2036 S Bentley, Los Angeles, CA 90025
- $1,890,000
- List Price
- $1,890,000
- Status
- ACTIVE
- MLS#
- SR26146922
- Year Built
- 1966
- Lot Size
- 6,174
- Acres
- 0.14
- Lot Location
- Back Yard, Near Public Transit
- Days on Market
- 21
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
Property Description
Prime West Los Angeles 5-unit multifamily investment opportunity offered at $1,890,000. Located in the desirable 90025 submarket, this fully occupied property features an attractive unit mix consisting of one 1-bedroom/1-bathroom unit, three spacious 2-bedroom/2-bathroom units with private balconies, and a rare downstairs 3-bedroom/2.5-bathroom unit with access to a backyard patio. The property offers 9 on-site parking spaces and meaningful rental upside driven by long-term tenancy and below-market in-place rents. Current operations generate an approximately 4.4% cap rate, with pro forma operations supporting an approximately 6.5% cap rate and 9.6 GRM based on stated assumptions. The mandatory soft-story seismic retrofit has been completed and city-approved. Ideally located near Sawtelle Japantown, UCLA, Westwood, Century City, Santa Monica, and major Westside employment centers, with convenient access to the I-405 and I-10 freeways. Potential ADU and longer-term redevelopment opportunities may exist; Buyer to independently investigate and verify all development potential and governmental requirements. Property is fully occupied. Please do not disturb tenants. Offering Memorandum and additional property information available through the Listing Agent.
Additional Information
- Pool Description
- None
- Heat
- Electric
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- Roof
- Flat
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Balcony
- Attached Structure
- Attached
- Number Of Units Total
- 5
- Gross Scheduled Income
- $157,524
- Operating Expense
- 71763
Listing courtesy of Listing Agent: Bernie Leibovitch (BernieLeibovitch@gmail.com) from Listing Office: Rodeo Realty.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.