We are pleased to present the opportunity to acquire 1489 South Canfield Avenue - a 15-unit apartment community located just south of Pico Boulevard between Doheny Drive and Robertson Boulevard, in Beverlywood.Originally constructed in 1964, this mid-sized apartment community offers an astute investor an excellent opportunity to enhance the asset as one of the fifteen units will be delivered vacant at close of escrow. The building is situated on a large 11,910 square foot parcel and consists of one three story structure above covered parking. The asset boasts large floor plans and a mix that consists of one studio unit that is approximately 500 square feet, two one-bedroom / one-bathroom units averaging 950 square feet, eleven two-bedroom / two-bathroom units averaging 1,300 square feet, and one three-bedroom / two-bathroom unit approximately 1,600 square feet.
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