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1544 S Beverly Glen Blvd, Los Angeles, CA 90024
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1544 S Beverly Glen Blvd Los Angeles, CA 90024

$2,350,000 Sold Price as of 09/08/2023
  • 9 Beds
  • 6 Baths
  • 5,208 Sq.Ft.
Sold
$2,350,000 Sold Price as of 09/08/2023 Refinance Your Mortgage
Map preview of 1544 S Beverly Glen Blvd, Los Angeles, CA 90024

Property Overview: 1544 S Beverly Glen Blvd Los Angeles, CA has 9 bedrooms, 6 bathrooms, 5,208 living square feet and 6,501 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Wonderful opportunity to own a 5 unit building in a highly sought after rental location, South of Wilshire and North of Santa Monica Blvd. The subject property is in a prime LA location, adjacent to UCLA, Bel Air and Beverly Hills and Walking distance to Century City and the new Subway/Rail Line. Both of the 1 bedroom + 1.5 bathroom units will be delivered VACANT. The other units are receiving strong rents but there is plenty of rental upside creating a quintessential value-add opportunity. All units come with individual washers/dryers, individual entrances, and hardwood floors. One of the one bedrooms and three bedroom units both have den/offices. The oversized three bedroom +den/office unit has a private patio with views of Century City. This is ideal for an investor/owner user looking for a prime location with potential for future development. Expenses are estimated.

Listed by Carolyn Schneider | BRE #00881530 | Miller & Desatnik Realty Co.
Last checked: 27 seconds ago | Last updated: September 26th, 2023 | Source CRMLS | DOM: 63

Home details

Lot Sq. Ft
6,501
HOA Dues
$0/mo
Year built
1947
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23269205
City
Los Angeles
County
Los Angeles
Time on Site
350 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,800
  • Total Rent: $2,800
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,250
  • Total Rent: $3,250
  • Pro Forma/Market Rent: $3,250
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,250
  • Total Rent: $3,250
  • Pro Forma/Market Rent: $3,250
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,200
  • Total Rent: $3,200
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $4,340
  • Total Rent: $4,340
  • Pro Forma/Market Rent: $5,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.54%
  • Gross Rent Multiplier: 13.67
  • Gross Scheduled Income: --
  • Net Operating Income: $117,692
  • Gross Operating Income: $184,130
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1544 S Beverly Glen Blvd

Interior Features
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Attached Carport
Lot Information
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Total # of Units: 5
  • Parcel Number: 4327009009
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: South of Wilshire. North of Santa Monica Blvd.
View more facts & features

Local Los Angeles Agent

Sale History for 1544 S Beverly Glen Blvd

Last sold for $2,350,000 on September 8th, 2023

  • September, 2023

  • Sep 8, 2023

    Date

    Sold

    CRMLS: 23269205

    $2,350,000

    Price

  • May 10, 2023

    Date

    Active

    CRMLS: 23269205

    $2,995,000

    Price

  • May, 2023

  • May 9, 2023

    Date

    Canceled

    CRMLS: 23258091

    $3,000,000

    Price

  • Apr 7, 2023

    Date

    Active

    CRMLS: 23258091

    $3,800,000

    Price

  • Listing provided courtesy of CRMLS

    Wonderful opportunity to own a centrally located building in prime Westwood South of Wilshire and North of Santa Monica Blvd. adjacent to UCLA, Bel Air and Beverly Hills and Walking distance to Century City and the new Subway/Rail Line. All units come with individual washers/dryers, individual entrances, and hardwood floors. One of the one bedrooms and three bedroom units both have den/offices. The oversized three bedroom +den/office unit has a private patio with views of Century City. This is ideal for an investor/owner user looking for a prime location with potential for future development. Expenses are estimated.

  • June, 2006

  • Jun 30, 2006

    Date

    Sold (Public Records)

    Public Records

    $1,800,000

    Price

Show More

Tax History for 1544 S Beverly Glen Blvd

Assessed Value (2020): $2,249,753
Year Land Value Improved Value Assessed Value
2020 $1,574,453 $675,300 $2,249,753

Home Value Compared to the Market

This property vs the competition

1544 S Beverly Glen Blvd sold on September 8, 2023 for 118.07% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $498.27 per/sqft which puts the price per square foot 34% lower than the current median sale per square foot for the city of Los Angeles.

About 1544 S Beverly Glen Blvd

Detailed summary of property

1544 S Beverly Glen Blvd is a multi family that recently sold in Los Angeles, CA 90024. This multi family property offered 9 bedrooms, 6 bathrooms, roughly 5,208 living square feet, and sits on an approximately 6,501 square foot lot. 1544 S Beverly Glen Blvd was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $2,350,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 118.07% higher than the current median priced home. Local homes that are currently for sale include 3729 Glendon Ave, 1140 S Shenandoah St and 1142 S Bedford St. While the average home in Los Angeles, CA is selling in 93 days, 1544 S Beverly Glen Blvd has a days on market of 63 days. There are currently 3718 homes for sale in the Los Angeles real estate market and 2495 of them are single family homes while 1123 of them are condos and 94 are townhomes. For more information on this home for sale at 1544 S Beverly Glen Blvd Los Angeles, CA 90024 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1544 S Beverly Glen Blvd

Public county record property details
Beds
--
Baths
--
Year built
1947
Sq. Ft.
5,208
Lot Size
6,500
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
13
APN
4327-009-009

The source for these homes facts are from public records.

90024 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,399,000
Median List Price/Sq.Ft.
$847
Median Sold Price
$1,250,000
Median Sold Price/Sq.Ft.
$745
Total Inventory
165
Median Sale to List Price %
96.53%
Avg Days on Market
48
Loan Type
Conventional (6.06%), FHA (0%), VA (0%), Cash (12.12%), Other (6.06%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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