1775 Beloit Ave - Los Angeles

1775 Beloit Ave is a stabilized, institutional-grade multifamily asset located in the highly desirable West Los Angeles submarket. Built in 2019, the property spans 17,934 square feet across 16 units, offering modern construction with high-quality finishes. Situated on a compact 0.21-acre parcel, the property maintains a strong occupancy rate of 95%, demonstrating consistent demand in a supply-constrained market.

The asset is offered at an attractive asking price of $12,200,000, equating to $680 per square foot and features an in-place cap rate of 4.73% with a current NOI of $577,073. The property presents additional upside potential with one available unit, aligning with Los Angeles' favorable rental market dynamics and potential for absorption.

With a GRM of 10.77, investors are positioned to benefit from stable cash flow and long-term rental growth in a premier location proximate to key employment hubs, retail corridors, and transit infrastructure. This opportunity is ideal for investors seeking a turnkey multifamily asset in a high-barrier-to-entry market.