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1429 S Bedford St
Los Angeles, CA 90035
Multifamily Property For Sale
·
8 Units
Investment Highlights
- High End Finishes
- Located just south of Pico Blvd
- 2 Parking spaces per unit
- Rentals below market rent
- Seller motivated to sell
- Each unit has an outdoor balcony
Executive Summary
EXECUTIVE SUMMARY
The exclusive listing agent is proud to present a rare opportunity to acquire a trophy-quality, newly
constructed (2024) 8-unit apartment building in the highly sought-after Pico Robertson
neighborhood— Beverly Hills adjacent. Building featuring eight modern, open-concept units designed for ultimate comfort and style. Each spacious apartment boasts high-end finishes, including sleek stone backsplashes, ample cabinetry, and stainless-steel appliances with a cooktop and hood. Perfect for entertaining, the living and dining areas flow seamlessly into the gourmet kitchen. Enjoy treetop and city views from Juliet balconies and patios, ideal for al-fresco dining or lounging. The building offers controlled-access subterranean parking, ensuring convenience and security. Located in the heart of Pico-Robertson, residents will have easy access to La Cienega, Pico Blvd, Beverly Hills, West Hollywood, and the greater Westside. The 10 Freeway is just a short drive away, making this an ideal location for urban living.
Built to an exceptional standard, this ±12,900 SF luxury asset features an ideal unit mix: SIX
expansive 3+2 plus patio/balcony and TWO 1+1 units
With only two units per floor, the building offers a sense of privacy and exclusivity rarely found in
multifamily investments.
Each unit is thoughtfully designed with high-end finishes and modern conveniences:
• Central HVAC
• In-unit washer/dryers
• Large, open-concept kitchens
• Lots of windows that flood the units with natural light
Additional amenities include ample parking (16 spaces), an elevator, and a Walk Score of 96—
placing residents steps away from some of the area’s most desirable restaurants and other amenities
With high-quality construction, a core-plus location, and strong tenant appeal, this asset stands
out as a premier investment in one of L.A.’s most stable and supply-constrained submarkets.
PROPERTY FACTS
The exclusive listing agent is proud to present a rare opportunity to acquire a trophy-quality, newly
constructed (2024) 8-unit apartment building in the highly sought-after Pico Robertson
neighborhood— Beverly Hills adjacent. Building featuring eight modern, open-concept units designed for ultimate comfort and style. Each spacious apartment boasts high-end finishes, including sleek stone backsplashes, ample cabinetry, and stainless-steel appliances with a cooktop and hood. Perfect for entertaining, the living and dining areas flow seamlessly into the gourmet kitchen. Enjoy treetop and city views from Juliet balconies and patios, ideal for al-fresco dining or lounging. The building offers controlled-access subterranean parking, ensuring convenience and security. Located in the heart of Pico-Robertson, residents will have easy access to La Cienega, Pico Blvd, Beverly Hills, West Hollywood, and the greater Westside. The 10 Freeway is just a short drive away, making this an ideal location for urban living.
Built to an exceptional standard, this ±12,900 SF luxury asset features an ideal unit mix: SIX
expansive 3+2 plus patio/balcony and TWO 1+1 units
With only two units per floor, the building offers a sense of privacy and exclusivity rarely found in
multifamily investments.
Each unit is thoughtfully designed with high-end finishes and modern conveniences:
• Central HVAC
• In-unit washer/dryers
• Large, open-concept kitchens
• Lots of windows that flood the units with natural light
Additional amenities include ample parking (16 spaces), an elevator, and a Walk Score of 96—
placing residents steps away from some of the area’s most desirable restaurants and other amenities
With high-quality construction, a core-plus location, and strong tenant appeal, this asset stands
out as a premier investment in one of L.A.’s most stable and supply-constrained submarkets.
PROPERTY FACTS
Property Facts
| Price Per Unit | $1,395,446 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 3.74% | Building Size | 12,800 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built/Renovated | 2024/2025 |
| Apartment Style | Mid-Rise | Parking Ratio | 1.25/1,000 SF |
| Zoning | LAR3 - Multiple Dwellings | ||
| Price Per Unit | $1,395,446 CAD |
| Sale Type | Investment |
| Cap Rate | 3.74% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 12,800 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built/Renovated | 2024/2025 |
| Parking Ratio | 1.25/1,000 SF |
| Zoning | LAR3 - Multiple Dwellings |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Patio
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $3,698 CAD | 809 |
| 1+1.5 | 1 | $4,117 CAD | 903 |
| 3+2 | 1 | $5,513 CAD | 1,118 |
| 3+2.5 | 3 | $6,832 CAD | 1,365 |
| 3+3 | 2 | $7,153 CAD | 1,289 |
Property Taxes
| Parcel Number | 4303-011-033 | Improvements Assessment | $528,295 CAD |
| Land Assessment | $2,264,128 CAD | Total Assessment | $2,792,423 CAD |
Property Taxes
Parcel Number
4303-011-033
Land Assessment
$2,264,128 CAD
Improvements Assessment
$528,295 CAD
Total Assessment
$2,792,423 CAD
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