Prime West Los Angeles Investment/Development Opportunity

1235 & 1241 South Beverly Glen Boulevard, Los Angeles, CA

Market Price

Price

Multifamily

Development Type

11,295 sqft

Building Size

Overview
Development Type
Multifamily
Building Size
11,295 sqft
Lot Area
15,104 sqft
Zoning
LAR3
Description

Offered to the marketplace for the first time in decades, this is a very unique opportunity to acquire an existing multifamily asset and a tremendous redevelopment opportunity in one of the most prestigious locations in all of Los Angeles. Located on Beverly Glen Boulevard, steps from Wilshire Boulevard’s world-famous Wilshire Corridor, the property features two multifamily buildings on a double lot with +/-15,104 square feet of land.

Highlights
  • Rare Opportunity to Acquire a Double Lot in Westwood
  • 105 Feet of Frontage on Beverly Glen
  • East Access to Beverly Hills, UCLA, Westwood Village, Century City and Brentwood
  • Exceptional Demographics with Average Household Income exceeding $123,000 per year
  • Perfect for luxury, high-end residences
  • Existing 12 Units Generating Income

Location
Gallery