JUST REDUCED $200,000!! 1820 South La Brea is a 15 Unit Investment Opportunity in Los Angeles, perfect for both seasoned and new apartment investors alike! This 6200 square foot asset has a remarkable 35% upside in potential rent and is located near the trending Lafayette Square/Mid City area, which is currently undergoing dramatic changes. The building is master metered for utilities and has well laid out, cozy units with kitchenettes - several have full kitchens. The Unit Mix consists of 5 Studio units and 10 Bachelor units, with 10 compact parking spots available for tenants. Property is located within the newly formed Opportunity Zones! See remarks for more info.
Off market
$1,935,400
1820 S La Brea Ave, Los Angeles, CA 90019
15beds
6,261sqft
MultiFamily
Built in 1963
-- sqft lot
$1,935,400 Zestimate®
$309/sqft
$2,018 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 13
- Full bathrooms: 13
Cooling
- Other
Appliances
- Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven
Features
- Flooring: Carpet
- Common walls with other units/homes: 2+ common walls
Interior area
- Total interior livable area: 6,261 sqft
Property
Parking
- Total spaces: 10
Features
- Levels: Three Or More
Lot
- Size: 5,797 sqft
- Features: Lot Shape-Rectangular, Paved, Level with Street, Walkstreet, Near Public Transit
Details
- Parcel number: 5067013025
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Other
Condition
- Year built: 1963
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Los Angeles
Other
Other facts
- CommunityFeatures: Curbs, Sidewalks, Street Lighting
- CommunityFeatures: Storm Drains
- PropertyType: Residential Income
- SpecialListingConditions: Standard
- CommonWalls: 2+ common walls
- PreviousStandardStatus: Active
- MLSAreaMajor: 699 - Not Defined
- LotFeatures: Lot Shape-Rectangular, Paved, Level with Street, Walkstreet, Near Public Transit
- Levels: Three Or More
- BuildingAreaUnits: Square Feet
- ElevationUnits: Feet
- LotSizeSource: Assessor
- WaterSource: Public
- TaxTractNumber: 5870
- ParcelNumber: 5067013025
- Sewer: Public Sewer
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Estimated market value
$1,935,400