Listing Detail

IAG

853 S Bedford St., Los Angeles, CA 90035

853 Bedford St (1).jpg

Probate Sale, Court Confirmation MAY be required.

Remarks: 6-Unit residential property, for sale AFTER 63 years! Great unit mix: 4 X 1 Bed and 2 x 2 Bed units. 4 OF the 6 Units are currently vacant and will be delivered vacant at the close of escrow. Soft Story Retrofit has NOT been done. All units are separately metered for gas & electricity. No known upgrades (to any systems) were done to the property. Subject to the City of Los Angeles Rent Control ordinance. Seller is a Court-appointed fiduciary and cannot make any representations as to the condition, or history of the subject property. Sold AS IS & Where IS, with current 2 tenant(s) in place. Seller will not be responsible for any repairs, inspection reports, termite work, and mandatory government retrofit requirements prior to close. Buyer to conduct their own investigations.

Showing Remarks: Drive by only. Open Houses will be scheduled, and MLS will be updated. Please email sales@iagpm.com.

Property Highlights
Street 853 S Bedford St
City Los Angeles
State CA
Zip 90035
Status Sold
Property Type Multi-family
Asking Price $2,600,000
Sold Price $2,400,000
Year Built 1955
Building Sq Ft 5,325
Number of units 6
CAP Rate 4.22
GRM 14.99
Value per Square Feet $488.26
Broker Name Vinny Jain
Telephone (310) 207-2288
Email sales@iagpm.com
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