2016 S Bedford Ave, Los Angeles, California 90034, Los Angeles, 90034 - 0 bed, 0 bath
Loading property details...
Los Angeles, California 90034
Analysis of 2016 S Bedford Ave, Los Angeles, California 90034 is currently available with a list price of $1,999,999. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1960, this 6-unit property is explicitly marketed as a 'value-add' opportunity requiring substantial rehabilitation. Interior images reveal units in a state of disrepair or mid-renovation, featuring unfinished drywall, soiled carpeting, and construction debris, with fixtures like sinks sitting uninstalled on the floor.
With four units currently vacant and one in the process of being delivered vacant, this property allows for immediate repositioning and leasing at market rates without the constraints of long-term, low-rent tenancies.
The building features five large 3-bedroom, 2-bathroom units over 1,100 sq. ft. each, a rare and highly desirable configuration that attracts premium tenants and commands higher rental income than standard smaller units.
Strategically situated between Culver City and Beverly Hills in the Beverlywood vicinity, the property is located in a high-demand rental corridor near major employment centers and luxury amenities.
As a value-add opportunity, the property requires significant upfront capital investment for renovations and improvements to achieve the projected market rents.
With the majority of units currently vacant, the property offers minimal in-place income, requiring the investor to cover carrying costs during the renovation and stabilization phase.
RARE VALUE-ADD OPPORTUNITY – 6 UNITS IN PRIME LOCATION!!! Exceptional investment opportunity in one of Los Angeles’ most desirable rental corridors. This 6-unit property offers significant upside potential through lease-up and repositioning. UNIT MIX: • 5 Spacious Units: 3-bedroom, 2-bath (each over 1,100 sq ft) • 1 Studio Unit VALUE-ADD POTENTIAL: • 4 Units Vacant – Some improvements needed, offering strong potential to achieve market rents • 1 Unit in Process to be Delivered Vacant – Future upside upon turnover (buyer to verify) • 1 Unit Occupied – Provides in-place income PRIME LOCATION: Strategically located between Culver City and Beverly Hills, near major employment centers, shopping, dining, and entertainment. This highly desirable area continues to experience strong rental demand and long-term growth. Ideal for investors seeking a value-add asset with strong rental upside in a premier Los Angeles location. A comparable condominium located next door at 2012 S. Bedford St #4, Los Angeles, CA 90034, which has the same floor plan and has been remodeled, was rented for $4,170 on July 2, 2026, according to the MLS.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 4.7 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 6,384 | 7,776.5 | 50% |
| Lot Size | 6,299 | 10,652 | 50% |
| Price | $2.00M | $2.50M | 50% |
| Price per sq ft | $313 | $320 | 50% |
| Built year | 1960 | 1957 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 152 | 50% |
Mar 22, 2026
$1,999,999
Initial Listing