Beverly Center-Miracle Mile (C19) Real Estate

Beverly Center-Miracle Mile (C19) Real Estate

Welcome to the Beverly Center-Miracle Mile neighborhood, a vibrant gem nestled in the heart of Los Angeles, California. This dynamic area is renowned for its eclectic mix of culture, shopping, and culinary delights, making it one of the most sought-after destinations in the city.

The Beverly Center, a premier shopping mall, boasts an impressive array of high-end boutiques, flagship stores, and gourmet dining options. Whether you’re in the mood for luxury brands or unique finds, this shopping haven has something for everyone. Just a stone's throw away, the Miracle Mile is rich in culture, featuring world-class museums like the Los Angeles County Museum of Art (LACMA) and the La Brea Tar Pits, where you can explore the fascinating history of prehistoric fossils.

The neighborhood's architecture is a delightful blend of historic charm and modern design, offering a visual feast for residents and visitors alike. Tree-lined streets create a welcoming atmosphere, perfect for leisurely strolls or casual bike rides. With an array of cafes, art galleries, and trendy eateries, you’ll find plenty of opportunities to indulge in the local culinary scene.

For families, the Beverly Center-Miracle Mile area is surrounded by excellent schools and parks, making it an ideal place to settle down. With easy access to public transportation and major freeways, commuting to other parts of Los Angeles is a breeze.

Whether you’re looking to invest in real estate or simply explore this vibrant neighborhood, Beverly Center-Miracle Mile offers a unique blend of urban sophistication and community warmth, making it a truly exceptional place to call home.

Newest Listings in Beverly Center-Miracle Mile (C19)

$10,895,000
26865499 MLS Active Status
We are pleased to present 1126 Corning Street, an exceptional Ready-to-Issue (RTI) luxury 50-unit multifamily development opportunity located in the heart of Pico-Robertson, one of Los Angeles' most desirable and supply-constrained residential neighborhoods. Offered at $10,895,000, the property provides developers with the rare ability to immediately commence construction on a fully entitled luxury apartment community without the uncertainty, extended timeline, and significant carrying costs associated with the entitlement process. Situated on approximately 19,736 square feet of land, the project has received Ready-to-Issue permits for a thoughtfully designed 50-unit luxury multifamily community. The approved unit mix includes 1 studio, 9 one-bedroom, 16 two-bedroom, and 24 three-bedroom residences, complemented by 76 on-site parking spaces. The predominance of larger two- and three-bedroom units differentiates the project from traditional multifamily developments and positions it to meet the continued demand for spacious, luxury rental housing. One of the compelling attributes of this offering is that the existing improvements are 100% vacant, eliminating the substantial cost and delays associated with tenant relocation. Upon acquisition, a developer can proceed directly to demolition and construction, significantly reducing execution risk while accelerating the development timeline. Pico-Robertson has long been recognized as one of Los Angeles' premier residential neighborhoods, characterized by its affluent demographics, walkable streets, excellent schools, and vibrant mix of restaurants, cafs, retail, and neighborhood services. The area's central location continues to attract professionals, families, and long-term residents seeking convenient access to the city's premier employment centers while maintaining a true neighborhood atmosphere. The combination of strong rental demand, limited development opportunities, and exceptionally high barriers to new supply has made the neighborhood one of the most resilient multifamily investment markets in Southern California.Ideally located just West of the intersection of Pico Boulevard and La Cienega Boulevard, the property provides exceptional connectivity to many of Los Angeles' most desirable neighborhoods, including Beverly Hills, Beverly Grove, Beverlywood, Miracle Mile, Century City, Culver City, West Hollywood, and the greater Westside. Residents will enjoy convenient access to world-class shopping and dining, major employment centers, renowned medical institutions, and an extensive transportation network including the Metro D Line extension and Interstate 10, offering seamless connectivity throughout the region.With entitlement risk substantially eliminated, immediate development capability, a fully vacant site, and an irreplaceable infill location, 1126 Corning Street represents one of the premier multifamily development opportunities currently available in the Los Angeles market. The combination of RTI status, a differentiated luxury unit mix, exceptional neighborhood fundamentals, and immediate execution potential creates a rare opportunity to deliver a best-in-class multifamily community in one of the city's most sought-after rental markets. Contact the listing broker for additional information.

