Named for the orchards that used to thrive on the plains of the old Rancho La Brea, Beverly Grove has an exuberant air that extends throughout the submarket’s exceptional shopping and chic dining destinations. Nestled between West Hollywood and Beverly Hills, Beverly Grove’s quiet tree-lined residential streets are literally steps from the very best of Los Angeles’ world-class cosmopolitan amenities – making the upscale submarket one of LA’s most walkable. With larger apartment complexes positioned just off the submarket’s main thoroughfares and plenty of smaller buildings mixed into quieter, single-family neighborhoods, Beverly Grove offers multifamily investors high-quality opportunities both big and small.
Market Stats - 2020
Overview - Annual Sales Stats
BUILDINGS SOLD
7
AVERAGE SALE PRICE
$6,724,286
AVERAGE PRICE PER UNIT
$398,898
AVERAGE PRICE PER SQUARE FOOT
$480Rent vs Vacancy - Historical*
*Data Source: CoStarBuildings Sold - Historical