Created date: November 27, 2023
Date last updated: November 27, 2023
- Prime Westwood Location
- Corner Lot Property with Views
- Large Sundeck
- Huge Rental Upside Potential (Over 55%)
- Six Parking Spaces
- Detached One Bedroom with Bonus Room & One Bath Single Family Home
- Close Proximity to Westfield Century City Mall
- Great Unit Mix
- Larger Units Averaging about 900 Sqft
- Well Maintained Under the Same Ownership for Over 50 Years
- Potential to Convert Extra Large Laundry Room and/or Parking to ADUs *Buyer to Verify
We are pleased to present the exclusive listing of a seven (7) unit apartment building located at 1556-1562 South Beverly Glen Boulevard in West Los Angeles, California. The subject property is situated in a prime location bordering Westwood and Century City, just North of Santa Monica Boulevard and South of Wilshire Boulevard.
Built in 1941, the South Beverly Glen Apartments have been well maintained by the same ownership for over the last 50 years. The building has a great unit mix consisting of four (4) 1 bed/1 bath units, two (2) 2 bed/1 bath units, and one (1) 1 bed/1 bath and bonus room, single family home. Each unit features hardwood & hardwood style floors, most with beautiful bay windows, spacious kitchens with quartz countertops, stainless steel appliances, refrigerator, stove, microwave, and dishwasher. Tenants also have the luxury of a shared on-site laundry. The total size of the building is approximately 6,104 square feet and sits on a 7,063 square foot lot, zoned LAR3..
The Subject Property is bordering Century City & Westwood. The area offers a unique blend of urban living and a vibrant community in a highly desirable rental pocket on the Westside. Tenants will enjoy having very close proximity to the Westfield Century City Mall, just on the other side of Santa Monica Blvd. This neighborhood offers high-end shopping, dining, and entertainment all stemming from the Westwood Village central hub. There are also well-maintained parks, green spaces, and LA Country Club nearby, providing opportunities for outdoor recreation. Commuters will appreciate this property’s central location in Century City/Westwood provides easy access to popular public transit options and major arterial thoroughfares like the 10 and 405 freeways..
An experienced investor looking to target rental upside in a highly- sought-after neighborhood will capitalize on strong opportunity in the South Beverly Glen Apartments.