances Dishwasher Microwave Refrigerator
Zoning LAC4
Year Built 1953
Stories 2
Levels Two
Gross Income 406848.0
County Los Angeles
Net Operating Income 222084.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions West of Beverwil Drive and south of Roxbury Park
City Los Angeles
View Y/N N
Senior Community Y/N N
Open Parking Spaces 11.0
Total Units 20
MLS Area C09 - Beverlywood Vicinity
Lot Size Square Feet 12147.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Pico
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 102
Standard Status Active
Cap Rate 3.55
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Exterior
Parking Features Assigned
Total Parking 11.0
Lot Size Area 12147.0
Number of Buildings 1
Spa N
Building Area Total 13124.0
Lot Size Acres 0.2789
Lot Size Units SquareFeet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 0
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Boulevard
Total Bedrooms 20
Electric On Property Y/N N
Total Baths 20
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Internal Only
Street Number 1 9741
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* Excluded Features
List By
Marcus & Millichap

Broker

(818) 212-2707

Phone

Affordability Calculator

$43,658
Per Month
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Monthly Principal & Interest
$43,658
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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
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/18/2024$6,215,000 -4.31% Price Down
11/28/2023$6,495,000 Listed Price

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9741 W Pico Boulevard, Los Angeles, CA, 90035 is a Multi-Family Home for sale at $6,250,000 with 13,124 sqft and a lot size of 0.2789. 9741 W Pico Boulevard has 20 bedrooms, 20.0 baths, and was built in 1953. The property's zip code is 90035 which is in Los Angeles, CA