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1124 Glenville Drive

Los Angeles (City), CA 90035
  • $2,295,000
  • STATUS: Active
  • ON SITE: 87 Days
  • MLS #: 25501625
UPDATED: 6 min ago
$2,295,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1953
County:

School Ratings & Info

Listing Agent(s): Brett Alphin of Compass (310-652-6285)


Description

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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-05-20T11:27:44.897. 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 deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
www.desertareahomesforsale.com/homes/160751406
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1124 Glenville Drive Los Angeles (City), CA 90035

  • Price: $2,295,000
  • Status: Active
  • On Site: 87 Days
  • Updated: 6 min ago
  • MLS #: 25501625
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1953
Built
Neighborhood:
C09 - Beverlywood Vicinity
County:
Los Angeles
Area:
C09 - Beverlywood Vicinity
Property Description
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.
Exterior Features

Construction Materials StuccoWood Siding Parking Total 6

Property Features

Association Fee 0 Buyer Financing CashConventionalPrivate Cap Rate 3.89 Insurance Expense 8068 Lease Assignable YN No Listing Agreement Seller Reserved Listing Service Full Service Maintenance Expense 9659 Net Operating Income 89262 Operating Expense 4868 Special Listing Conditions Standard Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-05-20T11:27:44.897. 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 deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
 
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Desert Area Homes For Sale | Premier Properties
78115 Calle Estado #104
La Quinta CA, 92253
Listing Agent(s): Brett Alphin of Compass (310-652-6285)