1610 S Beverly Glen Blvd | Los Angeles, CA 90024

SALE PRICE: $4,050,000

PRICE/UNIT: $506K          PRICE/SF: $417                  GRM: 18.49                 CAP RATE: 3.17%             

TRANSACTION HIGHLIGHTS

• RARELY traded prestigious Century City location within walking distance to Westfield Century City Mall

• LARGE penthouse unit with private elevator access and rooftop lounge delivered vacant perfect for an owner/user

• VALUE-ADD opportunity with approximately 57% upside in rents

• CONTROLLED intercom access, formal lobby, elevator, laundry room and lease office

• SEPARATELY metered for gas and electricity

• PRICED at 12.5 GRM and 5.7 cap at market rents