Property listed by Marcus & Millichap, Neema Ahadian 310-909-5500
$1,949,000
We are pleased to present 1233 S Bedford Street, a rare investment or owner-user opportunity in the highly desirable Pico-Robertson submarket of Los Angeles. Situated just north of W Pico Boulevard, this premier neighborhood is known for attracting high-end renters with consistently low vacancy rates and steady rent growth. The… Read More subject property is a fully vacant fourplex featuring two one-bedroom units (798 SF and 824 SF) and two two-bedroom units (1,000 SF and 1,034 SF), offering immediate value-add potential through renovations. There is a garage with capacity for four vehicles and significant ADU potential at the front or back of the lot (buyer to verify). Alternatively, the property's 6,840 SF lot, zoned [Q]R3-1-O in a Tier 3 TOC, presents attractive development potential, with ownership having preliminary plans for a 36-unit senior affordable housing project. The surrounding neighborhood has strong demographics, with a median home value exceeding $1.1 million and average household income over $127,000 within a two-mile radius. With an exceptional Walk Score of 96, residents benefit from proximity to an array of high-end retail and lifestyle amenities along Robertson, Olympic, and La Cienega Boulevards, reinforcing Pico-Robertson's status as one of Los Angeles' most vibrant and sought-after communities. Read Less
Listing Snapshot
Days Online
61
Last Updated
Property Type
Other
Beds
6
Square Ft.
3,660
Lot Size
0.16 Acres
Year Built
1940
MLS Number
25587551
30 Days Snapshot Of 90035
$1.79M
-17%
(avg) sold price
3
-62%
homes sold
72
-14%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1940, Building area total: 3,660, Levels: Two, Living area: 3660, 2 stories, 1 building
Cooling
None
Heating
None
Lot
0.157 acres, 6,840 square feet, Size: 6,840
Parking
4 totals parking
Property
Zoning: [Q]R3-1-O
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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