17 days on rocket

1429 S Bedford St, Los Angeles, CA, 90035

$8,750,000

19 Bedrooms
18 Baths
9,332 SqFt
$938/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ParkingUnderground
HeatingCentral
CoolingCentral Air
MLS #24364839
Lot Size0.15 Acres
StatusActive

About 1429 S Bedford St

Attention, savvy investors: Presenting a rare opportunity to purchase a brand-new vacant building in a booming Pico-Robertson location! With eight units in total, configurations are open-concept, and each spacious layout is appointed with the finest high-quality finishes for the modern tenant. Constructed with entertaining top of mind, the living room and dining room transition effortlessly into the kitchen with stone backsplash, abundant cabinetry, and stainless-steel cooktop with hood. Residents enjoy treetop and city views from Juliet balconies and patios for al-fresco lounging and dining. Projected rent rolls provide a total of $459,000 in annual income. Parking is controlled-access and subterranean. This 2024-complete building is located within close proximity of everything in the La Cienega and Pico area, just moments to Beverly Hills, West Hollywood, and the greater Westside, with the 10 Freeway a short drive away. This prime investment opportunity promises incredible value for the fortunate investor.

Property Details

Property Features

Property Information:

  • Stories: 4
  • Living Area: 9,332 SqFt

Listing Office:

  • Office Name: The Beverly Hills Estates
  • Office Phone: (310) 626-4248
  • Listing Agent: Shauna Walters

Interior Features

Interior Information:

  • Appliances: Refrigerator, Dryer, Washer

Bedroom and Bathroom Information:

  • Total Bedroom Count: 19

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Underground

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Alexander Hamilton Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Daniel Webster Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Canfield Avenue Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: Bedford and Pico

Price Information

Listing Price Info

Price Summary:

  • List Price: $8,750,000
  • Price Per SqFt: $938/SqFt
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

1429 S Bedford St vs Los Angeles

17 DAYS ON ROCKET

-17 Days

$8,750,000

+$7.7M More

$938/SqFt

+$306 More

KEY TAKEAWAY

This property is $7.7M more than the Median Sold Price and $306/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24364839

Listing Office:

  • Office Name: The Beverly Hills Estates
  • Office Phone: (310) 626-4248
  • Listing Agent: Shauna Walters

IDX Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/16/2024, 8:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$43.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$26.2K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2471293
8
/10
  • Canfield Avenue Elementary School

  • 9233 Airdrome St

  • 0.57 miles

  • Public District Grades KG-5

school-card-donut-2471294
9
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 2.94 miles

  • Public Magnet Grades KG-6

school-card-donut-2471295
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 17.67 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-2471296
3
/10
  • Daniel Webster Middle School

  • 11330 Graham Pl

  • 3.49 miles

  • Public District Grades 6-8

school-card-donut-2471297
4
/10
  • Studio

  • 2211 W Avenue 30

  • 8.98 miles

  • Public District Grades 6-8

High School

school-card-donut-2471298
7
/10
  • Alexander Hamilton Senior High School

  • 2955 S Robertson Blvd

  • 1.46 miles

  • Public Magnet Grades 9-12

school-card-donut-2471299
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 9.73 miles

  • Public Magnet Grades 9-12

school-card-donut-2471300
7
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 11.79 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,281. Most Los Angeles, CA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1429 S Bedford St

What is the listing price of this property?

The listing price of 1429 S Bedford St property is $8,750,000.

What type of property is this?

The property 1429 S Bedford St is a house located in Los Angeles, California, 90035.

Is this property for sale now?

Active Listing: 1429 S Bedford St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1429 S Bedford St are:
Canfield Avenue Elementary School: GreatSchools Rating 8/10
Melrose Avenue Elementary School: GreatSchools Rating 9/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Daniel Webster Middle School: GreatSchools Rating 3/10
Studio: GreatSchools Rating 4/10
Alexander Hamilton Senior High School: GreatSchools Rating 7/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10

How many bedrooms and bathrooms does this property have?

The property at 1429 S Bedford St has 19 bedrooms and 18 bathrooms.

What is the square footage of this property?

The property 1429 S Bedford St is 9,332 SqFt (source: MLS/tax record).
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles900351429 S Bedford St

This home is located at 1429 S Bedford St in Los Angeles, CA and zip code 90035 in the Pico Robinson neighborhood. This 9,332 square foot home sits on a 0.15 acre lot. Features: 19 bedrooms, 18 bathrooms. It has been listed on Rocket Homes since April 30, 2024 and is currently priced at $8,750,000.

In April 2024, from all listings sold in Los Angeles, CA there were more than 701 sold above asking price, over 629 sold below and more than 204 were sold right at the asked price. The number of homes for sale in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. The median list price of listings available in April 2024 was $986,427, while the average time on the real estate market was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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