3833 Beethoven, Los Angeles, CA 90066
3833 Beethoven, Los Angeles, CA 90066
3833 Beethoven, Los Angeles, CA 90066
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$1,450,000
Est. payment /mo
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4 Beds
3 Baths
5,256 Sqft Lot
New

3833 Beethoven Los Angeles, CA 90066

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Jeremy Beck- Admin

Jeremy Beck- Admin

+1(858) 395-1114

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26238374

Bedrooms 4

Lot Size 5,256 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Presenting 3833 Beethoven Street, a well-located 3-unit multifamily investment opportunity in the desirable Mar Vista neighborhood of Los Angeles. Offered at $1,450,000, the property features approximately 2,112 SF of building area situated on a 5,256 SF lot. The property consists of a detached front house built in 1949, featuring (1) 2-bedroom/1-bathroom unit totaling approximately 887 SF, and a rear building built in 1964, consisting of (2) 1-bedroom/1-bathroom units, each measuring approximately 612.5 SF, for a combined 1,225 SF. The property generates $103,020 in annual scheduled gross income, providing investors with a 4.87% current cap rate and 14.07 GRM. With approximately 11% rental upside, projected annual scheduled income increases to $114,000, resulting in a 5.59% pro forma cap rate and 12.72 GRM. Ideally situated in Mar Vista, the property offers convenient access to Venice, Culver City, Santa Monica, and major Westside employment centers. Its desirable location, detached front residence, and separate rear duplex present an attractive opportunity for investors seeking long-term appreciation and rental income. The property may also appeal to an owner-user interested in occupying one residence while generating income from the remaining units, subject to applicable tenancy and occupancy requirements.

Location

State CA

County Los Angeles

Zoning Assessor

Direction From Centinela Ave, head west on Venice Blvd, turn left onto Beethoven St, and continue to 3833 Beethoven St, Los Angeles, CA 90

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 4236012032

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

MLS Router / San Diego MLS
Listed by Cameron Samimi, DRE#02035763 Lyon Stahl Investment Real Estate, Inc. 
Co-listed byMolly First • Lyon Stahl Investment Real Estate, Inc.

NEARBY SCHOOL & BUSINESS

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Jeremy Beck- Admin

Jeremy Beck- Admin

Co-Founder / Mortgage Planner License ID: 322621

+1(858) 395-1114

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3833 Beethoven

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