Property
Beds
5
Full Baths
None
1/2 Baths
None
Year Built
1922
Sq.Footage
4,872
The Arch is a charming 7-unit boutique multifamily property located at 4715 Beverly Boulevard in the highly desirable Hancock Park Wilshire corridor of Los Angeles. Built in 1922 and thoughtfully updated to preserve its historic character, The Arch offers investors astable, fully leased income stream with a 4.00% cap rate and modest upside potential. This property is an ideal starter investment for those seeking entry into the Los Angeles multifamily market, with limited near-term capital needs thanks to comprehensive system upgrades and tasteful renovations throughout .Positioned within walking distance of vibrant neighborhood amenities, transit, and educational institutions, The Arch combines classic architecture with modern conveniences making it an attractive asset for both tenants and owners alike.
Features & Amenities
Interior
-
Other Interior Features
Ceiling Fan(s)
-
Total Bedrooms
5
-
Bathrooms
N/A
-
Heating YN
YES
-
Heating
Wall Furnace
Exterior
-
Garage
No
-
Parking
None
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.1666
-
Property Type
Residential Income
Price
-
Sales Price
$3,150,000
-
Sq. Footage
4, 872
-
Price/SqFt
$646
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Senior Community YN
NO
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Douglas Steinriede , Dover Management Corp.
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