Executive Summary

The Neema Group of Marcus & Millichap is pleased to present a multifamily investment opportunity in an A+ trophy location on a corner lot at 1301 S Beverly Glen Blvd in Westwood located between Santa Monica Blvd and Wilshire Blvd and less than a mile from Century City and the Wilshire Corridor

§

The property features five spacious units, three 1+1.5’s and two 2+2’s with 12 parking spaces, including three double garages; three units have been extensively renovated with in-unit washers and dryers, recessed lighting, new double-pane windows, base moldings, hardwood floors, stainless-steel appliances, custom dark wood cabinetry, double sink vanities, tile showers with separate tubs, central heat and air, and new electrical and plumbing

§

All units have private outdoor space; three of five units have large patios facing S Beverly Glen with unbeatable views of Century City

§

One of the renovated one-bedrooms (850 SF) will be delivered vacant at the close of escrow; ideal for an owner user or opportunity to rent at market immediately

§

This offering represents an exceptional opportunity to acquire a well-maintained property with no deferred maintenance and strong existing cash flow with an additional 33% rental upside achievable as the proven renovation plan is continued

§

Ideal location for residents to commute to nearby employment hubs and commutes to Downtown Westwood, Century City, Beverly Hills, West Hollywood, and the Westside

§

Located in an affluent neighborhood with a significant affordability gap between renting and home ownership; within a two-mile radius of 1301 S Beverly Glen Blvd, the median home value is over $1.1 million, and the average household income is over $132,000

§

Located just minutes from one of Los Angeles’ premier shopping and lifestyle destinations, Westfield Century City, featuring luxury retailers, top-tier dining, and entertainment options