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1621 S Bedford St

LOS ANGELES, 90035
Four Cash Flowing Units Built 2016 in Crestview

4
UNITS
2 & 4 BR
UNITS
$4,850,000
PRICE
6,500 SF LAR2
LOT
9,500 SF
PROPERTY

FINANCIALS

SALES PRICE

PRICE PER SF

PROJECTED CAP RATE

PROJECTED GRM

PROJECTED GROSS RENTAL INCOME

$4,850,000

$510.53

4.4%

15.54

$312,000

Take advantage of this prime cash-flowing investment opportunity--an elegant, modern multifamily residence in Crestview, adjacent to the bustling neighborhoods of Beverlywood and Pico-Robertson. This complex built in 2016 boasts a clean, sleek concrete finish facade with wood accents complemented by vibrant foliage and comprises three 4-bedroom townhome style units and one 2-bedroom accessory dwelling unit. Each unit including the ADU impressively boasts over 2,000 SF landing you at approximately 9,500 gross building square feet  . One 4-bedroom unit is currently tenant-occupied grossing $6,000/mo and presents great upside while the remaining 3 units are optimized for short term rental. Combined, the short term rentals gross $20,500 to $24,500 per month. Crestview is truly one of LA’s hidden gems. Nestled amidst the city’s hustle and bustle, it offers a unique blend of charming residential streets and burgeoning commercial pockets. The mix of long-time residents and newer transplants creates a vibrant community spirit. Think tree-lined avenues, close-knit neighbors, and accessibility to LA’s main attractions. For an investor, a stabilized income property in a community like Crestview is like striking gold.

INTERIOR

YEAR BUILT

FLOORING

APPLIANCES




OTHER INTERIOR
FEATURES

2016

Laminate Wood Floors

Washer/Dryer, Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Range/Oven
Washer, Refrigerator


Juliet Balconies

EXTERIOR

STORIES

YARD

AIR CONDITIONING

PARKING


OUTDOOR SPACES

3

Manicured landscaping

Central Air & Heat


6 Spaces

Enclosed patios, Juliet Balconies

Griffith Observatory_edited.jpg

Contact Yohann about 
1621 S Bedford St!

310.923.1550 | yohann@ikonadvisors.com

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Yohann Bensimon | CALDRE #01966630

Interested in this property?

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