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$3,150,000
Est. payment /mo
5 Beds
7 Baths
4,872 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,872 sqft
Price per Sqft $646
MLS Listing ID 25569653
Bedrooms 5
HOA Y/N No
Year Built 1922
Lot Size 7,257 Sqft
Property Description
The Arch is a charming 7-unit boutique multifamily property located at 4715 Beverly Boulevard in the highly desirable Hancock Park Wilshire corridor of Los Angeles. Built in 1922 and thoughtfully updated to preserve its historic character, The Arch offers investors astable, fully leased income stream with a 4.00% cap rate and modest upside potential. This property is an ideal starter investment for those seeking entry into the Los Angeles multifamily market, with limited near-term capital needs thanks to comprehensive system upgrades and tasteful renovations throughout .Positioned within walking distance of vibrant neighborhood amenities, transit, and educational institutions, The Arch combines classic architecture with modern conveniences making it an attractive asset for both tenants and owners alike.
Location
State CA
County Los Angeles
Area C18 - Hancock Park-Wilshire
Zoning LAR3
Interior
Interior Features Ceiling Fan(s)
Heating Wall Furnace
Fireplace No
Exterior
Parking Features None
Total Parking Spaces 7
Building
Story 2
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5522033009
Special Listing Condition Standard
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Listed by Douglas Steinriede Dover Management Corp.