The Arch is a charming 7-unit boutique multifamily property located at 4715 Beverly Boulevard in the highly desirable Hancock Park Wilshire corridor of Los Angeles. Built in 1922 and thoughtfully updated to preserve its historic character, The Arch offers investors astable, fully leased income stream with a 4.00% cap rate… Read More and modest upside potential. This property is an ideal starter investment for those seeking entry into the Los Angeles multifamily market, with limited near-term capital needs thanks to comprehensive system upgrades and tasteful renovations throughout. Positioned near vibrant neighborhood amenities, transit, and educational institutions, The Arch combines classic architecture with modern conveniences making it an attractive asset for both tenants and owners alike. Read Less
Courtesy of Dover Management Corp. 818-843-5200
Listing Snapshot
Days Online
8
Last Updated
Property Type
Other
Beds
5
Square Ft.
4,872
Lot Size
0.17 Acres
Year Built
1922
MLS Number
25569653
30 Days Snapshot Of 90004
$2.70M
+8%
(avg) sold price
11
+83%
homes sold
56
-40%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Ceiling Fan
Building
4,872 sq ft, Built in 1922, Levels: Multi/Split
Cooling
Ceiling Fan
Disclosures
None
Garage
None
Heating
Wall
Lot
LotAcreage: 0.1666, LotSizeArea: 7,255
Parking
TotalParking: 7
Property
NumberOfUnits: 7, Zoning: LAR3
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