This is a rare opportunity to own a coveted asset in one of LA’s best neighborhoods. With a huge upside in rents, this long term "buy and hold" is sure to be a successful vehicle to build generational wealth. New to market for the first time in forty years, the property boasts an excellent unit mix and a Beverly Hills adjacent location. Low expenses make this asset a passive cash flowing investment. All tenants enjoy covered parking on site, and washers & dryers in some units. You won’t want to miss out on this rare opportunity to own a cash flowing asset in this premiere LA neighborhood.
Property Details
Price:
$2,450,000
MLS #:
25501625
Status:
Active
Baths:
0
Address:
1124 Glenville Drive
Type:
Commercial
Neighborhood:
c09beverlywoodvicinity
City:
Los Angeles
Listed Date:
Feb 20, 2025
State:
CA
ZIP:
90035
Year Built:
1953
Schools
Interior
Exterior
Parking Spots
6.00
Stories Total
2
Financial
Map
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Courtesy of Compass. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than BUSINESS MA include the name of the listing broker. Neither the listing company nor BUSINESS MA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved. 1124 Glenville Drive
Los Angeles, CA
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