Los Angeles, CA 90035,1036 S Bedford ST

$2,218,052

Est. payment /mo

$2,095,000

5.9%
Est.Price: ?

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1036 S Bedford ST Los Angeles, CA 90035

9 Beds

8 Baths

5,861 SqFt

SOLD DATE : 04/10/2025

Key Details

Sold Price $2,218,052

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,861 sqft

Price per Sqft $378

MLS Listing ID 25505555

Sold Date 04/10/25

Bedrooms 9

HOA Y/N No

Year Built 1960

Lot Size 6,094 Sqft

Property Description

Introducing a rare opportunity to own a well-managed 5-unit multifamily property in the highly desirable Pico-Robertson neighborhood. This prime property offers an exceptional investment opportunity with significant value-add potential, as rents are 23% below market. Situated on a charming tree-lined street, the building features large, well-maintained units, including (1) three-bedroom, (2) two-bedroom, and (2) one-bedroom apartments. The three-bedroom unit boasts an expansive private patio, making it ideal for an owner-occupier. Recent upgrades include a brand-new roof (2023), earthquake retrofit (2019), and updated electrical and plumbing as needed. Additional highlights include 9 parking spaces, an on-site laundry facility, and individually metered gas and electric utilities, enhancing Tenant convenience and operational efficiency. Located in a highly walkable location, just minutes from top-tier restaurants, retail, parks and amenities, this property is a rare gem for investors and possible owner-occupiers. With strong long-term appreciation potential and immediate income upside, this is an opportunity not to be missed!

Location

State CA

County Los Angeles

Area C19 - Beverly Center-Miracle Mile

Zoning LAR3

Interior

Heating Forced Air

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Dishwasher, Microwave, Refrigerator, Dryer, Washer

Exterior

Parking Features Assigned, Covered, Carport, Uncovered

Total Parking Spaces 9

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4332021011

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Trevor Bergher • Westside Estate Agency Inc.
Bought with Roya Souferzadeh • Landmark Realtors, Inc.
agent

Jim Holder

REALTOR® | License ID: 02046378 (James Holder)

+1(949) 933-4673

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