$2,050,000
The Arch, is a charming 7-unit boutique multifamily property located at 4715 Beverly Boulevard in the highly desirable Hancock Park Wilshire corridor of Los Angeles. Built in 1922 and thoughtfully updated to preserve its historic character, The Arch offers investors astable, fully leased income stream with a 6.70% cap rate and modest upside potential. This property is an ideal starter investment for those seeking entry into the Los Angeles multifamily market, with limited near-term capital needs thanks to comprehensive system upgrades and tasteful renovations throughout. Positioned within walking distance of vibrant neighborhood amenities, transit, and educational institutions, The Arch combines classic architecture with modern conveniences making it an attractive asset for both tenants and owners alike.
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Listed by Douglas Steinriede with Dover Management Corp. (818) 843-5200
Property Type
Residential Income
Status
Active
MLS Number
26666389
Year Built
1922
Lot Size
7,257 sq ft