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1235-1241 S Beverly Glen Blvd 14 Unit Apartment Building $12,605,985 CAD ($900,427 CAD/Unit) 3.16% Cap Rate Los Angeles, CA 90024
Executive Summary
Set within the highly desirable Westwood–Century City corridor, this 14-unit residential income property spans 1235–1241 S Beverly Glen Boulevard and includes two APNs, presenting a rare opportunity to acquire a meaningful multifamily asset in one of Los Angeles’ most enduring rental markets. Positioned just south of Wilshire Boulevard, the property offers immediate access to the energy and convenience of the Westside, with close proximity to UCLA, Century City, Beverly Hills, premier employment centers, shopping, dining, and major transit corridors. Comprising two buildings across an approximately 15,041-square-foot lot, the property offers approximately 11,295 square feet of building area and a practical two-level configuration designed to support long-term residential use. A mix of unit layouts, 12 garage spaces, and separately metered utilities for most units further enhance the property’s operational profile, creating a compelling foundation for investors evaluating income, management efficiency, and future value potential. In a market defined by durable rental demand and limited multifamily opportunities, this offering combines scale, location, and long-term upside in one of Southern California’s most sought-after urban settings. With its Westside positioning and established residential income profile, the property represents a compelling opportunity for investors seeking a Los Angeles multifamily asset with lasting relevance and strategic growth potential.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $12,605,985 CAD | Building Class | C |
| Price Per Unit | $900,427 CAD | Lot Size | 0.35 AC |
| Sale Type | Investment | Building Size | 11,295 SF |
| Cap Rate | 3.16% | Average Occupancy | 50% |
| No. Units | 14 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1941 |
| Property Subtype | Apartment | Parking Ratio | 1.06/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | LAR3 - Multiple residences | ||
| Price | $12,605,985 CAD |
| Price Per Unit | $900,427 CAD |
| Sale Type | Investment |
| Cap Rate | 3.16% |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.35 AC |
| Building Size | 11,295 SF |
| Average Occupancy | 50% |
| No. Stories | 2 |
| Year Built | 1941 |
| Parking Ratio | 1.06/1,000 SF |
| Zoning | LAR3 - Multiple residences |
Amenities
Unit Amenities
- Air Conditioning
- Storage Space
- Washer/Dryer
- Skylights
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | $2,958 CAD | - |
| 1+1 | 7 | $5,141 CAD | - |
| 2+2 | 1 | $9,155 CAD | - |
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Very walkable
80/100
Exceptionally drivable
90/100
Good public transit
70/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Total Assessment | $10,029,441 CAD (2025) | |
| Land Assessment | $7,473,504 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $2,555,937 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Numbers
Land Assessment
$7,473,504 CAD (2025)
Improvements Assessment
$2,555,937 CAD (2025)
Total Assessment
$10,029,441 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
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1235-1241 S Beverly Glen Blvd
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