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2731 BEVERLY, Los Angeles, CA 90057 (MLS # 18330006)

Price $9,600,000
Status Active
Beds 0
Baths 0 bath
Home size 24,795 sq ft
Lot Size 6,826 sqft
Days on Market 200
Gorgeous prominent 4 story property in the area is referred to as "Rampart Village" and is quickly becoming the new Echo Park and Silverlake. This property has undergone major renovations including new copper plumbing, new waste lines, updated electrical system, restored lobby and common areas, updated windows, and many renovated units.The units are large bachelors with full bathrooms and small kitchenettes. These units are bright and have city views. The units rent like hotcakes.This is the perfect "VALUE ADD" deal as all the heavy lifting is done. As the units vacate a new owner will realize a substantial cash flow surge as the rents are 40% under value. Out of the 65 units - 35 units have been renovated!
Property Type(s): Residential Income
Last Updated 7/20/2018 Year Built 1927
Community 671 - Silver Lake County Los Angeles

Price History

Prior to Jul 20, '18 $9,899,000
Jul 20, '18 - Today $9,600,000

Additional Details

AIR Heat Pump
AIR CONDITIONING Yes
AMENITIES Other
APPLIANCES Refrigerator
AREA 671 - Silver Lake
GARAGE Street
LOT 6827 sq ft
STORIES 1
ZONING LAC2

Location

 

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Listing provided by : Alex Galuz CalDRE:01291486, Crescent Real Estate Corporati

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 10/21/18 10:17 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

This IDX solution is (c) Diverse Solutions 2018.

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