$4,850,000
1621 S Bedford St
1621 S Bedford St, Los Angeles, CA 90035, USA
Four Cash Flowing Units Built 2016 in Crestview
THE QUICK FACTS
BEDROOMS
14
BATHROOMS
6
LOT SIZE (SF)
6500
FLOORS
3
ABOUT
1621 S Bedford St
YEAR BUILT
2016
Take advantage of this prime cash-flowing investment opportunity--an elegant, modern multifamily residence in Crestview, adjacent to the bustling neighborhoods of Beverlywood and Pico-Robertson. This complex built in 2016 boasts a clean, sleek concrete finish facade with wood accents complemented by vibrant foliage and comprises three 4-bedroom townhome style units and one 2-bedroom accessory dwelling unit. Each unit including the ADU impressively boasts over 2,000 SF landing you at approximately 9,500 gross building square feet . One 4-bedroom unit is currently tenant-occupied grossing $6,000/mo and presents great upside while the remaining 3 units are optimized for short term rental. Combined, the short term rentals gross $20,500 to $24,500 per month. Crestview is truly one of LA’s hidden gems. Nestled amidst the city’s hustle and bustle, it offers a unique blend of charming residential streets and burgeoning commercial pockets. The mix of long-time residents and newer transplants creates a vibrant community spirit. Think tree-lined avenues, close-knit neighbors, and accessibility to LA’s main attractions. For an investor, a stabilized income property in a community like Crestview is like striking gold.
Property Location
1621 S Bedford St, Los Angeles, CA 90035, USA
Contact Agent
Yohann Bensimon
310-923-1550