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1933 S Bedford St, Los Angeles, CA 90034
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1933 S Bedford St Los Angeles, CA 90034

$5,745,000 Sold Price as of 03/16/2021
  • 32 Beds
  • 28 Baths
  • 16,280 Sq.Ft.
Sold
$5,745,000 Sold Price as of 03/16/2021 Refinance Your Mortgage
Map preview of 1933 S Bedford St, Los Angeles, CA 90034

Property Overview: 1933 S Bedford St Los Angeles, CA has 32 bedrooms, 28 bathrooms, 16,280 living square feet and 12,611 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Right in the middle of the booming Downtown Culver City and Pico-Robertson, 1933 S. Bedford is an ideal 16-unit asset with "A" location. Located in one of the LA's strongest rental markets, this is an ideal pickup for any exchange buyer or investor looking to own a unique asset with tons of upside. The Bedford St. Asset offers an ideal unit mix comprised of (2) 3-Bd/2-Ba, (10)2-Bd/2-Ba, (2) 2-Bd/1-Ba, (2) 1-Bd/1-Ba units. Three of the 2-Bed/2-Ba units will be delivered ready for market rents. All units are in great condition, and feature Hardwood flooring, Quartz Countertops, Dishwashers, A/C, new paint, and spacious master bathrooms. Units also come with their own private balconies. There is ample parking for all tenants, and the retrofitting has already been completed by the current owner. A massive property, Bedford St. comes with a beautiful courtyard and lobby. With proforma rents in place, the property will operate just under a 6% Cap and above a 12 GRM. Only minutes away from Millions of $ in development, this beautiful 16-unit is an ideal pickup for any exchange buyer or investor looking to own in one of Los Angeles's top rental markets.

Listed by Parker Boehle | BRE #02054215 | Lyon Stahl Investment Real Estate, Inc.
Co-listed by Cameron Samimi | BRE #02035763 | Lyon Stahl Investment Real Estate, Inc.
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 23

Home details

Lot Sq. Ft
12,611
HOA Dues
$0/mo
Year built
1965
Garage
8 Car
Property Type:
Multi Family
Status
Sold
MLS#
SB20246031
City
Los Angeles
County
Los Angeles
Time on Site
1206 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 16
  • Total # of Buildings: 1
  • # of Electric Meters: 16
  • # of Gas Meters: 0
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $3,200
  • Pro Forma/Market Rent: $2,095
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $3,700
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 3
  • # of Units: 6
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,992
  • Total Rent: $11,952
  • Pro Forma/Market Rent: $2,850
Unit Breakdown 4
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,575
  • Total Rent: $5,150
  • Pro Forma/Market Rent: $3,495
Unit Breakdown 5
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,850
  • Total Rent: $8,150
  • Pro Forma/Market Rent: $2,850
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $750
  • Total Rent: $750
  • Pro Forma/Market Rent: $750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.9%
  • Gross Rent Multiplier: 15.76
  • Gross Scheduled Income: $399,624
  • Net Operating Income: $245,357
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $142,278
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

Property Details for 1933 S Bedford St

Interior Features
Heating Information
  • Has Heating
  • Radiant
Laundry Information
  • Has Laundry
  • Individual Room
Interior Features
  • Levels: Three Or More
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 8
  • # of Parking Spaces: 21
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 16
  • Parcel Number: 4302021042
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Off of Robertson Blvd. and Cadillac Ave.
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 1933 S Bedford St

Last sold for $5,745,000 on March 16th, 2021

  • March, 2021

  • Mar 16, 2021

    Date

    Sold

    CRMLS: SB20246031

    $5,745,000

    Price

  • Dec 17, 2020

    Date

    Active Under Contract

    CRMLS: SB20246031

    $6,299,000

    Price

  • Dec 7, 2020

    Date

    Price Change

    CRMLS: SB20246031

    $6,299,000

    Price

  • Nov 24, 2020

    Date

    Active

    CRMLS: SB20246031

    $6,500,000

    Price

  • April, 2006

  • Apr 4, 2006

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • October, 2003

  • Oct 1, 2003

    Date

    Sold (Public Records)

    Public Records

    $1,700,000

    Price

Show More

Tax History for 1933 S Bedford St

Assessed Value (2020): $2,210,074
Year Land Value Improved Value Assessed Value
2020 $1,547,055 $663,019 $2,210,074

Home Value Compared to the Market

This property vs the competition

1933 S Bedford St sold on March 16, 2021 for 429.33% 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 $386.92 per/sqft which puts the price per square foot 48.75% lower than the current median sale per square foot for the city of Los Angeles.

About 1933 S Bedford St

Detailed summary of property

1933 S Bedford St is a multi family that recently sold in Los Angeles, CA 90034. This multi family property offered 32 bedrooms, 28 bathrooms, roughly 16,280 living square feet, and sits on an approximately 12,611 square foot lot. 1933 S Bedford St was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $5,745,000. 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 429.33% higher than the current median priced home. Local homes that are currently for sale include 1015 N Croft Ave, 11254 Mississippi Ave and 1600 Camden Ave. While the average home in Los Angeles, CA is selling in 93 days, 1933 S Bedford St has a days on market of 23 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 1933 S Bedford St Los Angeles, CA 90034 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1933 S Bedford St

Public county record property details
Beds
--
Baths
--
Year built
1965
Sq. Ft.
16,280
Lot Size
12,611
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
132,133
APN
4302-021-042

The source for these homes facts are from public records.

90034 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,999,000
Median List Price/Sq.Ft.
$932
Median Sold Price
$2,079,000
Median Sold Price/Sq.Ft.
$899
Total Inventory
43
Median Sale to List Price %
100%
Avg Days on Market
27
Loan Type
Conventional (0%), FHA (0%), VA (5.88%), Cash (5.88%), Other (11.76%)

Thinking of Selling?

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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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