1821 S Bentley Ave | West Los Angeles, CA 90025

Written By Michael Monempour

SALE PRICE: $9,000,000

PRICE/UNIT: $600K     PRICE/SF: $443      GRM: 18.91     CAP RATE: 3.48%

TRANSACTION HIGHLIGHTS

  • AAA+ primeWest Los Angeles location

  • TROPHY asset built in 1972 by the Owners, first time sold in 49 Years!

  • LARGE & luxurious units consisting of Fourteen 2 Bedroom / 2 Bathrooms and One–1 Bedroom / 1 Bathroom unit very suitable for todays market

  • BUILDING amenities include rec room, bike commuter room with storage lockers, pool & sauna

  • APPROXIMATELY 38% upside in Market Rents

  • SEVERAL units have extensive remodels with hardwood floors, granitecountertops, stainless steal appliances & in unit washer & dryer

  • POTENTIAL to convert office space into an ADU

  • SUBTERRANEAN- gated parking consisting of 29 parking spaces

  • QUALITY, well-maintained building with no significant deferred maintenance

  • SOLD OFF-MARKET Buyer’s offer was Non-Contingent day 1 - Buyer &Seller both represented by Michael Monempour

 
Free Property Valuation
Michael Monempour
Previous

11930 Gorham Ave | Los Angeles, CA 90049
Next

309 S Hamel Rd & 8700 W 3rd St | Los Angeles, CA 90048