Lucrum Real Estate Group is pleased to present Crestview Residences, a 12-unit garden-style multifamily investment opportunity located at 2015 & 2021 Chariton Street in the Beverlywood Vicinity of Los Angeles. Built in 1961, the offering comprises two adjacent six-unit buildings on separate APNs, totaling approximately 12,680 square feet of building area across ±12,557 square feet of combined land.
A defining investment advantage is the property’s distinctive unit mix, consisting of ten three-bedroom/two-bath residences and two studio/one-bath residences. The concentration of spacious three-bedroom floor plans differentiates the asset from traditional smaller-unit apartment communities and broadens its appeal to renters seeking additional living space in a centrally located Westside-adjacent neighborhood.
Crestview Residences offers an inviting garden-style setting with mature landscaping, secured intercom entry, a central water feature, and distinctive mid-century architectural details. Select residences feature private patios or balconies. The property also provides gated parking, two laundry rooms, and five storage lockers, contributing to resident convenience and the overall appeal of the community.
Ownership has invested in important building improvements, including a completed soft-story seismic retrofit, gas shut-off valves on both buildings, and partial vinyl-window replacements. Individually metered gas and electricity further support the property’s operating profile. These improvements complement the asset’s established physical character and offer investors a well-presented foundation for continued ownership.
From an investment perspective, the property combines existing income with meaningful value-add potential. One vacant three-bedroom/two-bath residence presents a near-term opportunity to increase rental income upon lease-up, while the broader difference between current and projected market rents provides additional long-term income growth potential. Together with its desirable large-unit mix, garden-style appeal, and Westside-adjacent location, Crestview Residences offers multiple avenues for income enhancement and long-term value creation.
Unit Mix
Crestview Residences is strategically located in the desirable Beverlywood Vicinity of Los Angeles, an established Westside-adjacent residential neighborhood offering an attractive balance of neighborhood character, urban convenience, and connectivity to some of Southern California’s most prominent employment and lifestyle destinations. Situated near Beverlywood, Pico-Robertson, South Robertson, Culver City, and Century City, the property benefits from a central location that places residents within convenient reach of major business districts, shopping destinations, entertainment venues, and everyday amenities.
The surrounding area offers access to a diverse network of employment centers, including Century City’s corporate and professional office district, Culver City’s expanding media, entertainment, and technology industries, and the established commercial centers of Beverly Hills and Westwood. Major employers and institutions throughout these areas contribute to the broader region’s economic activity and provide a diverse employment base. The property’s proximity to these destinations enhances its appeal to residents seeking convenient access to professional opportunities while enjoying the character of an established residential neighborhood.
Residents benefit from an extensive selection of nearby shopping, dining, entertainment, and recreational amenities. Robertson Boulevard, Pico Boulevard, and La Cienega Boulevard provide access to neighborhood restaurants, cafés, grocery stores, and essential services, while destinations such as Westfield Century City, Downtown Culver City, and Beverly Hills offer additional retail, dining, and entertainment experiences. The surrounding area also provides access to cultural attractions, parks, recreational facilities, and community amenities that contribute to the neighborhood’s overall livability.
Connectivity further strengthens the property’s location advantages. Nearby thoroughfares, including Robertson Boulevard, La Cienega Boulevard, Venice Boulevard, and Pico Boulevard, connect residents to surrounding Westside neighborhoods and commercial districts. Access to Interstate 10 and Interstate 405 supports regional travel throughout Los Angeles, while Metro bus services and the Metro E Line provide additional transportation options connecting Culver City, Santa Monica, and Downtown Los Angeles.
From an investment perspective, Crestview Residences benefits from its position within an established residential market characterized by Westside accessibility, proximity to diverse employment centers, and a concentration of neighborhood-serving amenities. The property’s distinctive unit mix, featuring ten three-bedroom/two-bath residences, complements this location by offering spacious rental accommodations for households seeking additional living space in a centrally connected Los Angeles neighborhood. Combined with the property’s garden-style setting, well-maintained physical profile, and income growth potential, these location attributes strengthen its competitive positioning and long-term multifamily investment appeal.
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