Property Detail

320 Arnaz

Los Angeles CA 90048

$18,500,000

Status: Active

Property Details

Description

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-markets, Beverly Grove, just 300 feet from the Beverly Hills border. Its location offers residents immediate access to the prestige, lifestyle, and high-income demographics that define the Westside's most desirable neighborhoods. Situated one block from Cedars-Sinai Medical Center, one of the nation's top hospitals and a major employment hub, the property benefits from exceptionally strong and stable rental demand from medical professionals, staff, and patients' families seeking nearby housing. Additionally, the building sits just steps from the world-class shopping, dining, and walkable urban energy of Robertson Boulevard, home to premier boutiques, upscale eateries, and daily conveniences. This combination of proximity to Beverly Hills, adjacency to major employment centers, and access to signature lifestyle amenities creates a highly attractive, irreplaceable location poised for long-term tenant demand and sustained asset value growth. In addition to the above, 320 S Arnaz benefits from cutting-edge operational systems, including utility recapture through a RUBS (Ratio Utility Billing System) implementation and other advanced management strategies. These modern operations not only streamline day-to-day management but also maximize revenue and reduce expenses - giving a new owner an immediate, hands-on advantage in efficiency and profitability.

Map Location

Listing provided courtesy of Nick Astrupgaard of KW Commercial Studio City. Last updated 2026-06-22 08:11:28.000000. Listing information © 2025 CRMLS.

Ever Eternity

Ever Eternity

CA DRE# 01794748

1111 Prospect St, Suite 100 La Jolla,
​​​​​​​CA 92037

858.688.4113

Contact Me
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Welcome

Meet Ever

Ever Eternity is Your Local Real
Estate Professional

Whether it's your first townhouse, vacation property or coastal dream home, I will work to find the property that's best for you. I am able to anticipate and fulfill each of my clients needs, in order to find the perfect home for them and their family. I am here to work with you, to find the best fit for you, and am excited for the opportunity.

People choose to work with me for my full service expertise, experience and ethics. My base of loyal customers is the reason I am successful in this competitive sales market.

​My attention to detail allows me to find dream homes for buyers, and build thorough home marketing plans for my sellers. I have great pride in my negotiation skills and believe in transparency and full disclosure throughout each deal. I value open communication with my clients and welcome questions from start to close.

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"My Mom passed away 1/31/21 needless to say it was a very difficult time for me. I needed help selling my mothers home. I reached out to Ever and he stepped up big! From the beginning he was a true professional great communication skills, great attitude, always made time for me and answered any questions I had. He showed compassion for my situation and went above and beyond to make things as easy as possible for me. Go with Ever you won’t regret it!"

"I worked with Ever through the process of an Estate Sale and sale of a condominium. Throughout the experience he and his team were extremely helpful. I had never been involved with an estate sale previously and was working with the additional factor of not being local. After an initial meeting I was able to deal with he and his team remotely which simplified the entire process and experience. Any questions or issues I had were very quickly addressed and resolved. My entire experience was very positive. Thank You!"

"Ever was simply excellent. He is thorough, approachable and very knowledgable of the house buying process. We appreciated his manner and help throughout our purchase process - he never made us feel pressured to select a house and helped us find a perfect match. He was especially helpful when we needed to juggle urgent travel during the Escrow process, helping us set up power of attorney. We would recommend Ever to any type of buyer and will certainly use him for any future real estate needs that we have."

"I worked with Ever through the process of an Estate Sale and sale of a condominium. Throughout the experience he and his team were extremely helpful. I had never been involved with an estate sale previously and was working with the additional factor of not being local. After an initial meeting I was able to deal with he and his team remotely which simplified the entire process and experience. Any questions or issues I had were very quickly addressed and resolved. My entire experience was very positive. Thank You!"

"My Mom passed away 1/31/21 needless to say it was a very difficult time for me. I needed help selling my mothers home. I reached out to Ever and he stepped up big! From the beginning he was a true professional great communication skills, great attitude, always made time for me and answered any questions I had. He showed compassion for my situation and went above and beyond to make things as easy as possible for me. Go with Ever you won’t regret it!"

"Ever has been my agent through two purchases and one sale. He has a keen sence of the market and knows how best to price and time sales and purchases. He makes sure to get the job done and places the most importance on making his satisfying his clients wishes to the best of his ability. He works well with escrow, property managers, and whomever he needs to speak with."

"Working with Ever was a joy. We had a number of unexpected challenges during the process of selling our house and Ever was consistently there to help, guide, and support us. He was always available for consultation and never lost sight of the immediate issues nor the long term goals. Ever was an exemplary professional in every way and I would highly recommend him."

"Working with Ever was a great experience. Selling our Mom's house was emotionally difficult for us. Ever guided us thru the process and made it smooth and easy as possible for us. He responded to all of our questions with professionalism and knowledge. He kept us informed of every action during the sale. We trusted his advice and insights and he delivered on everything he said. The sale was quick and smooth and we couldn't be happier. We highly recommend Ever. He definitely knows his business."

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