11 months on rocket

1142 S Bedford St, Los Angeles, CA, 90035

$2,260,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
6 Baths
4,865 SqFt
$465/SqFt
House
Schools Nearby

Location

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1142 S Bedford St, Los Angeles$2,260,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingCarport
Year Built1955
MLS #23268253
Lot Size0.15 Acres
StatusActive

About 1142 S Bedford St

1142 South Bedford Street offers a rare opportunity for investors seeking a 5% CAP rate on a 6 unit investment property just 3 blocks from Beverly Hills, in the prime Pico-Robertson area of Beverlywood. Unit mix consists of four (4) 1 bedroom / 1 bathroom units along with two (2) 2 bedroom / 1 bathroom units. Built in 1955, each unit features a spacious living area, hardwood floors, one or two bedrooms, and a full bathroom. All six units are currently leased at below market rents, providing a steady stream of income with huge upside for the new owner. The property also includes a shared laundry room and a detached 4-car carport with ADU potential. With a strong rental history, LAR3 zoning and prime location, this 6-unit building is an excellent investment opportunity that should not be missed. Please do not disturb tenants.

Property Details

Property Features

Property Information:

  • Year Built: 1955
  • Stories: 2
  • Living Area: 4,865 SqFt

Listing Office:

  • Office Name: Carolwood Estates
  • Office Phone: (310) 623-3600
  • Listing Agent: David Yadegaran

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Parking: Carport

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

School Info

Assigned Schools Information:

  • Fairfax Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Ralph Waldo Emerson Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Carthay Center Elementary School, Public District Grades KG-6
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: North of Pico

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,260,000
  • Price Per SqFt: $465/SqFt

Tax Information:

  • Annual Amount: $10,396
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Map thumbnail provided by MapBox

Los Angeles, CA

City

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

1142 S Bedford St vs Los Angeles

357 DAYS ON ROCKET

+323 Days

$2,260,000

+$1.2M More

$465/SqFt

-$163 Less

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $163/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #23268253

Listing Office:

  • Office Name: Carolwood Estates
  • Office Phone: (310) 623-3600
  • Listing Agent: David Yadegaran

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 5:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$10,396$799,477
2020$10,105$791,281
2019$9,986$775,766
2018$9,740$760,556
2017$9,740$745,644

History based on county public records data.

Payment Calculator

$11.3K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,842

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3538212
7
/10

  • Carthay Center Elementary School

  • 6351 W Olympic Blvd

  • 0.68 miles

  • Public District Grades KG-6

school-card-donut-3538213
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 2.79 miles

  • Public Magnet Grades KG-6

school-card-donut-3538214
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 17.61 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-3538215
6
/10

  • Ralph Waldo Emerson Middle School

  • 1650 Selby Ave

  • 3.18 miles

  • Public District Grades 6-8

school-card-donut-3538216
4
/10

  • Studio

  • 2211 W Avenue 30

  • 8.88 miles

  • Public District Grades 6-8

High School

school-card-donut-3538217
4
/10

  • Fairfax Senior High School

  • 7850 Melrose Ave

  • 2.23 miles

  • Public Magnet Grades 9-12

school-card-donut-3538218
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 9.71 miles

  • Public Magnet Grades 9-12

school-card-donut-3538219
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 11.66 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,074. Most Los Angeles, CA residents have annual incomes less than $35k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1142 S Bedford St

What is the listing price of this property?

The listing price of 1142 S Bedford St property is $2,260,000.

What type of property is this?

The property 1142 S Bedford St is a house located in Los Angeles, California, 90035.

Is this property for sale now?

Active Listing: 1142 S Bedford St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1142 S Bedford St are:
Carthay Center Elementary School: GreatSchools Rating 7/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Ralph Waldo Emerson Middle School: GreatSchools Rating 6/10
Studio: GreatSchools Rating 4/10
Fairfax Senior High School: GreatSchools Rating 4/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $10,396 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1142 S Bedford St has 8 bedrooms and 6 bathrooms.

What is the square footage of this property?

The property 1142 S Bedford St is 4,865 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1142 S Bedford St is 1955.

Rocket Homes›California›Los Angeles County›Los Angeles›90035›1142 S Bedford St

This home is located at 1142 S Bedford St in Los Angeles, CA and zip code 90035 in the Pico Robinson neighborhood. This 4,865 square foot home, which was built in 1955, sits on a 0.15 acre lot. Features: 8 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since May 09, 2023 and is currently priced at $2,260,000.

Over 628 listings were sold over their listed price in March 2024 in Los Angeles, CA. In the same period over 579 listings were sold below the listed price and 196 listings were sold for the listed price. In March 2024 in Los Angeles, CA there were 10.8% more homes for sale than in February 2024. Listings spent 34 days on the market in March 2024, and had a median list price of $975,970 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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