1010 S Bedford Street, Los Angeles, CA 90035
Local realty services provided by:ERA North Orange County Real Estate
1010 S Bedford Street,Los Angeles, CA 90035
$3,800,000
- 27 Beds
- 27 Baths
- 12,915 sq. ft.
- Multi-family
- Active
Listed by: filip niculete, glen scher
Office: marcus & millichap818-212-2700
MLS#:26643475
Source:CRMLS
Price summary
- Price:$3,800,000
- Price per sq. ft.:$294.23
About this home
We are pleased to present 1010 S. Bedford Street, a 12-unit multifamily asset located in the highly sought-after Pico-Robertson / Beverlywood-adjacent submarket of West Los Angeles. Offered for the first time since 2007, this property represents a rare opportunity to acquire a well-maintained, professionally managed building with significant embedded rental upside in a supply-constrained, high-barrier location. Constructed in 1963, the three-story, elevator-served property features a highly desirable unit mix of large one- and two-bedroom apartments, with an average unit size exceeding 1,075 square feet. In-place rents remain approximately 27% below market, providing a clear and achievable path to income growth through natural turnover and modest interior enhancements, without reliance on aggressive repositioning or speculative assumptions. Long-term ownership has taken a proactive approach to capital stewardship, substantially reducing near-term maintenance risk. Major systems have been addressed over time, including electrical panel replacement, full window replacement, roof recoating, water heater replacement, and recent exterior repainting with fascia sealing. Combined with previously completed plumbing, elevator, and life-safety upgrades, the property offers investors a clean physical plant with minimal deferred maintenance exposure, allowing capital to be allocated toward revenue-generating improvements rather than infrastructure remediation. The asset is priced below replacement cost, offering investors an attractive basis in a market where new multifamily construction is increasingly cost-prohibitive. This positioning provides downside protection while enhancing long-term appreciation potential as rents are brought closer to market levels. Situated at the corner of Bedford Street and Olympic Boulevard, the property benefits from immediate proximity to Beverly Hills, Century City, Miracle Mile, and major employment centers including Cedars-Sinai Medical Center. Walkable access to Pico Boulevard retail and dining, combined with proximity to the Wilshire / La Cienega Metro D Line extension, further supports durable tenant demand and long-term rent growth. With large units, meaningful rental upside, extensive completed capital work, and nearly two decades of stable ownership, 1010 S. Bedford Street offers investors a low-risk value-add opportunity in one of Los Angeles' most resilient and supply-constrained rental corridors....
Contact an agent
Home facts
- Year built:1963
- Listing ID #:26643475
- Added:101 day(s) ago
- Updated:May 08, 2026 at 01:15 PM
Rooms and interior
- Bedrooms:27
- Total bathrooms:27
- Living area:12,915 sq. ft.
Structure and exterior
- Year built:1963
- Building area:12,915 sq. ft.
- Lot area:0.17 Acres
- Levels:Three Or More
Finances and disclosures
- Price:$3,800,000
- Price per sq. ft.:$294.23
Parking
- Total parking spaces:12
- Parking description:Underground
New listings near 1010 S Bedford Street
- New
$999,000Active3 beds 2 baths1,286 sq. ft.2345 W 30th Street, Los Angeles, CA 90018
MLS# 26830817Listed by: COMPASS - New
$730,000Active4 beds 3 baths2,032 sq. ft.12642 Ralston Avenue #1, Sylmar, CA 91342
MLS# SR26099624Listed by: PARK REGENCY REALTY - Open Sat, 2 to 4pmNew
$920,000Active3 beds 2 baths1,764 sq. ft.23741 Archwood St, West Hills, CA 91307
MLS# SR26099432Listed by: PARK REGENCY REALTY - Open Sun, 2 to 5pmNew
$1,899,000Active3 beds 2 baths1,375 sq. ft.12319 Greene Avenue, Los Angeles, CA 90066
MLS# 26655201Listed by: REAL BROKER - Open Sat, 2 to 5pmNew
$2,798,000Active5 beds 4 baths2,332 sq. ft.429 N Arden Boulevard, Los Angeles, CA 90004
MLS# 26831349Listed by: GLS REAL ESTATE GROUP - New
$250,000Active0.09 Acres8501 Towne, Los Angeles, CA 90003
MLS# DW26099778Listed by: BIG BLOCK POWERHOUSE REALTY - New
$484,900Active2 beds 3 baths1,160 sq. ft.8927 Cedros Avenue #8, Panorama City, CA 91402
MLS# PW26100442Listed by: COMPASS - Open Sat, 12 to 5pmNew
$995,000Active3 beds 3 baths2,101 sq. ft.7330 De Soto, Canoga Park, CA 91303
MLS# SR26094169Listed by: HEWITT ROLLE - New
$999,999Active3 beds 2 baths1,544 sq. ft.22201 Schoolcraft, Canoga Park, CA 91303
MLS# SR26100430Listed by: FINANCIAL CHOICE SERVICES - New
$2,987Active4 beds 2 baths1,344 sq. ft.523 W 102nd, Los Angeles, CA 90044
MLS# SR26100463Listed by: PAK HOME REALTY