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1816 S La Brea Ave

Los Angeles, CA 90019
  • $1,800,000
  • STATUS: Active
  • ON SITE: 37 Days
  • MLS #: 25515323
$1,800,000
  • 8
    BEDS
  • 0.17
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 4,076
    SQFT
  • $442
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1924
County:

School Ratings & Info

Description

Well maintained and updated 5 Unit apartment building with rent at or near market rates. 4 units with 2BR/1BA and a studio in the rear with 3/4 bath and mini kitchen. Each unit has been updated and/or maintained with features such as stainless steel appliances, granite counter tops, wood flooring, recessed lighting, sconces, double pane windows and all the 2BR units have central AC/Heat and stackable washer/dryer! Outside of being a turn key investment it has potential for value-add improvement such as room for adding a second bathroom to the 2BR units and with a generous lot size there is plenty of room for a ADU adding a 5unit + 1.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-04-29T23:42:49.067. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/161780913
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1816 S La Brea Ave Los Angeles, CA 90019

  • Price: $1,800,000
  • Status: Active
  • On Site: 37 Days
  • MLS #: 25515323
8
Beds
5
Baths
0
½ Baths
0.17
Acres
4,076
SQFT
$442
$/SQFT
1924
Built
Neighborhood:
Mid Los Angeles
County:
Los Angeles
Area:
Mid Los Angeles
Property Description
Well maintained and updated 5 Unit apartment building with rent at or near market rates. 4 units with 2BR/1BA and a studio in the rear with 3/4 bath and mini kitchen. Each unit has been updated and/or maintained with features such as stainless steel appliances, granite counter tops, wood flooring, recessed lighting, sconces, double pane windows and all the 2BR units have central AC/Heat and stackable washer/dryer! Outside of being a turn key investment it has potential for value-add improvement such as room for adding a second bathroom to the 2BR units and with a generous lot size there is plenty of room for a ADU adding a 5unit + 1.
Exterior Features

Direction Faces West Entry Location Main Level Exterior Construction StuccoWood Siding Levels One Lot Description Fenced Lot Location City Lot Size Area 7252 Other Structures None Parking Garage DrivewayTandemAssignedParking for GuestsParking for Guests - OnsitePrivateGated Paved YN Yes Pool Description None Pool YN No Roof CompositionFlat Spa None Spa YN No Sprinklers None Style Mediterranean Tennis Court None Total Parking 10 View Description City View YN Yes Water Frontage None

Interior Features

Common Walls Attached Cooling CentralAir ConditioningCeiling FanWall Unit(s) Equipment Ceiling FanGarbage DisposalRange/OvenRefrigeratorWasherDryer Fireplace Rooms None Flooring HardwoodMixedTile Heating Forced AirCentral Interior Features Common Walls Kitchen Features Granite Counters Laundry In Unit Water Heater Features GasWater Heater Unit Windows Double Pane Windows

Property Features

ADACompliance No Alley YN No Amenities None Assessed Total Value 1450728 Association Pet Rules No Disclosures Rent Control Entry Floor Number 1 Gross Income 113400 Gross Operating Income 107730 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Net Operating Income 76950.00 Number Of Buildings 1 Number Of Units 5 Owner Pays WaterGardener Property Condition Updated/Remodeled Rent Control YN Yes Sale Type Standard Security Features Gated Sewer In StreetIn Connected and Paid Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays Cable TVInsuranceElectricityGasTrash Collection Total Annual Expense 36451 Type Of Units 2 Bedroom Water Water District Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning LAR3

Listing provided courtesy of Paul Barbosa DRE#01435896 of Century 21 Hollywood: 323-462-7436.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-04-29T23:42:49.067. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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