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FOURPLEX FOR SALE8612 Beverlywood StreetLos Angeles, CA 90034
$1,175,000
ROW 8 SLOSOLD OUT
New 12 SLO Project2647 Garth Ave.
2,000 FT
Frank EvaniskoP: [email protected] DRE# 01383591
Ruben OganesyanP: [email protected] DRE# 01925499
8612 Beverlywood St.Los Angeles, CA 90034
Evanisko Realty & Investment, Inc. is pleased to present on an exclusive basis a well positioned Culver City adjacent fourplex property for sale. The fully occupiedproperty is located a stone’s throw (approx. 4 blocks) from Culver City which is undergoing an unprecedented cultural renaissance spurned in part by the influx ofmajor employers. This includes HBO who announced that they will occupy 240,000 SF of office space at the Ivy Station development currently under constructionjust 3,500 feet from the subject property – this is also the location of the Expo line transit stop. The property is 1-mile from “The Culver Steps” mixed use developmentwhich Amazon will occupy upon completion in addition to offices across the street for a total of 350,000 SF of office to be occupied by Amazon by year’s end.
▪ The property is fully occupied with current rents nearly 40% under market value.
▪ The property may also be developed into small lots [4-5 SLO homes]. Several small lot projects are slated for the immediate vicinity with end units fetching well intothe $1M range. Row 8 two blocks away for example sold out immediately upon release in the $1.1M-$1.5M range and averaged 1,500 SF each.
▪ Price: $1,175,000
YBLT APN BUILDING SF LAND SF MIX LOT DIMENSION ZONING [Q]
1941 5065-010-004 2,494 7,245 ALL 1+1 50’ x 145’ [Q]R3-1 1:1200 Density
FOURPLEX FOR SALE8612 Beverlywood StreetLos Angeles, CA 90034
Frank EvaniskoP: [email protected] DRE# 01383591
Ruben OganesyanP: [email protected] DRE# 01925499
8612 Beverlywood St.Los Angeles, CA 90034
New 12 SLO Project2647 Garth Ave.
ROW 8 SLOSOLD OUT
Built in 1941, zoned [Q]R3-1, this 2,494 SF property boasts all 1 Bedroom/1 Bathroom 623 SF units, and is situated on 7,245 SF of land area. All four units
are currently occupied with month to month tenants who pay both gas and power. To the rear of the property a detached garage is located offering
4 individual spaces for parking. This property is to be sold in “AS-IS” condition with no repairs or warranties offered by the Seller. With the recent influx of
young professionals and large employers such as Amazon, HBO, Beats By Dre, among many others, this creates a fantastic value-add opportunity with
strong rental upside or future development potential for an investor/developer.
Price: $1,175,000
YBLT APN BUILDING SF LAND SF MIX LOT DIMENSION ZONING [Q]
1941 5065-010-004 2,494 7,245 ALL 1+1 50’ x 145’ [Q]R3-1 1:1200 Density
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