38
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$12,500,000
Est. payment /mo
42 Beds
42 Baths
22,445 SqFt
Active
1070 S Bedford ST Los Angeles, CA 90035
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 22,445 sqft
Price per Sqft $556
MLS Listing ID 26651659
Bedrooms 42
HOA Y/N No
Lot Size 5,762 Sqft
Property Description
** Rare assumable 3.8% interest rate financing on a $7.5M loan balance, roughly 2% below current market rates, creating the potential for hundreds of thousands in payment savings versus new financing today. Approximately 1 year of interest-only payments remaining, followed by 5 years of principal & interest payments. Assumption subject to lender approval and buyer qualifications; buyer to cover assumption costs. Loan details to be verified during escrow.** Bedford Suites is a newer constructed 20-unit luxury apartment community located in the highly sought-after Beverlywood neighborhood, a premier Westside enclave adjacent to Beverly Hills. Built in 2020, the property offers modern design, strong in-place cash flow, and multiple paths for upside, making it an ideal opportunity for both core-plus and value-add investors. The property will be delivered fully stabilized, providing immediate income, with the optional ability to deliver up to nine (9) units vacant, allowing an incoming buyer to implement a value-add strategy through lease-up, rent optimization, or operational repositioning. Bedford Suites was designed to meet the expectations of today's Westside renter. Units feature Italian-inspired kitchens with quartz countertops, stainless steel appliances, custom wood cabinetry, glass tile backsplashes, and open-concept floor plans filled with natural light. Each bedroom includes an en-suite bathroom, custom closets, LED lighting, and high-quality finishes throughout. Select building amenities include free building Wi-Fi, solar shades, and secure underground parking.Location Highlights Beverlywood / Beverly Hills AdjacentSituated in the heart of the Westside, Bedford Suites benefits from its Beverly Hills adjacency, offering tenants proximity to world-class dining, retail, employment hubs, and lifestyle amenities while maintaining a quieter residential setting. The Beverlywood area is consistently recognized for strong rental demand, limited new supply, and long-term value preservation. Contact for the Offering Memorandum and contact for closing details.
Location
State CA
County Los Angeles
Area C19 - Beverly Center-Miracle Mile
Zoning LAR3
Interior
Heating Central
Cooling Central Air
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Disposal, Microwave, Refrigerator, Washer
Laundry Stacked
Exterior
Parking Features Assigned, Garage, Garage Door Opener, One Space, Community Structure, Side By Side, Tandem
Total Parking Spaces 40
Building
Story 4
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4332021026
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
Listed by Fred Nabati Trimax Realty, Inc. #01276914
Nearby Locations
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