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Listed by Jason Tuvia of Marcus & Millichap

Listing Sold by Marcus & Millichap
We are pleased to present a nine (9) unit multifamily property located at 321 South Hamel Road in Los Angeles, California. The property is situated in a prime Beverly Grove location just south of West 3rd Street east of La Cienega Boulevard, minutes from some of the best entertainment and retail in all of Los Angeles. Originally built in 1958, this recently partially renovated apartment building contains a good unit mix of six (6) one-bedroom / one-bathroom units, two (2) two-bedroom / one-bathroom unit, and one (1) one-bedroom / one-bathroom ADU unit. The property is located in the sought-after Beverly Grove area of Los Angeles, California. Situated adjacent to some of the best entertainment, retail, and restaurant amenities that LA has to offer, this property boasts an unbeatable location. The property features a good unit mix with strong rental upside, making it an excellent investment opportunity. The large luxury units are designed with high-end amenities, offering residents a comfortable and luxurious living experience. Additionally, units 1, 2, 3, 4, 5, and 8 have been renovated to provide modern finishes and updated appliances. Recently completed, the 550 SF ADU 1+1 unit comes equipped with a washer and dryer, offering convenient and comfortable living accommodations for tenants. On-site laundry facilities are also available for resident use. The property features on-site covered parking, providing tenants with a safe and secure place to park their vehicles. Situated in a prime Beverly Grove location this offering presents an excellent opportunity for any investor to acquire a partially renovated apartment building walking distance to some of the best retail in all of LA.

Property Details of 321 S Hamel Road

Property Details

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Based on information submitted to CRMLS as of December 2, 2023 11:51 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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