$3,275,000

Crestview Residences is a 12-unit garden-style multifamily property located at 2015 and 2021 Chariton Street in the Beverlywood Vicinity of Los Angeles. Built in 1961, the property comprises two adjacent six-unit buildings on separate APNs, totaling approximately 12,680 square feet of building area on approximately 12,557 square feet of combined land. The property features a distinctive unit mix of ten three-bedroom/two-bath residences and two studio/one-bath residences. Its concentration of spacious three-bedroom floor plans differentiates the asset from communities composed primarily of smaller units and may appeal to households seeking additional living space in a centrally located, Westside-adjacent neighborhood. The garden-style community features mature landscaping, a central water feature and mid-century architectural details. Select residences include private patios or balconies. Community amenities include controlled parking, two laundry rooms and five storage lockers. Ownership has completed several important building improvements, including a soft-story seismic retrofit, gas shut-off valves for both buildings and partial vinyl-window replacements. Gas and electricity are individually metered, supporting the propertys operating profile and providing a well-maintained foundation for continued ownership. Crestview Residences combines established income with long-term value-add potential supported by the difference between current and projected market rents. Its large-unit mix, garden-style setting and central location provide multiple avenues for income growth and l