12-unit property with 11 studios and 1 one bedroom apartment. All units have their own bathrooms and full kitchens. This would be a perfect opportunity for a master lease option or purchase by a program to house their own clients. All units are to be delivered fully renovated and housing ready. A full renovation has just been completed which includes complete plumbing re-pipe, electrical re-wire with all brand new equipment and separate metering, HVAC systems, and new finishes. The project is pending the meters to be installed by Edison to obtain final status. This was previously an 8-unit motel that has now been converted to a 12-unit apartments community.
For sale
Listing Provided by:
Logan Altman DRE #01965826 310-903-0222,
Altman Apartments LLC
$1,990,000
1222 E 78th St, Los Angeles, CA 90001
1beds
11baths
3,000sqft
Est.:
Multi Family
Built in 1938
-- sqft lot
$1,919,000 Zestimate®
$663/sqft
$-- HOA
What's special
Own bathroomsFull kitchens
- 1 day
- on Zillow |
- 30 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: August 18, 2025 at 05:29am
Listing Provided by:
Logan Altman DRE #01965826 310-903-0222,
Altman Apartments LLC
Source: CRMLS,MLS#: SR25185850
Originating MLS: California Regional MLS

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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 11
Appliances
- Laundry: None
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
Property
Parking
- Total spaces: 5
- Parking features: Asphalt, Controlled Entrance, Driveway, Electric Gate
- Uncovered spaces: 5
Features
- Levels: One
- Stories: 1
- Entry location: 78th Street
- Pool features: None
Lot
- Size: 5,497 Square Feet
- Features: Rectangular Lot, Street Level
Details
- Parcel number: 6024017056
- Zoning: LCM1*
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1938
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Street Lights, Sidewalks, Urban
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $663/sqft
- Date on market: 8/18/2025
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
- Total actual rent: 209280
- Tenant pays: Cable TV, Electricity, Insurance
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