Los Angeles, CA 90025,1650 S BENTLEY AVE
Los Angeles, CA 90025,1650 S BENTLEY AVE
Los Angeles, CA 90025,1650 S BENTLEY AVE
Los Angeles, CA 90025,1650 S BENTLEY AVE
Los Angeles, CA 90025,1650 S BENTLEY AVE
Los Angeles, CA 90025,1650 S BENTLEY AVE
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$6,195,000

$5,950,000

4.1%
Est.Price: ?

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Est. payment /mo

22 Beds

16 Baths

13,293 SqFt


SOLD DATE : 03/15/2022

Key Details

Sold Price $6,195,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 13,293 sqft

Price per Sqft $466

MLS Listing ID 22122003

Sold Date 03/15/22

Bedrooms 22

HOA Y/N No

Year Built 1982

Lot Size 8,228 Sqft

Property Description

1650 S Bentley Avenue, a 100% vacant 9-unit, 3-story apartment building located in one of the most coveted rental markets in Los Angeles. The subject property is in the heart of West Los Angeles with Sawtelle Japantown steps away, Westwood Village and UCLA a short bicycle commute north, and neighboring Century City to the east and Santa Monica to the west. 1650 Bentley Ave is situated just north of Santa Monica Blvd, east of the 405 FWY and merely blocks away from Veterans Hospital. The neighborhood is considered a walker's paradise and boast a high Walkscore of 94/100, (meaning all errands can be done without a car).Built in 1982, the building doesn't fall under the Los Angeles City Rent Control, allowing an investor to collect market rents from nearby students or working professionals. All units have separate APN's. 1650 Bentley Ave offers buyers a desirable unit mix consisting of six three-bedroom/two-bathroom units and three two-bedroom/two-bathroom units, all in their original condition and ranging in size from 1,070 SF to 1,370 SF. Unique to the building is also the number of balconies per unit, every unit except for 101 (two balconies) have three balconies, offering a rare selling feature in today's market.The property, with 13,293 of rentable or sellable square feet on a 8,230 sf lot, features nine double parking spaces on-site that individually gated (20 total parking space), laundry hook-ups in the three-bedroom units, a community laundry room for the two-bedrooms and central air conditioning throughout. 1650 Bentley is being offered at price per unit of $661,111 and price per SF of $448.The West Los Angeles neighborhood continues to be a strong rental submarket with rising rents year over year and demand continuing, illustrated by the rapid growth of new developments. Residents have the convenience of amenities surrounding them on Santa Monica Blvd, Sawtelle Drive, just blocks away. Individual APN's for all units: 4324-032-088, 4324-032-089, 4324-032-090, 4324-032-091, 4324-032-092, 4324-032-093, 4324-032-094, 4324-032-095, 4324-032-096

Location

State CA

County Los Angeles

Area C05 - Westwood - Century City

Zoning [Q]R3-1-0

Interior

Interior Features Ceiling Fan(s)

Heating Natural Gas

Fireplace No

Appliance Refrigerator

Exterior

Parking Features Assigned, Door-Multi, Garage, Gated

Total Parking Spaces 20

Building

Story 3

New Construction No

Others

Senior Community No

Tax ID 4324032088

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Neema Ahadian • Marcus & Millichap
Bought with Neema Ahadian • Marcus & Millichap
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