853 S Bedford St, Pico-Robertson , LA, CA

SOLD | Los Angeles Multi-Unit Investment Property | Represented by Sharlot Arabshahi

Another successful transaction by Sharlot Arabshahi, your trusted Realtor in Beverly Hills and greater Los Angeles. This rare six-unit residential investment property has officially sold.

Situated on a 6,601 sq ft lot, the property encompasses 5,325 sq ft of living space and features an attractive unit mix of four 1-bedroom units and two 2-bedroom units. Offered for sale for the first time in more than six decades, this unique opportunity attracted investors seeking value-add potential in one of Los Angeles’ most established residential neighborhoods.

Ideally positioned near a local park and within proximity to highly rated schools, the property combines a desirable location with strong long-term investment appeal. Traditional architectural elements, wood flooring, city views, and separately metered gas and electricity services further contributed to its market interest. At the time of sale, four of the six units were vacant, providing buyers with immediate opportunities for renovation, repositioning, or income optimization.

Sold on May 24, 2024, after 185 days on the market, the property closed at approximately $451 per square foot. Its combination of rental income potential, development opportunities, and prime Los Angeles location made it a standout acquisition for the new owner.

From marketing strategy and negotiations to the successful closing, Sharlot Arabshahi guided the transaction with the professionalism, market knowledge, and dedication that have helped generate more than $700 million in career sales volume.

Whether you’re buying, selling, or investing in residential or multi-family properties throughout Los Angeles and Beverly Hills, Sharlot Arabshahi delivers exceptional results.

📞 Call (310) 756-4814 or visit sharlotshahi.net