1429 South Bedford Street

Los Angeles, CA 90035

$8,750,000
Price
19
Beds
18
Baths
9,332 Sq. Ft.
$938 / Sq. Ft.
9,332
Sq. Ft.
$938
per Sq. Ft.

Description

Attention, savvy investors: Presenting a rare opportunity to purchase a brand-new vacant building in a booming Pico-Robertson location! With eight units in total, configurations are open-concept, and each spacious layout is appointed with the finest high-quality finishes for the modern tenant. Constructed with entertaining top of mind, the living room and dining room transition effortlessly into the kitchen with stone backsplash, abundant cabinetry, and stainless-steel cooktop with hood. Residents...Attention, savvy investors: Presenting a rare opportunity to purchase a brand-new vacant building in a booming Pico-Robertson location! With eight units in total, configurations are open-concept, and each spacious layout is appointed with the finest high-quality finishes for the modern tenant. Constructed with entertaining top of mind, the living room and dining room transition effortlessly into the kitchen with stone backsplash, abundant cabinetry, and stainless-steel cooktop with hood. Residents enjoy treetop and city views from Juliet balconies and patios for al-fresco lounging and dining. Projected rent rolls provide a total of $459,000 in annual income. Parking is controlled-access and subterranean. This 2024-complete building is located within close proximity of everything in the La Cienega and Pico area, just moments to Beverly Hills, West Hollywood, and the greater Westside, with the 10 Freeway a short drive away. This prime investment opportunity promises incredible value for the fortunate investor.
  1. Listed by Shauna Walters • DRE #01728600 • Brokerage DRE #01959830 • The Beverly Hills Estates
  2. Listed by Nicole Plaxen • DRE #01772151 • Brokerage DRE #01959830 • The Beverly Hills Estates

Property Details for 1429 South Bedford Street

Zoning
LAR3
Parcel Number
4303011033
Total Units
8.0
Living Area
9332
Source Living Area
Owner
Area
Beverlywood Vicinity (C09)
Vacancy Rate
100
Lot Size Area
6501

Location

Listing Courtesy of The Beverly Hills Estates, Shauna Walters, DRE #01728600; The Beverly Hills Estates, Nicole Plaxen, DRE #01772151
Add your commute
LISTING UPDATED: 05/07/2024 12:01 AM

Property Details for 1429 South Bedford Street

StatusActive
MLS #24-364839
Days on Market19
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built-
Lot Size0.15 AC / 6,501 SF
CountyLos Angeles County

Location

Listing Courtesy of The Beverly Hills Estates, Shauna Walters, DRE #01728600; The Beverly Hills Estates, Nicole Plaxen, DRE #01772151
Add your commute

Building Information for 1429 South Bedford Street

Stories4Residences-Year Built-Building Size-Lot Size0.15 AC / 6,501 SF

Payment Calculator

$47,752 per month

30 year fixed, 7.25% Interest

Principal and Interest

$47,752

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1429 South Bedford Street

Community / Development
Community / Development
  • Number Of Units: 8
  • Senior Community: No
Structure Info
Structure Info
  • Number Of Stories: 4
  • Number Of Buildings: 1
  • Type Of Units: 8
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1492
  • Lot Size Square Feet: 6501
Parking Details
Parking Details
  • Parking Garage: Subterranean
  • Total Parking: 13
  • Parking Features: Subterranean
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Equipment: Refrigerator, Washer, Dryer, Range/Oven
  • Laundry: Washer Included, Dryer Included
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-29-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,250.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $5,500.00
  • Like Units: 3
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $5,500.00
  • Like Units: 2
Unit 4 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $5,750.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110

Property History for 1429 South Bedford Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1429 South Bedford Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Canfield Avenue Elementary School
PublicK to 5

Daniel Webster Middle School
Public6 to 8

Alexander Hamilton Senior High School
Public9 to 12

Los Angeles Center For Enriched Studies
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1429 South Bedford Street is a multi-family home for sale in Los Angeles, CA 90035. This property was listed for sale on April 29, 2024 by The Beverly Hills Estates, it's currently listed at $8,750,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Canfield Avenue Elementary School, Daniel Webster Middle School and Alexander Hamilton Senior High School. 1429 South Bedford Street is a 19-bed, 18-bath, 9,332 sqft multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Beverly Hills Estates, Shauna Walters, DRE #01728600; The Beverly Hills Estates, Nicole Plaxen, DRE #01772151

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.