Listing banner image
  • Asking Price
    $12,200,000Asking Price
  • NOI
    $577,073NOI
  • Cap Rate
    4.73%Cap Rate
  • GRM
    10.77GRM
  • Occupancy
    95%Occupancy
  • Year Built
    2019Year Built

Description

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....

Documents

Offering Summary

  • Asking Price
    $12,200,000
  • Price PSF
    $680
  • Property Type
    Multifamily
  • Size
    17,934 SF
  • Occupancy
    95%
  • Built
    2019
  • Total Acres
    ~0.21 ac

Sale Details

  • Cap Rate
    4.73%
  • NOI
    $577,073
  • In-Place Cap Rate
    4.73%
  • In-Place NOI
    $577,073
  • GRM
    10.77

Documents

Property Address

1775 Beloit Ave
Los Angeles, CA 90025

Property Details

  • Property Type
    Multifamily
  • Total Units
    16
  • Available Units
    1
  • Occupancy
    95%
  • Year Built
    2019
  • Acres
    0.21
  • Zoning
    LAR4
  • APN
    4261-019-006
  • Ownership Interest
    Fee Simple

Property Details

  • Property Type
    Multifamily
  • Total Units
    16
  • Available Units
    1
  • Occupancy
    95%
  • Year Built
    2019
  • Acres
    0.21
  • Zoning
    LAR4
  • APN
    4261-019-006
  • Ownership Interest
    Fee Simple

Deal Team

Kitty Wallace profile image
Kitty Wallace
Vice Chair Vice Chair
CA RE Lic. ‍01218779

Description

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....

Documents

Offering Summary

  • Asking Price
    $12,200,000
  • Price PSF
    $680
  • Property Type
    Multifamily
  • Size
    17,934 SF
  • Occupancy
    95%
  • Built
    2019
  • Total Acres
    ~0.21 ac

Sale Details

  • Cap Rate
    4.73%
  • NOI
    $577,073
  • In-Place Cap Rate
    4.73%
  • In-Place NOI
    $577,073
  • GRM
    10.77

Documents

Property Address

1775 Beloit Ave
Los Angeles, CA 90025

Property Details

  • Property Type
    Multifamily
  • Total Units
    16
  • Available Units
    1
  • Occupancy
    95%
  • Year Built
    2019
  • Acres
    0.21
  • Zoning
    LAR4
  • APN
    4261-019-006
  • Ownership Interest
    Fee Simple

Property Details

  • Property Type
    Multifamily
  • Total Units
    16
  • Available Units
    1
  • Occupancy
    95%
  • Year Built
    2019
  • Acres
    0.21
  • Zoning
    LAR4
  • APN
    4261-019-006
  • Ownership Interest
    Fee Simple

Deal Team

Kitty Wallace profile image
Kitty Wallace
Vice Chair Vice Chair
CA RE Lic. ‍01218779
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