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We are pleased to present 1233 S Bedford Street, a rare investment or owner-user opportunity in the highly desirable Pico-Robertson submarket of Los Angeles. Situated just north of W Pico Boulevard, this premier neighborhood is known for attracting high-end renters with consistently low vacancy rates and steady rent growth. The subject property is a fully vacant fourplex featuring two one-bedroom units (798 SF and 824 SF) and two two-bedroom units (1,000 SF and 1,034 SF), offering immediate value-add potential through renovations. There is a garage with capacity for four vehicles and significant ADU potential at the front or back of the lot (buyer to verify). Alternatively, the property's 6,840 SF lot, zoned [Q]R3-1-O in a Tier 3 TOC, presents attractive development potential, with ownership having preliminary plans for a 36-unit senior affordable housing project. The surrounding neighborhood has strong demographics, with a median home value exceeding $1.1 million and average household income over $127,000 within a two-mile radius. With an exceptional Walk Score of 96, residents benefit from proximity to an array of high-end retail and lifestyle amenities along Robertson, Olympic, and La Cienega Boulevards, reinforcing Pico-Robertson's status as one of Los Angeles' most vibrant and sought-after communities.
| DAYS ON MARKET | 10 | LAST UPDATED | 9/9/2025 |
|---|---|---|---|
| YEAR BUILT | 1940 | COMMUNITY | C19 - Beverly Center-Miracle Mile |
| COUNTY | Los Angeles | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | C19 - Beverly Center-Miracle Mile |
| HEAT | None |
| LOT | 6839 sq ft |
| STORIES | 2 |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Based on information from California Regional Multiple Listing Service, Inc. as of 9/13/25 12:25 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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