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Park West Terrace 1441 S Beverly Glen Blvd 71 Unit Apartment Building $24,592,750 CAD ($346,377 CAD/Unit) 5.27% Cap Rate Los Angeles, CA 90024



Investment Highlights
- First Time For Sale in 31 Years!
- Prime Westwood Location – Highly Walkable Neighborhood
- Unit mix consisting of sixty three (63) Singles and eight (8) 1+1
- 71-Unit Apartment Building – 1953 Construction
- Immediate Access to Trendy Dining, Boutique Shopping & Entertainment
- 63 On-Site Parking Spaces and Laundry Facilities
Executive Summary
1441 S. Beverly Glen Boulevard presents a rare opportunity to acquire a well-located, 71-unit multifamily asset in the highly desirable West Los Angeles market. Built in 1953, the property consists of 63 studio units and eight one-bedroom/one-bathroom units, totaling approximately 41,859 square feet of building area on a substantial 29,021-square-foot lot. The property’s efficient unit mix and significant scale provide investors with the opportunity to acquire a sizeable apartment community in an area where assets of this size are infrequently available.
Ideally situated along the Beverly Glen corridor, the property offers convenient access to UCLA, Century City, Beverly Hills, Westwood, and many of the Westside’s premier employment centers, entertainment destinations, retail amenities, and dining options. Its central location provides residents with convenient connectivity throughout the Westside and places the property near several of Los Angeles’ most prominent business and educational hubs.
Supported by the area’s limited housing supply, strong renter demographics, and proximity to major employment drivers, 1441 S. Beverly Glen Boulevard offers investors a compelling opportunity to establish a meaningful presence in one of Los Angeles’ most desirable and supply-constrained rental markets. The property’s scale, location, and predominantly studio unit mix make it a distinctive investment offering with the potential for long-term income growth and value appreciation.
Ideally situated along the Beverly Glen corridor, the property offers convenient access to UCLA, Century City, Beverly Hills, Westwood, and many of the Westside’s premier employment centers, entertainment destinations, retail amenities, and dining options. Its central location provides residents with convenient connectivity throughout the Westside and places the property near several of Los Angeles’ most prominent business and educational hubs.
Supported by the area’s limited housing supply, strong renter demographics, and proximity to major employment drivers, 1441 S. Beverly Glen Boulevard offers investors a compelling opportunity to establish a meaningful presence in one of Los Angeles’ most desirable and supply-constrained rental markets. The property’s scale, location, and predominantly studio unit mix make it a distinctive investment offering with the potential for long-term income growth and value appreciation.
Property Facts
| Price | $24,592,750 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $346,377 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.67 AC |
| Cap Rate | 5.27% | Building Size | 41,859 SF |
| Gross Rent Multiplier | 10.73 | Average Occupancy | 93% |
| No. Units | 71 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1953 |
| Property Subtype | Apartment | Parking Ratio | 1.51/1,000 SF |
| Zoning | R3-1-0, Los Angeles | ||
| Price | $24,592,750 CAD |
| Price Per Unit | $346,377 CAD |
| Sale Type | Investment |
| Cap Rate | 5.27% |
| Gross Rent Multiplier | 10.73 |
| No. Units | 71 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.67 AC |
| Building Size | 41,859 SF |
| Average Occupancy | 93% |
| No. Stories | 3 |
| Year Built | 1953 |
| Parking Ratio | 1.51/1,000 SF |
| Zoning | R3-1-0, Los Angeles |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Refrigerator
- Range
- Carpet
Site Amenities
- Laundry Facilities
- Property Manager on Site
- Gated
- Trash Pickup - Door to Door
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 63 | - | 400 |
| 1+1 | 8 | - | 650 |
1 1
Very walkable
80/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 4327-004-012 | Improvements Assessment | $4,923,287 CAD |
| Land Assessment | $2,360,501 CAD | Total Assessment | $7,283,788 CAD |
Property Taxes
Parcel Number
4327-004-012
Land Assessment
$2,360,501 CAD
Improvements Assessment
$4,923,287 CAD
Total Assessment
$7,283,788 CAD
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Park West Terrace | 1441 S Beverly Glen Blvd
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