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1138 Cardiff Avenue, Los Angeles, CA 90035

Property

1138 Cardiff Avenue, Los Angeles, CA 90035 Sold August 2024 CRMLS
$2,100,000Sold August 2024

Listing Agent: Jake Glaser (DRE #02128816) · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-425-9838 · Bought with: Jake Glaser · Lyon Stahl Investment Real Estate, Inc. · MLS #24389431 · Source: CRMLS

9
Bedrooms
9
Bathrooms
6,338
Sq Ft
6,076 sqft
Lot Size
1954
Year Built
Property
Type
2
Stories
None
Cooling
NaturalGas
Heating

About this property

Fantastic 7-unit investment property located in Los Angeles, directly adjacent to Beverly Hills. The building features 7 units and 6,338 square feet of living area in total, with (5) 1-bed / 1-bath units & (2) 2-bed / 2-bath units. The building also includes a community laundry area and parking for up to 6 vehicles. Additionally, the soft story retrofit has been completed and earthquake gas shut off valves have already been installed. 1138 Cardiff Ave provides savvy investors the opportunity to capitalize on over 45% upside on the current rents. Offered at a competitive basis, this property is nestled in one of the highest demand pockets of the Pico-Robertson neighborhood, directly adjacent to prime Beverly Hills.

Listing description from the August 2024 sale, as reported to CRMLS.

Sale history

$2,100,000
Sold August 2024 · listed $2,250,000, orig. $2,400,000, on market May 2024 · MLS #24389431 · Source: CRMLS
Listing Agent: Jake Glaser · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-425-9838 · Bought with: Jake Glaser · Lyon Stahl Investment Real Estate, Inc.
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