1010 S Bedford Street, Los Angeles, CA 90035
Local realty services provided by:CENTURY 21 Fort Bragg Realty
1010 S Bedford Street,Los Angeles, CA 90035
$3,900,000
- 27 Beds
- 27 Baths
- 12,915 sq. ft.
- Multi-family
- Active
Listed by: filip niculete, glen scher
Office: marcus & millichap
MLS#:26643475
Source:CRMLS
Price summary
- Price:$3,900,000
- Price per sq. ft.:$301.97
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:1 day(s) ago
- Updated:January 27, 2026 at 01:25 AM
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
Finances and disclosures
- Price:$3,900,000
- Price per sq. ft.:$301.97
New listings near 1010 S Bedford Street
- New
$825,000Active2 beds 2 baths4206 Lowell, Los Angeles, CA 90032
MLS# AR26016833Listed by: SEVEN GABLES REAL ESTATE - New
$899,000Active8 beds 4 baths5604 Fortuna, Los Angeles, CA 90011
MLS# IG26018869Listed by: REALTY ONE GROUP WEST - New
$665,000Active2 beds 2 baths735 sq. ft.1619 W 68th, Los Angeles, CA 90047
MLS# PW26018158Listed by: KHORR REALTY - New
$985,000Active3 beds 2 baths1,714 sq. ft.10532 Eton, Chatsworth, CA 91311
MLS# SR25279063Listed by: RODEO REALTY - New
$749,000Active0 Acres22882 Trigger St, Chatsworth, CA 91311
MLS# SR26018794Listed by: SYNC BROKERAGE, INC. - New
$750,000Active2 beds -- baths2,136 sq. ft.1068 Mcdonald Avenue, Wilmington (los Angeles), CA 90744
MLS# CL26641489Listed by: INGENIOUS ASSET GROUP, INC. - New
$2,895,000Active3 beds 3 baths2,095 sq. ft.2612 Carman Crest Drive, Los Angeles, CA 90068
MLS# CL26643363Listed by: COMPASS - Open Fri, 11am to 1pmNew
$965,000Active4 beds 3 baths2,004 sq. ft.8346 Moorcroft Avenue, West Hills, CA 91304
MLS# 226000390Listed by: COLDWELL BANKER REALTY - New
$1,099,000Active2 beds 2 baths1,279 sq. ft.10501 Wilshire Boulevard #1710, Los Angeles, CA 90024
MLS# 26642445Listed by: RODEO REALTY - New
$1,050,000Active12 beds 6 baths4,048 sq. ft.610 E 24th Street, Los Angeles, CA 90011
MLS# 26642977Listed by: REDPOINT REALTY