The Studio Arnaz Apartments are located at 320 S Arnaz Dr. The offering is a 48-unit Non-RSO (AB1482) multifamily investment opportunity in Beverly Grove, one of Los Angeles' premier rental neighborhoods. Built in 1984 and encompassing 33,462 SF of improvements on a 17,424 SF parcel, the property features 48 large studio apartment units, all of which include large private balconies offering panoramic views of the Hollywood Hills, West Hollywood, and Beverly Hills. The property is ideally situated just moments from two of Los Angeles's most influential economic and cultural hubs: Cedars-Sinai Medical Center and the vibrant Robertson Boulevard corridor. Cedars-Sinai, one of the nation's top-ranked hospitals and the region's largest employer, attracts a steady flow of medical professionals, researchers, and staff, creating consistent housing demand. Robertson Boulevard further enhances the neighborhood's status as one of the country's most exclusive retail corridors, with its restaurants and ultra-luxury retail. This exceptional location offers residents immediate access to a broad range of amenities, entertainment destinations, and major employment centers. Historically, the submarket has delivered strong long-term rent growth, outstanding appreciation, and reliable value preservation for investors. 320 S Arnaz benefits from a strong, market-tested unit mix known for its reliability and broad renter appeal, featuring open floor plans, stainless steel appliances, wood-style flooring, window treatments, and wall A/C units. Combined with the property's premium location and larger-than-average floor plans, the building consistently attracts an affluent, professional, and reliable renter base, resulting in stable in-place income. New ownership will have the opportunity to realize the property's full rental potential. With thoughtful modernization of both unit interiors and common areas as vacancies occur, a new operator has a significant opportunity to elevate the asset's positioning, drive substantial revenue growth, and unlock the long-term value inherent in this exceptionally located building. The property offers a range of practical and desirable amenities, including gated on-site parking (48 secured spaces), a secure street-level entrance with intercom, common-area laundry facilities, an in-place security system with cameras throughout, and large private balconies for all units. This multifamily asset is positioned in one of Los Angeles' most coveted micro-m

Source: bridgeMLS, MLS#: CL26842459