
Closed Listing
11 Units in Beverlywood Sold @ 15.08 GRM
2009 preuss rd
sold in
Beverlywood
Sold At
$
4,170,000
10
Number of Units
1957
Year Built
8,912
SF
Square Footage
8,685
SF
Lot Size
LARD1.5
Zoning
2009 Preuss Rd, Los Angeles, CA 90034
About the Property
2009 Preuss Rd is a turnkey Pico-Robertson multifamily asset featuring eleven units in one of West Los Angeles’ most sought-after rental pockets. Located in the Beverlywood-adjacent section of the 90034 zip code, this pride-of-ownership building offers a rare opportunity to acquire a significantly renovated Los Angeles multifamily property with strong in-place income and minimal deferred maintenance. The property sits on an 8,685 square foot lot and consists of 8,912 square feet of livable space, offering excellent curb appeal and visibility on a quiet, tree-lined street.
The unit mix at 2009 Preuss Rd includes (1) studio, (7) one-bedroom units, and (3) two-bedroom units—all of which are bright, spacious, and thoughtfully laid out. Nine of the eleven units have been extensively upgraded with modern finishes and feature highly desirable amenities such as in-unit washer/dryers, recessed lighting, wood-style flooring, and remodeled kitchens and baths. These interior upgrades help attract quality tenants and minimize vacancy risk in an area that consistently commands premium rents.
Additional property highlights include 13 on-site parking spaces, prominent street frontage, and separate metering for gas and electricity, offering new ownership lower operational costs and easier management. Originally constructed in 1957, the building benefits from mid-century bones and a layout conducive to long-term tenant retention.
Positioned minutes from major employment centers, shopping, dining, and public transportation, 2009 Preuss Rd is an ideal investment for multifamily buyers seeking a stabilized Westside asset with long-term appreciation potential. With strong in-place rents, upside in the remaining unrenovated units, and a location that continues to outperform broader submarkets, this Pico-Robertson multifamily offering stands out as a compelling addition to any Los Angeles multifamily portfolio.
2009 Preuss Rd.
Culver City / Mar Vista / Palms
Offering Price
$4,170,000
Number of Units
10 Units
Price per. Unit
$417,000
Bldg. Size
8,912 SF
Price per Foot
$468
Lot Size
8,685 SF
Year Built
1957
Current CAP
4.14%
Market CAP
5.08%
Zoning
LARD1.5
Detailed Brochure on Real Estate Opportunities
Price P/ Unit
$417,000
Price p/ Sq. ft.
$468
Proforma Cap Rate
5.08%




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