4950 Beverly Blvd, Los Angeles, CA 90004 - View 1
4950 Beverly Blvd, Los Angeles, CA 90004 - View 2
4950 Beverly Blvd, Los Angeles, CA 90004 - View 3

4950 Beverly Blvd, Los Angeles, CA 90004

Sale Price: $2,300,000
Aug 14, 20245,964 sqft8 beds8 baths
Listed by: Nicole Apostolos
License #: 01464936
Phone #: 818-380-5294
Equity Union
Source:
CRMLS Logo
MLS #: 24427227

Property Description

Well-maintained & charming 5,964 square foot building situated on a large 10,080 square foot LAR3 zoned lot. The property is made up of eight (8) very spacious one (1) bedroom & one (1) bathroom units, each averaging 745 square feet. Two units have been upgraded with newer flooring, kitchens, bathrooms and washer and dryers in unit. Upper units have views of the Hollywood sign. One unit will be delivered VACANT! There is ADU potential and tremendous rental upside. The property is separately metered for gas & electricity with separate hot water heaters. The property had a new roof installed in 2023! There are seven (7) garage parking spaces! Very secure gated building with facial recognition entry for all tenants. Extremely well located in the highly-coveted Larchmont area on Beverly Blvd. between Wilton Pl. & Larchmont Blvd. The property is just steps away from Robert Burns Park & the trendy restaurants and shops district located on Larchmont Blvd. Local restaurants include Great White, Osteria Mamma, Pour Vous, Levain Bakery, and more! Moreover, this central location provides easy access to all of the employment, dining, and entertainment opportunities that Hollywood has to offer! The subject property is located in the City of Los Angeles and is subject to LA Rent Control.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$29,748

TurboHome Estimated Value

$2,141,600

$359 sqft

High Valuation
$2,248,680
$377/sqft
Normal Valuation
$2,141,600
$359/sqft
Low Valuation
$2,034,520
$341/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$359/sqft$2,141,600

Neighborhood: Mid Wilshire

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Comparative Value

$1.41M

$1.55M

$2.06M

$2.30M

$2.38M

753 Cole Ave, Los Angeles, CA 90038

Sale Price: $1,410,000

Selected Comparable

4563 Fountain Ave, Los Angeles, CA 90029

Sale Price: $1,550,000

Selected Comparable

613 S Dunsmuir Ave, Los Angeles, CA 90036

Sale Price: $2,060,000

Selected Comparable

4950 Beverly Blvd, Los Angeles, CA 90004

List Price: $2,300,000

Subject Property

4950 Beverly Blvd, Los Angeles, CA 90004

Sale Price: $2,300,000

Selected Comparable

161 N Sycamore Ave, Los Angeles, CA 90036

Sale Price: $2,375,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
4950 Beverly Blvd, Los Angeles, CA 90004

4950 Beverly Blvd, Los Angeles, CA 90004

List: $2,300,000

Listed: 8/14/2024

Area:5,964 sqft
Price/sqft:$386
Beds:8
Baths:8
Year Built:
Lot Size:10,080

Comparable Properties

COMPARABLE
Choose comps
4950 Beverly Blvd, Los Angeles, CA 90004

4950 Beverly Blvd, Los Angeles, CA 90004

Sale: $2,300,000

2/10/20250.00 mi

Area:5,964 sqft
Price/sqft:$386
Beds:8
Baths:8
Year Built:
Weight:21.9%
753 Cole Ave, Los Angeles, CA 90038

753 Cole Ave, Los Angeles, CA 90038

Sale: $1,410,000

4/4/20250.95 mi

Area:5,928 sqft
Price/sqft:$238
Beds:8
Baths:8
Year Built:
Weight:20.2%
4563 Fountain Ave, Los Angeles, CA 90029

4563 Fountain Ave, Los Angeles, CA 90029

Sale: $1,550,000

7/24/20252.21 mi

Area:5,624 sqft
Price/sqft:$276
Beds:8
Baths:8
Year Built:
Weight:19.9%
161 N Sycamore Ave, Los Angeles, CA 90036

161 N Sycamore Ave, Los Angeles, CA 90036

Sale: $2,375,000

5/28/20251.47 mi

Area:6,567 sqft
Price/sqft:$362
Beds:8
Baths:8
Year Built:
Weight:19.1%
613 S Dunsmuir Ave, Los Angeles, CA 90036

613 S Dunsmuir Ave, Los Angeles, CA 90036

Sale: $2,060,000

5/1/20251.95 mi

Area:6,344 sqft
Price/sqft:$325
Beds:8
Baths:8
Year Built:
Weight:18.9%

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