1849 Beloit Avenue, Los Angeles, CA 90025
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
1849 Beloit Avenue,Los Angeles, CA 90025
$2,300,000
- 11 Beds
- 12 Baths
- 7,181 sq. ft.
- Multi-family
- Active
Listed by:kenny stevens
Office:compass
MLS#:25595113
Source:CRMLS
Price summary
- Price:$2,300,000
- Price per sq. ft.:$320.29
About this home
Positioned in the heart of Sawtelle, 1849 Beloit is a value-add multifamily complex surrounded by one of LA's most vibrant dining and cultural corridors. Just steps from the neighborhood's renowned Japantown stretch, tenants enjoy walkable access to an endless roster of restaurants, cafes, and dessert bars that draw foot traffic from across the city. Beyond its dining and retail scene, the property sits at the center of a high-income tenant base, surrounded by financial, legal, entertainment, and medical offices that line the Wilshire Corridor, from Beverly Hills to Santa Monica. Located near Westfield Century City, San Vicente Blvd in Brentwood, downtown Santa Monica, and UCLA, the address checks every box for location-driven renters. Built in 1965, the building features (3) 2-bdrm/2-bath units, (5) 1-bdrm. units, and (1) studio unit. Its mid-century exterior facade provides vintage charm, while the layouts inside emphasize functionality. Units feature a private patio or balcony. Property amenities include 2 tandem parking spaces in the front, approx. 5 parking spaces in the rear, soft-story retrofit completion (buyer to verify), and a community laundry room. 1849 Beloit is currently offered at $255,556 per unit and $320 per foot, offering approx. 59% rental upside. The property will stabilize at a 8.44% CAP and 8.78 GRM based on market rents. This is a classic West LA value-add: a well-located asset with character, upside, and reliable fundamentals in a location where tenants consistently pay premiums for lifestyle and access.
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Home facts
- Year built:1965
- Listing ID #:25595113
- Added:7 day(s) ago
- Updated:September 26, 2025 at 10:31 AM
Rooms and interior
- Bedrooms:11
- Total bathrooms:12
- Living area:7,181 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1965
- Building area:7,181 sq. ft.
- Lot area:0.16 Acres
Finances and disclosures
- Price:$2,300,000
- Price per sq. ft.:$320.29
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