1034 S Herbert, Los Angeles, CA 90023

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1034 S Herbert,Los Angeles, CA 90023
$2,210,000
  • 8 Beds
  • 7 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: benjamin lin
Office: 1000 realty corporation
MLS#:AR26026771
Source:San Diego MLS via CRMLS

Price summary

  • Price:$2,210,000

About this home

7 Large Units in LA county with Huge Lot Built in 1992. Great actual income with 6.27% CAP rate. The rents are still well below market, giving the buyer tremendous potential to increase income further. Convenient location: about 5 miles to Monterey Park & Downtown LA, 7 miles to Alhambra and 8 miles to South Pasadena. Close to USC Medical Center, Cal State LA, Boyle Heights and employment hubs. Walking distance to shops, schools, and neighborhood dining. Centrally located near Arts District. Vibrant cultural community with strong rental demand. Minutes to major freeways (I-5, I-10, 710 & 60) . Easy commuter access. This is a value-add investors dream: long-term tenants, below-market rents, and immediate to get cash flow and for growth & appreciation. Ample parking spaces, with a total of 16 parking spots. Due to the large lot size and abundant parking, there is potential to add ADUs. If feasible, the buyers potential income could further increase, but the buyer must verify with the...

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Home facts

  • Listing ID #:AR26026771
  • Added:57 day(s) ago
  • Updated:April 04, 2026 at 02:10 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:7

Finances and disclosures

  • Price:$2,210,000
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