2731 Beverly Boulevard

Los Angeles, CA 90026

$10,300,000
Price
66
Beds
66
Baths
24,795 Sq. Ft.
$415 / Sq. Ft.
24,795
Sq. Ft.
$415
per Sq. Ft.

Description

Gorgeous architecturally prominent 4 story building in the area referred to as "Rampart Village" that is quickly becoming the new Echo Park and Silverlake and minutes from Downtown LA. This property has undergone major renovations including new roof, new copper plumbing, new waste lines, updated electrical system, restored lobby and all common areas, updated windows, and thoughtfully renovated units. The units are large bachelors with full bathrooms and small kitchenettes. These units are bright...Gorgeous architecturally prominent 4 story building in the area referred to as "Rampart Village" that is quickly becoming the new Echo Park and Silverlake and minutes from Downtown LA. This property has undergone major renovations including new roof, new copper plumbing, new waste lines, updated electrical system, restored lobby and all common areas, updated windows, and thoughtfully renovated units. The units are large bachelors with full bathrooms and small kitchenettes. These units are bright with high ceilings and city views. Incredible lobby that welcomes the tenants . The units rent like hotcakes. This is the perfect "CASH FLOW" deal as all the heavy lifting is done. On site and off site management makes this an easy asset to handle. 65 units plus one large ground floor retail/ office/ live work space.
  1. Listed by Alex Galuz • DRE #01291486 • Brokerage DRE #01125362 • Keller Williams Realty Calabasas

Property Details for 2731 Beverly Boulevard

Zoning
LAC2
Style
Architectural
Parcel Number
5156020018
Total Units
66.0
Living Area
24795
Source Living Area
Vendor Enhanced
Area
Silver Lake (671)
Vacancy Rate
0
LISTING UPDATED: 01/15/2025 12:01 AM

Property Details for 2731 Beverly Boulevard

StatusActive
MLS #25-478225
Days on Market47
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1927
Lot Size0.16 AC / 6,829 SF
CountyLos Angeles County

Building Information for 2731 Beverly Boulevard

Stories4Residences-Year Built1927Building Size-Lot Size0.16 AC / 6,829 SF

Property Information for 2731 Beverly Boulevard

Community / Development
Community / Development
  • Number Of Units: 66
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 4
  • Number Of Buildings: 1
  • Type Of Units: studios
  • View: Yes
  • View Description: City
  • View: City Lights
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $956,000
  • Net Operating Income: $614,500.00
  • Gross Income: $985,500
  • Cap Rate: 6.00%
  • Gross Rent Multiplier: $9.00
  • Actual Gross Annual Income: $985,500
  • Vacancy Allow Percent: 3.00%
  • Total Annual Expense: 341500
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1568
  • Lot Size Square Feet: 6829
  • Lot Size Dimensions: 60x120
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: None
  • Total Parking: 0
  • Parking Features: None
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling: Wall/Window Unit(s), Heat Pump
  • Cooling Type: Wall/Window, Heat Pump(s)
  • Heating: Heat Pump
  • Heating Type: Heat Pump
  • Flooring: Hardwood
  • Equipment: Cable, Elevator, Microwave, Refrigerator
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 01-07-2025
Unit Details
Unit 1 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,200.00
  • Unit Actual Rent: $85,000.00
  • Unit Projected Rent: $74,000.00
  • Like Units: 63
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,600.00
  • Unit Actual Rent: $3,196.00
  • Unit Projected Rent: $3,600.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $4,561.00
  • Unit Actual Rent: $5,000.00
  • Unit Projected Rent: $4,561.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $8,577,615.00
  • Assessed Improvement Percent: 86.49
  • Assessed Land Value: $1,340,252.00
  • Assessed Land Percent: 13.51
  • Assessed Total Value: $9,917,867.00

Property History for 2731 Beverly Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2731 Beverly Boulevard

Taxable ValueLand$1,367,057Additions$8,757,227Total$10,124,284
Tax Record2024$123,761 ($10,313 / month)
Home Facts
Total Finished SqFt24,795 SqFtAbove Grade Finished SqFt24,795 SqFtStories1Lot Size6,827 SqFtStyleHotel / MotelYear Built1927ZoningLAC2CountyLOS ANGELESAPN5156-020-018

Schools near 2731 Beverly Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 1
Public - 2 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Lake Street Primary School
PublicK to 1

Rosemont Avenue Elementary School
Public2 to 5

Virgil Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2731 Beverly Boulevard is a multi-family home for sale in Los Angeles, CA 90026. This property was listed for sale on January 7, 2025 by Keller Williams Realty Calabasas, it's currently listed at $10,300,000. It has been on the market for a total of 47 days and was last sold on January 23, 2019. This listing's school district is Los Angeles Unified School District. Nearby schools include Lake Street Primary School, Rosemont Avenue Elementary School and Virgil Middle School. 2731 Beverly Boulevard is a 66-bed, 66-bath, 24,795 sqft multi-family home built in 1927.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Calabasas, Alex Galuz, DRE #01291486

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.