Beverly Center-Miracle Mile (C19) Homes with Apartment Subtype

Welcome to the vibrant and eclectic Beverly Center-Miracle Mile area, a gem nestled in the heart of Los Angeles, California. This dynamic neighborhood is a perfect blend of culture, convenience, and community, making it an ideal place to call home.

Beverly Center-Miracle Mile is renowned for its rich tapestry of art, history, and modern living. The area boasts a diverse range of attractions, from the iconic Los Angeles County Museum of Art (LACMA) to the stunning La Brea Tar Pits. Stroll through the streets lined with trendy boutiques, gourmet eateries, and lively cafes that cater to every palate. With a plethora of shopping options, including the upscale Beverly Center, residents enjoy the luxury of having world-class retail therapy right at their doorstep.

When it comes to housing, this neighborhood offers an array of homes with apartment subtypes, catering to various lifestyles and preferences. Whether you’re seeking a chic studio, a spacious two-bedroom, or a stylish loft, Beverly Center-Miracle Mile has something for everyone. Many of these residences feature modern amenities, open floor plans, and breathtaking views of the city skyline, providing both comfort and sophistication.

The community is well-connected, with easy access to public transportation and major highways, making it a breeze to explore all that Los Angeles has to offer. With its vibrant atmosphere, cultural landmarks, and diverse housing options, Beverly Center-Miracle Mile is not just a place to live; it’s a lifestyle waiting to be embraced. Come discover your new home in this enchanting part of Los Angeles!

Newest Beverly Center-Miracle Mile (C19) Homes with Apartment Subtype

$1,895,000

SB26159535 MLS ⋅ Active Status

116 S Kings Rd presents a rare Beverly Grove value-add opportunity just south of Beverly Blvd and west of La Cienega, surrounded by some of LA’s strongest rental demand drivers including 3rd Street, The Grove, Cedars-Sinai, West Hollywood, and Beverly Hills. The property is comprised of spacious townhouse-style units, totaling approximately 3,460 rentable square feet, and offers a desirable low-density layout with private entrances and strong long-term tenant appeal. The asset is fully occupied and provides stable in-place income, while still offering significant upside through rent repositioning. Current scheduled rents are approximately $8,493/month compared to projected rents of approximately $20,400/month, creating substantial future income growth in one of Los Angeles’ most sought-after rental submarkets. Situated on a 7,000+ SF LAR3-zoned lot, the property offers the potential to add up to 3 ADUs (buyer to verify), providing investors with a clear opportunity to increase cash flow and maximize long-term value. For investors seeking a larger redevelopment or expansion opportunity, the neighboring property may also be available for purchase, creating the potential for an assemblage and a larger-scale development strategy in a premier Beverly Grove location. Buyer to verify all development potential.

116 S Kings, Los Angeles

$2,300,000

SB26130250 MLS ⋅ Active Status

1117 S Spaulding Ave presents the opportunity to acquire a 12-unit apartment building in the heart of Mid-Wilshire, just minutes from Fairfax, Miracle Mile, Beverly Grove, Pico-Robertson, and Museum Row. The property sits on an 8,559 SF LAR3-zoned lot and features 9,132 SF of improvements with a strong unit mix of (1) 3+1 unit and (11) 1+1 units. The location is one of the strongest parts of the story. Tenants are minutes from The Grove, Farmers Market, LACMA, the Academy Museum, Beverly Center, Cedars-Sinai, and the Wilshire/Fairfax Metro D Line station. Metro’s D Line extension now connects Miracle Mile to Koreatown and Downtown LA, while LACMA’s new David Geffen Galleries recently opened nearby, adding another major demand driver to the area. At $2,300,000, the asset is priced at $192K per unit and approximately $252 per SF, below the nearby sales-comp averages shown in the OM. With a central Mid-Wilshire location, meaningful income upside, and an attractive basis in a high-barrier-to-entry rental market, 1117 S Spaulding Ave offers investors a clear value-add opportunity in one of Los Angeles’ most desirable infill submarkets.

1117 S Spaulding, Los Angeles

$2,495,000

SB25252589 MLS ⋅ Active Status

*DEVELOPMENT OPPORTUNITY* We proudly present 350 N Hayworth Ave—a prime redevelopment opportunity located in the heart of Beverly Grove, 90048. The property currently features a vacant, fire-damaged 4-unit building totaling 5,070 square feet and is ready for demolition. Sitting on a 7,526 square foot LAR4-zoned lot, the site benefits from an SB-8 exemption, as it has remained unoccupied for over five years. This exemption opens the door to a range of development options that do not require the replacement of low-income housing. Almost RTI-approved plans include a 20-unit multifamily project consisting of 16 one-bedroom, one-bathroom units and 4 two-bedroom, two-bathroom units, with three designated as Extremely Low Income (ELI). There is flexibility to relocate the affordability covenant as long as the overall bedroom count remains equivalent. Alternative development scenarios include a small lot subdivision supporting four to six single-family homes or a 100% affordable housing project under Executive Directive 1 (ED1). This site represents a rare blank canvas in one of Los Angeles' most sought-after neighborhoods, offering strong potential for a range of high-value development strategies. Reach out for Offering Memorandum & Feasibility Study.

350 N Hayworth Avenue, Los Angeles

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.