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Image 1 - 1222 South Bedford Street, Los Angeles, CA 90035, USA - House for sale
Image 2 - 1222 South Bedford Street, Los Angeles, CA 90035, USA - House for sale
Image 3 - 1222 South Bedford Street, Los Angeles, CA 90035, USA - House for sale
Image 4 - 1222 South Bedford Street, Los Angeles, CA 90035, USA - House for sale
Image 5 - 1222 South Bedford Street, Los Angeles, CA 90035, USA - House for sale
Image 6 - 1222 South Bedford Street, Los Angeles, CA 90035, USA - House for sale
Image 7 - 1222 South Bedford Street, Los Angeles, CA 90035, USA - House for sale
Home For Sale In Los Angeles, California
1222 South Bedford Street, Los Angeles, CA 90035, USA

Home For Sale In Los Angeles, California

house for sale
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Listed: 03/13/24

1222 South Bedford Street, Los Angeles, CA 90035, USA

8 Bed:
6 Bath:
4,865 Sq Ft Living Area:
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Price
$ 2,26M

About This House

1142 South Bedford Street offers a rare opportunity for investors seeking a 5% CAP rate on a 6 unit investment property just 3 blocks from Beverly Hills, in the prime Pico-Robertson area of Beverlywood. Unit mix consists of four (4) 1 bedroom / 1 bathroom units along with two (2) 2 bedroom / 1 bathroom units. Built in 1955, each unit features a spacious living area, hardwood floors, one or two bedrooms, and a full bathroom. All six units are currently leased at below market rents, providing a steady stream of income with huge upside for the new owner. The property also includes a shared laundry room and a detached 4-car carport with ADU potential. With a strong rental history, LAR3 zoning and prime location, this 6-unit building is an excellent investment opportunity that should not be missed. Please do not disturb tenants.

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South Carthay Housing & Living

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.