1849 Beloit AVE new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90025
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 7,181 sqft
Price per Sqft $320
MLS Listing ID 25595113
Bedrooms 11
HOA Y/N No
Year Built 1965
Lot Size 7,000 Sqft
Property Description
Positioned in the heart of Sawtelle, 1849 Beloit is a value-add multifamily complex surrounded by one of LA's most vibrant dining and cultural corridors. Just steps from the neighborhood's renowned Japantown stretch, tenants enjoy walkable access to an endless roster of restaurants, cafes, and dessert bars that draw foot traffic from across the city. Beyond its dining and retail scene, the property sits at the center of a high-income tenant base, surrounded by financial, legal, entertainment, and medical offices that line the Wilshire Corridor, from Beverly Hills to Santa Monica. Located near Westfield Century City, San Vicente Blvd in Brentwood, downtown Santa Monica, and UCLA, the address checks every box for location-driven renters. Built in 1965, the building features (3) 2-bdrm/2-bath units, (5) 1-bdrm. units, and (1) studio unit. Its mid-century exterior facade provides vintage charm, while the layouts inside emphasize functionality. Units feature a private patio or balcony. Property amenities include 2 tandem parking spaces in the front, approx. 5 parking spaces in the rear, soft-story retrofit completion (buyer to verify), and a community laundry room. 1849 Beloit is currently offered at $255,556 per unit and $320 per foot, offering approx. 59% rental upside. The property will stabilize at a 8.44% CAP and 8.78 GRM based on market rents. This is a classic West LA value-add: a well-located asset with character, upside, and reliable fundamentals in a location where tenants consistently pay premiums for lifestyle and access.
Location
State CA
County Los Angeles
Area Wla - West Los Angeles
Zoning LAR3
Interior
Heating Wall Furnace
Fireplaces Type None
Fireplace No
Exterior
Parking Features Covered,Garage,Tandem,Uncovered
View Y/N No
View None
Total Parking Spaces 7
Building
Faces East
Story 2
Entry Level Two
Architectural Style Mid-Century Modern
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4261020017
Special Listing Condition Standard