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1690 West Boulevard

Los Angeles CA 90019

8
4
3696 sq. ft.
4936 sq. ft.
Other
Currently for sale - view listing

Overview

We are pleased to present 1690 West Blvd, a 4-unit property adjacent to the historic Lafayette Square neighborhood of Mid-City Los Angeles, delivered with 3 VACANT UNITS! At market rents, the building is projected to operate at a 6.2% CAP rate and 10.79 GRM. The property offers a desirable unit mix of four spacious 2-bedroom, 1-bathroom units of approximately 924 sq ft each, totaling 3,964 rentable square feet on a 5000 sq ft lot. On site laundry room. Upgrades include new hvac, new main electrical panel, and new sub electrical panels. With three units delivered vacant, this is a rare opportunity for an owner-user to live in one unit and rent out the others, or for an investor to capture immediate upside by leasing at market rents. Located in the heart of Mid-City, the property has excellent connectivity to Culver City, the Helms Bakery District, Cumulus, Miracle Mile, The Grove, West Hollywood, Beverly Hills, Century City, the Westside, and Downtown Los Angeles, including the Arts District. Major nearby employers such as Apple, Amazon MGM Studios, Sony Pictures, and HBO support strong, durable rental demand. Residents also have convenient access to grocery stores, gyms, coffee shops, restaurants, retail, and entertainment. Contact the listing broker for additional information.

Features

8 bedrooms
4 bathrooms
3696 sq. ft. floor area
4936 sq. ft. lot size
Other

Happy sellers in Los Angeles

<50%
Less than 50% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.

Los Angeles stands out as a desirable community for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Los Angeles over the last 12 months.

Local market activity for 8 bedroom other properties in Los Angeles

In the last 12 months, 6 eight-bedroom other properties similar to 1690 West Boulevard, have been sold.

This represents a 15% increase in eight-bedroom other properties sales when compared to the previous 12 months.

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