Views
Address
2731 BEVERLY Los Angeles, CA
Price
$ 9,899,000
Property Attributes
  • MLS#18330006
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaSilver Lake
  • Zip90057
  • Style
  • Price$ 9,899,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage24795
  • Lot Size6,827 SqFt
Listing Provided Courtesy Of:
Alex Galuz with Crescent Realty Corp..
Property Description

Gorgeous prominent 4 story property in the heart of LA zoned as Hotel and being operated as residences.The property sits in the emerging Westlake District near Downtown LA. 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 - 30 units have been renovated!

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
4/5/2018 Listed $9,899,000

General Features

Association Amenities Other
Association Y/N 1
Co-listing Agent Hugh Terlinden - BRE#01926142
Colistagentfirstname Hugh
Colistagentlastname Terlinden
Colistagentstatelicense 01926142
Listagentstatelicense 01291486
Listing Agent Alex Galuz - BRE#01291486
MLS Area 671 - Silver Lake
Price Per Square Foot 399.23
Special Listing Conditions Standard
Total Units 65
Zoning LAC2

Interior Features

Air Conditioning Y/N 1
Appliances Refrigerator
Appliances Y/N 1
Cooling Heat Pump
Total Stories 1

Exterior Features

Building Area Total 24795.00
Lot Size Source Assessor
Lot Size Square Feet 6827.00
Lotsizeunits Square Feet
Number of Buildings 1
Parking Features Street
Parking Y/N 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90057

Price
AVG $2.55M
$9.9M
Visits
AVG 18
135
Year Built
AVG 1926
1927
Walkscore
AVG 87
83