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31881122
31881123

1034 Beacon, Los Angeles, CA 90015 For Sale

IG
CA 02035537
Kim Real Estate, Inc
Listed by Kim Real Estate, Inc
$1,799,000
85 days on market
Updated 28 days ago

1034 Beacon

Details
APN 5137016014
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,966
Units 4
Cap Rate 5.56%
NOI $102,789
Price per SqFt $454
Year Built 1912
Buildings 1
Stories 2
Acreage 0.184
Investment Type Owner/User
Sale Condition 1031 exchange

Multifamily | 5.56% CAP | 4 Units

Marketing description

VALUE-ADD | PARTIALLY VACANT | FULLY UPDATED UNITS, Welcome to 4 units on Beacon Ave, a well-maintained and fully updated multi-unit property located in the heart of Los Angeles. This is a prime opportunity for both investors and owner-users looking for flexibility and strong income potential. The property features 4 units total, with 3 units delivered vacant and 1 unit currently rented, allowing immediate upside through lease-up at market rents or the option for owner occupancy. All units have been tastefully updated, offering modern finishes that attract quality tenants and reduce immediate capital expenses. The property is positioned for strong cash flow. Ideal for investors looking to maximize rental income, execute a lease-up strategy, or explore long-term hold potential in a high-demand rental area. Centrally located with easy access to Downtown Los Angeles, major freeways, public transportation, and local amenities. Turn-key condition with vacancy upside — a rare opportunity in today’s market.


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Listing Contacts

IG
CA 02035537
Kim Real Estate, Inc
Listed by Kim Real Estate, Inc

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$102,789.00
$8,565.75/mo

Valuation Metrics

0
DSCR
5.71%
Cap Rate
5.71%
ROI

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Additional Information

Name
Ix Garcia
License
02035537
Brokerage
Kim Real Estate LLC
Brokerage Phone
3232025885
Title
Real Esta Associate Broker
Brokerage Address
13330 Bloomfield Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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