For Sale
$5,750,000

8926 Sawyer St Los Angeles, CA 90035

Five luxury townhomes, prime Beverlywood location.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional offering presents The Beverlywood Villas, a brand-new (2024) development of five luxurious three-story townhomes situated in the highly desirable Beverlywood neighborhood of Los Angeles. The property boasts a total of 8,241 square feet across two buildings, situated on a 7,650 square foot R3 zoned corner lot. Each of the five units features either three bedrooms and three bathrooms, or four bedrooms and four bathrooms, all with private two-car garages, offering electric car charging capabilities. High-end finishes are prevalent throughout, including wide oak-style flooring, high ceilings, recessed lighting, stainless steel appliances, and custom iron railings. Every unit includes a private rooftop deck providing panoramic city views, along with a private garden. The property is separately metered for gas, electric, and water, minimizing operating expenses. With a current pro-forma NOI of $303,640 and a 5.3% cap rate at the asking price of $5,750,000, this represents a compelling investment opportunity in a highly sought-after location. The units are currently vacant, presenting an immediate opportunity to establish market-rate rents, estimated at $6,250-$7,500 per month based on comparable rentals. The property's location offers easy access to major freeways, and proximity to Beverly Hills, Century City, West Los Angeles, and West Hollywood. This is a 1031 exchange eligible property, not subject to rent control, making it an attractive option for investors seeking a stable, high-return investment in a prime Los Angeles location.

Highlights

  • Luxury new construction multi-family property near Beverly Hills, ideal for 1031 exchange.
  • Five luxurious 3-story townhouse units totaling over 8,241 square feet, not subject to rent control.
  • Unit mix: three 3 bed/3 bath and two 4 bed/4 bath units, each with a private 2-car garage featuring electric charger capability.
  • Each unit boasts a private garden (front for 4-bed, rear for 3-bed) and expansive rooftop deck with city views.
  • High-end finishes include stainless steel appliances, high ceilings, recessed lighting, in-unit washer/dryer, and ample storage.
  • 7,650 square foot R3-zoned corner lot; separately metered utilities and tankless water heaters in each unit.

Property Details for 8926 Sawyer St

Property type
Apartment buildings
Square Feet
8,241 SF
Class
A
Year Built
2024
Buildings
2
Stories
3
Units
5

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0446854
Longitude
-118.3864372

FAQs

What type of property is this?
Apartment building - Five luxury townhomes, prime Beverlywood location.
Where is the apartment building located?
The property is located at 8926 Sawyer St Los Angeles, CA.
What is the asking price?
The asking price for this property is $5,750,000.
What are key features of this property?
This property features: Luxury new construction multi-family property near Beverly Hills, ideal for 1031 exchange.; Five luxurious 3-story townhouse units totaling over 8,241 square feet, not subject to rent control.; Unit mix: three 3 bed/3 bath and two 4 bed/4 bath units, each with a private 2-car garage featuring electric charger capability.
How can I contact the broker?
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8926 Sawyer St
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