Property Description

Right in the middle of the booming Downtown Culver City and Pico-Robertson, 1933 S. Bedford is an ideal 16-unit asset with “A” location. Located in one of the LA’s strongest rental markets, this is an ideal pickup for any exchange buyer or investor looking to own a unique asset with tons of upside. The Bedford St. Asset offers an ideal unit mix comprised of (2) 3-Bd/2-Ba, (10)2-Bd/2-Ba, (2) 2-Bd/1-Ba, (2) 1-Bd/1-Ba units. Three of the 2-Bed/2-Ba units will be delivered ready for market rents. All units are in great condition, and feature Hardwood flooring, Quartz Countertops, Dishwashers, A/C, new paint, and spacious master bathrooms. Units also come with their own private balconies. There is ample parking for all tenants, and the retrofitting has already been completed by the current owner. A massive property, Bedford St. comes with a beautiful courtyard and lobby. With proforma rents in place, the property will operate just under a 6% Cap and above a 12 GRM. Only minutes away from Millions of $ in development, this beautiful 16-unit is an ideal pickup for any exchange buyer or investor looking to own in one of Los Angeles’s top rental markets.