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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.
Property Type(s):
Residential Income
| Last Updated | 9/4/2025 | Year Built | 1940 |
|---|---|---|---|
| Community | C19 - Beverly Center-Miracle Mile | County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| AREA | C19 - Beverly Center-Miracle Mile |
| HEAT | None |
| LOT | 6839 sq ft |
| STORIES | 2 |
Location
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Listed with Marcus & Millichap
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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