1150 Masselin Ave is a 10 unit building near Miracle Mile in Los Angeles. Offers Assumable Financing at 3.15% Interest Only until 2031! The spacious 1 & 2 bedroom units average to about 877 SF each. 4 out of the 10 units have been renovated, while also offering over 54% rental upside! Brand New Roof Put in 2024. Potential ADU opportunity via SB 1211 (Buyer to Verify). The building is separately metered for gas and electric and has a new 100G water heater. 1150 Masselin has 7 total parking spaces and features a Large 9,295 SF Corner Lot Zoned LAR3.
Sold for $2,826,000 on 10/17/25
$2,826,000
1150 Masselin Ave, Los Angeles, CA 90019
14beds
10baths
8,768sqft
Multi Family
Built in 1948
-- sqft lot
$2,825,700 Zestimate®
$322/sqft
$2,737 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 17, 2025 at 08:26am
Listed by:
Jordan Asheghian DRE # 01886605 310-922-0238,
Lyon Stahl Investment Real Estate, Inc. 310-425-9838
Bought with:
Babak Siminou, DRE # 00980111
Simco Enterprises Inc
Source: CLAW,MLS#: 25523913
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 10
Heating
- Electric
Cooling
- Air Conditioning
Appliances
- Laundry: Common Area, Gas Dryer Hookup
Interior area
- Total structure area: 8,768
- Total interior livable area: 8,768 sqft
Property
Parking
- Total spaces: 7
- Parking features: Driveway, Covered
- Covered spaces: 3
- Uncovered spaces: 4
Features
- Levels: Two
Lot
- Size: 9,295 sqft
Details
- Additional structures: Other
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1948
Community & neighborhood
Location
- Region: Los Angeles
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Estimated market value
$2,825,700