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$ 2,300,000
Est. payment | /mo
7,181 SqFt
$ 2,300,000
Est. payment | /mo
7,181 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,181 sqft
Price per Sqft $320
MLS Listing ID CL25595113
HOA Y/N No
Year Built 1965
Lot Size 7,002 Sqft
Acres 0.16
Property Sub-Type Other
Property Description
Positioned in the heart of Sawtelle, 1849 Beloit is a value-add multifamily complex surrounded by one of LA's most vibrant dining and cultural corridors. Just steps from the neighborhood's renowned Japantown stretch, tenants enjoy walkable access to an endless roster of restaurants, cafes, and dessert bars that draw foot traffic from across the city. Beyond its dining and retail scene, the property sits at the center of a high-income tenant base, surrounded by financial, legal, entertainment, and medical offices that line the Wilshire Corridor, from Beverly Hills to Santa Monica. Located near Westfield Century City, San Vicente Blvd in Brentwood, downtown Santa Monica, and UCLA, the address checks every box for location-driven renters. Built in 1965, the building features (3) 2-bdrm/2-bath units, (5) 1-bdrm. units, and (1) studio unit. Its mid-century exterior facade provides vintage charm, while the layouts inside emphasize functionality. Units feature a private patio or balcony. Property amenities include 2 tandem parking spaces in the front, approx. 5 parking spaces in the rear, soft-story retrofit completion (buyer to verify), and a community laundry room. 1849 Beloit is currently offered at $255,556 per unit and $320 per foot, offering approx. 59% rental upside. The property
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Wall Furnace
Fireplace No
Exterior
View Y/N false
View None
Building
New Construction No
Others
Tax ID 4261020017
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Listed by Kenny Stevens • Compass
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Debbi DiMaggio Betta
REALTOR | Partner | Lic# 01047447