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Buy a propertyat 4711 Beverly Boulevard, Los Angeles, CA 90004

$4,875,000

$0/mo

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Multifamily

8,706 Sq. Ft.

7,003 Sq. Ft. lot

0 Bathrooms

330 Days on market

23278573 MLS ID

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About 4711 Beverly Boulevard property

The Diamond. Part of a 3 building portfolio, all in a row: 23 units at 4723-27 Beverly, 7 units at 4715-19 Beverly, 11 units at 4711-13 Beverly. A massive, recent facelift here at this 11 unit, now top-of-the-line, market-rent-demanding, turn-key building ideally located between Hancock Park and Melrose. Updated exterior facade and extensive, chic interior renovation to all units (washers & dryers installed) and an ADU conversion of the old on-site office. Additionally, a complete copper re-pipe and an electrical service upgrade to a 400-amp switchboard and replacement of all subpanels in units. Ease of operation and minimal out-of-pocket expenses, going forward, for a Buyer. Close escrow and start cash-flowing. A diamond, no rough.
The Diamond. Part of a 3 building portfolio, all in a row: 23 units at 4723-27 Beverly, 7 units at 4715-19 Beverly, 11 units at 4711-13 Beverly. A massive, recent facelift here at this 11 unit, now top-of-the-line, market-rent-demanding, turn-key building ideally located between Hancock Park and Melrose. Updated exterior facade and extensive, chic interior renovation to all units (washers & dryers installed) and an ADU conversion of the old on-site office. Additionally, a complete copper re-pipe and an electrical service upgrade to a 400-amp switchboard and replacement of all subpanels in units. Ease of operation and minimal out-of-pocket expenses, going forward, for a Buyer. Close escrow and start cash-flowing. A diamond, no rough.

Property details

Bathrooms

11 total bathrooms

House

2 total stories

Built in 1963

8,706 sqft living area

8706 total building sqft

Cooling

No cooling

Heating

Forced Air

Income

Gross Income: 318372

Net Operating Income: 204774

Listing

Listing ID: 23278573

11 days on market

Listed on 2023-06-08

Location

County: Los Angeles

Lot

7003 sqft

0.1608 acres

Area: 7003

Parking

10 total parking spaces

Covered

Property

Single building

11 units

Monthly cost

Estimated monthly cost

$31,066/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$4,582,500

+$146,250

$4,728,750

Seller agent commission$146,250 (3%)*

$0 (0%)

Buyer agent commission$146,250 (3%)*

$146,250 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $146,250 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: May 4, 2024 at 7:36 a.m.

Data updated: Jun 19, 2023 at 8:05 p.m.

Property listed by CBRE, Inc., Brice Head
Based on information from California Regional Multiple Listing Service, Inc. as of 06/19/2023 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing Information © 2024 California Regional MLS. All Rights Reserved.

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