1126 S Corning Street, Los Angeles

$4,700,000
30 Beds 30 Baths 26865467 MLS Active Status
We are pleased to present 1041 S Corning Street, a15-unit (plus one non-conforming single unit) multifamily investment opportunity, located in the coveted Pico Robertson neighborhood. The property sits west of La Cienega Boulevard just south of Olympic Boulevard, a few blocks from Beverly Hills. Built in 1962, the property spans approximately 16,234 SF on a 12,270 SF lot. Offered at $4,700,000 ($313,333/unit, $289.52/SF), reflecting a 5.50% current cap rate and 10.48GRM on in-place income. A diverse unit mix of two one-bedroom units, twelve two-bedroom/two-bath units, one three-bedroom/three-bath unit, and one single, non-conforming unit caters to a wide range of renter profiles. caters to a wide range of renter profiles. The property offers a gated entrance with an intercom system, along with a gated parking garage, providing tenants with a secure, controlled-access living environment. Private balconies are featured on the front and rear of the property add livability and appeal relative to competing product. The property is separately metered for gas and electric. Approximately 9 units have been remodeled with select units featuring new AC Systems. On-site community laundry, equipped with two washers and two dryers. The property offers 16 parking spaces, a notable amenity in the submarket that supports tenant demand and provides the new owner with upside potential through increased parking revenue. The property has experienced healthy natural turnover with limited legacy tenancy, supporting a faster path to market rents for a new owner. Situated in a high-demand, competitive rental submarket just below Olympic Boulevard and west of La Cienega, the property benefits from strong and consistent tenant demand. Several new construction developments along the block signal continued investment and reinvestment in the immediate area, reinforcing long-term value in the location. Pico Robertson remains a tightly held, highly desirable submarket with limited turnover among comparable multifamily assets, offering a rare opportunity to acquire scale just blocks from Beverly Hills.

1041 S Corning Street, Los Angeles

$3,850,000
4 Beds 4 Baths 26864871 MLS Active Status
Discover an oasis of luxury at 6138 Maryland Drive, a masterpiece in the heart of Beverly Center - Miracle Mile Area. This 4-bedroom, 4.5 bath residence spans 4000 sqft and redefines elegant living. Inside, Venetian plaster walls create a seamless blend between interior and exterior, while marble countertops and wooden cabinets adorn the gourmet kitchen, equipped with Viking appliances. For your peace of mind, security cameras are discreetly installed, providing an extra layer of protection. The home has brand new audio equipment for plasma, a 185 inch Sony with a 7.2 surround theater in the family room and 5.1 surround sound in the master bedroom as well as speakers throughout the home, all controlled on an iPhone, pool system is also controlled on iPhone. The home is equipped with 4 plasmas. Heating and Air Conditioning is central throughout the home. The outdoor space is a haven of relaxation, featuring a saltwater pool adorned with a fountain, a high-power Jacuzzi, and an inviting outdoor dining area. The BBQ zone, complete with a refrigerator, sets the stage for memorable gatherings. A meticulously maintained rose garden graces the front yard, adding charm and color to the property. With a 2-car garage and spacious driveway accommodating more cars, parking is a breeze. Situated within a family-oriented neighborhood, this home is moments away from the Grove LA, esteemed restaurants, and lively bars.

6138 Maryland Drive, Los Angeles

$5,100,000
5 Beds 6 Baths 26864671 MLS Active Status
Extraordinary architectural residence in one of Los Angeles' most coveted neighborhoods, 513 N. Martel Avenue offers 5 bedrooms, 6 bathrooms, and approximately 4,409 square feet of modern living with exceptional light, volume, and indoor-outdoor connectivity. Enter through an oversized white oak pivot door into the main living space where soaring ceilings, skylights, and wide-plank French oak flooring define the home's architectural character. The open floor plan connects the living room, dedicated dining area (with wet bar and custom built-ins) to create a functional space for living and entertaining. The gourmet kitchen is well appointed with custom walnut cabinetry, built-in Miele appliances, a Pitt cooktop, and an expansive stone island with seating. Fleetwood sliding glass doors open directly to the backyard, where the sparkling pool, spa, garden with fire pit corner and summer kitchen become a natural extension of the home. The glass pool house includes a living area, full kitchen and bathroom, with flexibility to be a guest residence, home office, gym, or creative studio. Back inside the main house, the grand illuminated staircase leads you upstairs to a private landing and access to 3 bedrooms each with en-suite bathrooms and excellent storage space. The primary suite features a fireplace, private terrace, custom walk-in closet, and one-of-a-kind spa like bath with a soaking tub beneath a skylight and an open-air shower. An additional bedroom with en-suite bath on the main level is perfect for guests or office set up. Highlight features include a Control4 smart home system, integrated audio, solar panels, and a two-car garage. Designed by renowned architect Avi Galili, this is an exceptional home not to be missed.

513 N Martel Avenue, Los Angeles

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.