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Sold for $1,540,000 on 06/06/25
  • Listing Provided by: 

    Brett Lyon DRE #01717818 3107801899,

    Lyon Stahl Investment Real Estate, Inc.,

    Woody Stahl DRE #01399621 310-425-9838,

    Lyon Stahl Investment Real Est

    $1,540,000

    1915 S Central Ave, Los Angeles, CA 90011

    --beds
    22baths
    7,400sqft
    Mixed Use
    Built in 1905
    -- sqft lot
    $-- Zestimate®
    $208/sqft
    $-- Estimated rent

    What's special

    Discover this rare investment opportunity in the heart of Historic South Central Los Angeles, featuring 22 studio units and 2 commercial spaces. With a remarkably low cost of just $78,125 per unit, this property presents exceptional value. Offering a total of 7,400 SF of building space on a 5,150 SF lot, it boasts a solid 6.04% current CAP rate with incredible upside potential, including an 12.83% market CAP and a 4.96 market GRM. Conveniently located near the 110 and 10 Freeways, USC, and the vibrant DTLA Arts District, this property’s prime location enhances its tenant appeal. With its strong rental upside and unmatched price per unit, this is an outstanding opportunity to invest in a high-demand, rapidly growing area!

    Zillow last checked: 7 hours ago

    Listing updated: June 11, 2025 at 05:51pm

    Listing Provided by:

    Brett Lyon DRE #01717818 3107801899,

    Lyon Stahl Investment Real Estate, Inc.,

    Woody Stahl DRE #01399621 310-425-9838,

    Lyon Stahl Investment Real Est

    Bought with:

    Olga Wright, DRE #01315042

    Lyon Stahl Investment Real Estate, Inc.

    Evelyn Baez Gonzalez, DRE #02103055

    Lyon Stahl Investment Real Estate, Inc.

    Source: CRMLS,MLS#: SB25011289MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 22
    Appliances
    • Laundry: None
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 7,400
    • Total interior livable area: 7,400 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 5,150 sqft
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 5131008014
    • Zoning: LAC1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Mixed Use
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1905

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Biking
    Location
    • Region: Los Angeles

    HOA & financial

    Other financial information
    • Total actual rent: 19621

    Other

    Other facts
    • Listing terms: Conventional
    Services availability
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